Jamb Economics Past Questions For Year 1999
Question 1
From the table calculate the national income
- A. N18,500m
- B. 19,000m
- C. 19,500m
- D. 20,500m
Question 2
Use the diagram above to answer this question. Identity the three Important factors that can make So to become either S1 or S2
- A. Technology, weather and population
- B. Technology, price and tastes
- C. Weather, price and technology
- D. Population, weather and taste
Question 3
Use the diagram above to answer this question. Points E6 and E5 are respectively equilibrium points for
- A. Do and So D o and S2
- B. D1 and S2; D2 and So
- C. D2 and S1;D2 and S2
- D. D2 and SoDo and S2
Question 4
In the diagram above, the consumer attains equilibrium at point
- A. G
- B. H
- C. J
- D. K
Question 5
The graphs illustrate
- A. joint demand
- B. derived demand
- C. composite demand
- D. competitive demand
