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Economics Past Questions | JAMB, WAEC, NECO and Post UTME Past Questions


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Question 4391

One of the techniques of monetary control used by the central bank of Nigeria is

Options

A)
selective credit control
B)
budget deficit
C)
foreign exchange control
D)
monitoring the general price level
Comments (1)

Question 4392

Crude petroleum is a good example of a

Options

A)
lasting asset
B)
wasting asset
C)
synthetic product
D)
costless resources
Comments (1)

Question 4393

A major effect of a long distribution chain is

Options

A)
scarcity of commodities
B)
high retail
C)
low retails prices
D)
low producer earnings
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Question 4394

One of the major criticism of the 1962 -1968 National Development Plan was that?

Options

A)
it failed to incorporate lessons gained from earlier plans to enhance its efficiency
B)
it came too quickly after the country's independence
C)
planned expenditure was based too heavily on expected earnings from crude oil
D)
its execution was based largely on foregn-sourced financial resources
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Question 4395

Utility is the satisfaction derived from?

Options

A)
production
B)
distribution
C)
consumption
D)
demand
Comments (1)

Question 4396

Economic growth is different from economic development because economic growth

Options

A)
describes expansion and changes
B)
is measurable but not objective
C)
describes expansion and not change
D)
is not measurable but objective
Comments (1)