JAMB Economics Questions and Answers 2024/2025 July Verified CBT Solution

Are you preparing for UTME exam? If yes, here is JAMB Economics Questions and Answers 2024. This Joint Admissions and Matriculation Board Economics expo is verified. If you are ready to score high in your JAMB question on Economics, here is a help for you.

Are you a UTME candidate taking Economics in this year? If yes, here is JAMB economics answers for free. You will also see the JAMB expo on Economics and how the questions are set.

As a solution center, you are sure of scoring above 80 in your economics if you can keep calm and continue reading this article. It is a sure bet for JAMB 2024 economics runz.

It is important to know that Bingmat.com.ng do not collet money from students to show them JAMB past questions and answers on economics pdf, as well as current ones. We will also do the same in other subject for free.

This article will guide you on most repeated jamb economics questions. If you are for morning, afternoon, or evening section. we have you covered.

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About JAMB Economics Questions and Answers 2024

We understand you are here because you need free economics JAMB expo. You are in the right place. All you have to do is to make sure you keep checking this page. The answers you seek for will be released 2 hours to the JAMB economics exam.

JAMB Economics Questions

JAMB Economics Answers 2024 Loading…

Note: The questions and answers below are for practice.

1. A greater burden of the taxes on essential goods is borne by the
A. higher income group
B. newly recruitment workers
C. lower income group
D. contract workers

2. Privatization and commercialization of public enterprises in Nigeria is necessitated by
A. the IMF conditions
B. the IBRD conditions
C. the government’s loss of interest in them
D. their operational inefficiency

3. A situation in which all inputs are doubled and output also doubles is known as
A. constant proportions
B. increasing returns to scale
C. constant returns
D. constant returns to scale.

Also Read: JAMB Mathematics Questions and Answers 

4. Economic goods are termed scarce when they are
A. not available in sufficient quantities to satisfy all wants for them
B. not produced in sufficient quantities to satisfy the effective demand for them
C. of high quality
D. of primary importance in satisfying the needs of society.

5. The distinction between capital and recurrent expenditure lies in the
A. amount of expenditure involved
B. source of the revenue generated
C. nature of the goods and services to be provided
D. time frame of the expenditure

6. Under a floating exchange rate regime, the determinant of the exchange rate is
A. the system of government
B. demand for and supply of foreign goods
C. the highest denomination of the currency an act of the national assembly

How To Get JAMB Economics Questions and Answers 2024

Getting 2024 JAMB  Economics expo answers is easy. All you need to do is to make sure you join the WhatsApp, and Telegram link in this page.

Remember to practice your JAMB economics past question. It is a sure way to pass the exam. Most of the economics questions are usually repeated, so getting your hands on them would help make the exam easy for you.

If you have any enquiry concerning the JAMB Economics Questions and Answers 2024, use the comment section to get to us. We promise to respond immediately.

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