2011 - JAMB Economics Past Questions and Answers - page 4

Ranking is the method use in measuring

If a firm is faced with an elastic supply curve, its revenue will

A firm will experience diseconomies of scale when

The law of variable proportions is applicable only

One of the characteristics of oligopoly is the availability of

Bank consolidation policy in Nigeria is a measure to increase

An increase in the circulation of money without a corresponding increase in output will lead to

In national income accounts, an item counted as part of government spending is

If aggregate demand is lower than total output in an economy national income will

During the era of barter, money was generally in the form of