2018 - JAMB Economics Past Questions and Answers - page 4

An upward movement along the same supply curve result in_____________

The coefficient of the price elasticity of supply is always_____________

In the history of economics the concept of division of labour is usually associated With______________-

Given that Y = C + 1, where C = 50 + 0.75 and 1 = N45m, what is the equilibrium level of income?

From the diagram shown, the optional point of production is_____________?

An ad valorem tax is imposed on_____?

The labour force of a country is determined by the___________

The transfer of public share holding in corporations to private enterprise is___________?

An economy in which both the public and private sectors contribute to economic growth is a__________?

A  capital market differs from the money market in that in the former ________?