UNN Economics 2008/2009 Past Questions

The production possibility curve can be used to explain the underlying concepts of

If the increase in the price of yams is used to estimate the inflation rate, this is an example of

Use the data below to answer questions 3 and 4
54, 35, 62, 79, 83, 36, 62, 42, 62, 42
Calculate the mean

Use the data below to answer questions 3 and 4
54, 35, 62, 79, 83, 36, 62, 42, 62, 42
What is the modal score?

A major determinant of demand for a luxury good is

As long as marginal utility is positive, total utility must be

One of the factors affecting the supply of manufactured goods is

An upward movement along the same supply curve results in

An example of an indirect tax is

A major consideration in locating a cement factory is the availability of

The activities of the oil and gas industries are classified into

Joint-stock companies can raise funds from

To protect farmers during a bumper harvest, the government usually

Contractionary monetary policy is used to

The output approach to measuring national income is based on the computation of