UNN Economics 2015/2016 Past Questions

The effect of emigration on a country's population, all other things remaining equal, is to

The elasticity of supply of perishable goods is

If the cost of production for a firm continues to increase as its output rises, the firm is said to be experiencing

The primary problem of Economics is

The basic principles of co-operative societies are those of

In estimating the national income of a country, the three approaches usually adopted are

The national growth rate of a population is the

The role of the Central Bank in the economic development of Nigeria is to

Localization of industries refers to the

GDP differs from GNP because GDP

At any given level of output, the total cost of a firm equals the

If two commodities are good substitutes for one another, an increase in the demand for one will reduce the demand for the other. This type of demand is called

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

Inductive method of scientific reasoning involves

The ability of commercial banks to create money depends on the