Economics JAMB, WAEC, NECO AND NABTEB Official Past Questions

64

which of the following is not emphasized in a production possibility curve

  • A. scarcity of resources
  • B. economic development
  • C. inefficiency in the use of resources
  • D. unemployment of labour
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65

Economic problem arise in all society because?

  • A. resources are mismanaged by leaders
  • B. there is no proper planning
  • C. resources are not in adequate supply
  • D. the services of economist are not employed
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