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Showing posts from April, 2026

Jamb questions 2026/27

 𝐉𝐀𝐌𝐁 𝐔𝐓𝐌𝐄 𝟐𝟎𝟐𝟔/𝟐𝟎𝟐𝟕: 𝐒𝐎𝐌𝐄 𝐄𝐂𝐎𝐍𝐎𝐌𝐈𝐂𝐒 𝐔𝐓𝐌𝐄 𝐌𝐎𝐂𝐊 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒 𝐆𝐀𝐓𝐇𝐄𝐑𝐄𝐃 𝐅𝐑𝐎𝐌 𝐂𝐀𝐍𝐃𝐈𝐃𝐀𝐓𝐄𝐒 𝐓𝐇𝐀𝐓 𝐏𝐀𝐑𝐓𝐈𝐂𝐈𝐏𝐀𝐓𝐄𝐃 - 𝐂𝐎𝐌𝐏𝐈𝐋𝐄𝐃 𝐁𝐘 𝐋𝐈𝐋𝐀 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒 𝟎𝟖𝟏𝟑𝟏𝟔𝟏𝟐𝟗𝟐𝟒  * The basic economic problem common to all societies is:    A. Inflation    B. Unemployment    C. Scarcity    D. Poverty  * The opportunity cost of a measure is:    A. The money price paid for it    B. The alternative sacrificed    C. The utility gained    D. The marginal cost  * In a market economy, the "invisible hand" refers to:    A. Government intervention    B. The price mechanism    C. Central planning    D. Foreign aid   * Which of the following is a factor of production?    A. Money    B. Entrepreneurship    C. Consumer goods ...