NECO SSCE - Economics - 2005 (Objective)

If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is

constant

decreasing Richtige Antwort

fluctuating

increasing

proportional

Antwortdetails

Lies die Unterrichtsnotiz zu Money And Inflation (WAEC)

Lies die Unterrichtsnotiz zu The Theory Of Consumer Behaviour (JAMB)

Money And Inflation

The Theory Of Consumer Behaviour

Antwort anzeigen

Frage 30 Bericht

The following can be used to improve a country’s balance of payment EXCEPT

anti-dumping policies

decreasing taxation on personal income Richtige Antwort

granting subsidies to export producers

increasing import duties

removing export duties

Antwortdetails

Lies die Unterrichtsnotiz zu International Trade (JAMB)

Lies die Unterrichtsnotiz zu Theory Of Price Determination (WAEC)

Lies die Unterrichtsnotiz zu Economic Integration (WAEC)

Lies die Unterrichtsnotiz zu Supply (WAEC)

Lies die Unterrichtsnotiz zu International Trade And Balance Of Payments (WAEC)

International Trade

Theory Of Price Determination

Economic Integration

Supply

International Trade And Balance Of Payments

Antwort anzeigen

Frage 31 Bericht

The variance of a given set of numbers is defined as the

absolute value of the standard deviation

square of the standard deviation Richtige Antwort

square root of the standard deviation

square of the mean deviation

square root of the mean deviation

Antwortdetails

Lies die Unterrichtsnotiz zu Methods And Tools Of Economic Analysis (JAMB)

Lies die Unterrichtsnotiz zu The Theory Of Demand (JAMB)

Methods And Tools Of Economic Analysis

The Theory Of Demand

Antwort anzeigen

Frage 32 Bericht

The following are the objectives of agricultural policies in Nigeria EXCEPT

provision of food

provision of agricultural raw materials to industrial sectors

increasing prices of agricultural Inputs Richtige Antwort

creation of rural employment

Antwortdetails

Lies die Unterrichtsnotiz zu Agriculture (WAEC)

Lies die Unterrichtsnotiz zu Money And Inflation (JAMB)

Agriculture

Money And Inflation

Antwort anzeigen

Frage 33 Bericht

An economy in which decision of what to produce is taken partly by private individuals and state is referred to as Economy.

capitalist

communist

mixed Richtige Antwort

socialist

welfarist

Antwortdetails

Antwort anzeigen

Frage 34 Bericht

Which of the following is NOT a function of marketing boards in Nigeria?

Fixing of prices for farm produce

Grading of farm produce

Importation of farm produce Richtige Antwort

Marketing of farm produce

Price stabilization

Antwortdetails

Lies die Unterrichtsnotiz zu Industry And Industrialization (JAMB)

Industry And Industrialization

Antwort anzeigen

Frage 35 Bericht

An industry engaged in the extraction of raw materials and its conversion into semi-finished goods is called industry.

construction

conversion

manufacturing Richtige Antwort

mining

processing

Antwortdetails

Lies die Unterrichtsnotiz zu Agriculture (WAEC)

Agriculture

Antwort anzeigen

Frage 36 Bericht

The demand for factors of production is said to be

competitive

complementary

composite

derived Richtige Antwort

joint

Antwortdetails

Lies die Unterrichtsnotiz zu Factors Of Production (WAEC)

Factors Of Production

Antwort anzeigen

Frage 37 Bericht

Which of the following will NOT bring about an increase in Labour force?

Better medical services

Decrease in death rate

Emigration Richtige Antwort

Immigration

Increase in birth rate

Antwortdetails

Lies die Unterrichtsnotiz zu Population And Labour Market (WAEC)

Lies die Unterrichtsnotiz zu Population (JAMB)

Population And Labour Market

Population

Antwort anzeigen

Frage 38 Bericht

In the equation Q = a - bp + e; Q and P are .... Variables respectively.

constant and dependent

dependent and independent

error term and independent

independent and constant

independent and dependent Richtige Antwort

Antwortdetails

Lies die Unterrichtsnotiz zu The Theory Of Production (JAMB)

Lies die Unterrichtsnotiz zu Theory Of Price Determination (WAEC)

The Theory Of Production

Theory Of Price Determination

Antwort anzeigen

Frage 39 Bericht

If the standard deviation of a set of numbers is 3.6, what is the variance?

12.49

12.69

12.9

12.96 Richtige Antwort

12.98

Antwortdetails

Lies die Unterrichtsnotiz zu Methods And Tools Of Economic Analysis (JAMB)

Methods And Tools Of Economic Analysis

Antwort anzeigen

Frage 40 Bericht

The following determine the level of consumption EXCEPT

expectation of price changes

level of income

savings

the rate of taxes paid

the political climate Richtige Antwort

Antwortdetails

Lies die Unterrichtsnotiz zu Theory Of Consumer Behaviour (WAEC)

Lies die Unterrichtsnotiz zu Theory Of Production (WAEC)

Lies die Unterrichtsnotiz zu The Theory Of Demand (JAMB)

Theory Of Consumer Behaviour

Theory Of Production

The Theory Of Demand

Antwort anzeigen

Frage 41 Bericht

Which of the following is NOT a major role of OPEC in production, and marketing of petroleum?

Coordinating and unifying petroleum policies of member countries

Ensuring efficient and regular supply of oil to the two market

Raising the revenue of member countries from oil through price increase

Refining of petroleum products in member countries Richtige Antwort

Stabilizing oil prices putting a production ceiling

Antwortdetails

Lies die Unterrichtsnotiz zu Petroleum And The Nigerian Economy (JAMB)

Lies die Unterrichtsnotiz zu Money And Inflation (JAMB)

Petroleum And The Nigerian Economy

Money And Inflation

Antwort anzeigen

Frage 42 Bericht

If the population of a school is 600 and 60% are In JSS, how many students are in SSS?

204

224

240 Richtige Antwort

244

248

Antwortdetails

Lies die Unterrichtsnotiz zu Population (JAMB)

Population

Antwort anzeigen

Frage 43 Bericht

Persistent fail In the general price level Is known as

deflation Richtige Antwort

devaluation

general price Increase

inflation

price index

Antwortdetails

Lies die Unterrichtsnotiz zu Economics As A Science (JAMB)

Lies die Unterrichtsnotiz zu Agriculture In Nigeria (JAMB)

Economics As A Science

Agriculture In Nigeria

Antwort anzeigen

Frage 44 Bericht

Which of the following is NOT an objective of Economic planning?

Achieving economic self reliance

Achieving economic growth

Creating employment

Equitable allocation of resources

Widening the income gap Richtige Antwort

Antwortdetails

Lies die Unterrichtsnotiz zu Public Finance (WAEC)

Public Finance

Antwort anzeigen

Frage 45 Bericht

Which of the following is NOT a positive contribution a petroleum to Nigeria economy?

Development of bat infrastructures

Increase in National income

Major employer of labour

Major foreign exchange earned

Turning the nation to mono-product economy Richtige Antwort

Antwortdetails

Lies die Unterrichtsnotiz zu Petroleum And The Nigerian Economy (JAMB)

Petroleum And The Nigerian Economy

Antwort anzeigen






Drücken und Halten zum Ziehen
Hier klicken, um zu schließen