2002 NECO SSCE Economics Past Questions

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2002

If commodities A & B are jointly demanded, what will be the effect of an increase in the price of A on the demand for commodity B?

2002

Long-run in economic mean a period of time in which

2002

When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as

2002

If the prices of a commodity increases from N8.00 to N10.00 and the demand decreases from 100 to 80 respectively, what is the price elasticity of demand for the commodity?

2002

Which of the following is NOT a feature of capitalism ?

2002

Remuneration of labour based on number of hours worked is known as

2002

Which of the following measure will NOT serves as a control during inflation period?

2002

Government expenditure on universal basic education and subsidy on agriculture are aimed at

2002

A producer who can only influence the price of his product but canNOT determine the quantity to be sold is referred to as

2002

The formular used by the Expenditure approach to calculate National income is

2002

To discourage the consumption of harmful commodities, government should tax such commodities if they have

2002

An economic system in wich the decision on what and how to produce is determined by the individual is called

2002

If the consumer demand for product X increases, as the demand for product, Y increases then the goods X and Y are

2002

Which of the folowing NOT among the objectives of OPEC?

2002

The following are type of business organization EXCEPT

2002

Tc/Q =

2002

One of the function of united nation conference on trade and development (UNTAD) is to

2002

Disposable income in national income accounting is an income which

2002

The following are reward for factors of production EXCEPT

2002

Which of these is a necessary condition for trade by barter?

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2002 NECO SSCE Economics Past Questions

If commodities A &amp; B are jointly demanded, what will be the effect of an increase in the price of A on the demand for commodity B?

Long-run in economic mean a period of time in which

When combination of two goods which a consumer derive equal satisfaction is plotted on a graph, the graph is known as

If the prices of a commodity increases from N8.00 to N10.00 and the demand decreases from 100 to 80 respectively, what is the price elasticity of demand for the commodity?

Which of the following is NOT a feature of capitalism ?

Remuneration of labour based on number of hours worked is known as

Which of the following measure will NOT serves as a control during inflation period?

Government expenditure on universal basic education and subsidy on agriculture are aimed at

A producer who can only influence the price of his product but canNOT determine the quantity to be sold is referred to as

The formular used by the Expenditure approach to calculate National income is

To discourage the consumption of harmful commodities, government should tax such commodities if they have

An economic system in wich the decision on what and how to produce is determined by the individual is called

If the consumer demand for product X increases, as the demand for product, Y increases then the goods X and Y are

Which of the folowing NOT among the objectives of OPEC?

The following are type of business organization EXCEPT

Tc/Q =

One of the function of united nation conference on trade and development (UNTAD) is to

Disposable income in national income accounting is an income which

The following are reward for factors of production EXCEPT

Which of these is a necessary condition for trade by barter?

If commodities A & B are jointly demanded, what will be the effect of an increase in the price of A on the demand for commodity B?