2004 NECO SSCE Economics Past Questions

2004

The desire to hold cash balances in order to meet expenditures which arises due to unforeseen circumstances is

2004

When Elasticity of Demand is greater than one, the demand is

2004

A development planning which takes a long range view of the economy and covers a period of 10-20 years is regarded as

2004

A business organization set up for the mutual benefits of member with similar interest is known as

2004

Which of the following is NOT a function of the wholesaler in the distributive channel?

2004

The main differences between money market and capital market is that money markets

2004

All the following are the objectives of economic planning EXCEPT to

2004

The disposable income of Uche increases by N10 million and her marginal propensity to consume also goes up to 0.6 how much of the additional income will she save?

2004

A firm with a total of 54 employees produced 108 tonnes of toilet tissues in 3months. What is the average production per employee?

2004

A one-man business is controlled by

2004

An inflation which occurs as a result of increase in production cost is known as

2004

A negative effect of the discovery of petroleum on the Nigerian economy is

2004

Which of the following is NOT a problem of population census in Nigeria?

2004

The unit of satisfaction dived from the consumption of an additional unit of a commodity is known as

2004

Which of the following factors will NOT affect supply of maize in Nigeria?

2004

Points outside the production possibility curves shows

2004

In international trade, when payments of a country are higher than the receipts, then the balance of payment is

2004

The basic economics problem of what to produce arises as a result of

2004

The main industrial cities in Nigeria are

2004

Demand for labour depends on the following factors EXCEPT

1 2