2005 NECO SSCE Economics Past Questions

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2005

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

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The use of tax and expenditure policy to regulate the economy is known as

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The following determine the level of consumption EXCEPT

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The following will occur when maximum price is fixed below the free market price EXCEPT that

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

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The problem of “how to produce” in any economy is solved by

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A major characteristics of a firm operating at a long-run equilibrium position is that

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

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When the total product starts falling, then the marginal product is

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The formular (N + 1)/2 is used to determine the

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The recent revolution of Cassava from ordinary food crop to export crop will lead to

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

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When an increase in the price of a commodity lead to a fall In the demand for aNOTher, the demand for the two commodities are said to be

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Economic problem arises as a result of

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The trade-off between two commodities along the Production Possibility Curve (PPC) shows

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

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

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Stock exchange market deals with

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The following are the objectives of agricultural policies in Nigeria EXCEPT

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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

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