Neco Gce 2017 Economics OBJ & Theory/Essay QUESTION AND ANSWERS Free Expo
OTHERS SUBJECTS WONT BE FREE!!!! TAKE IT OR LEAVE IT
2017 Free NECO GCE Civic Education Questions and Answers Now Posted Click Here To View
PLEASE WHATSAPP US ONLY TO SUBSCRIBE NO. CALLS OR TEXT MESSAGES
09030866320
NECO GCE ECONOMICS OBJ
1-10 DEBECCCAAB
11-20 CEAEEDBEDC
21-30 EDEDBBBABC
31-40 DADCCDCADD
41-50 BDBBADCABE
51-60 ABBABDEACA
(1a)
No of birth
30/45 × 488500 = 3256667
(1b)
No of death
15/45 × 488500 = 1628333
(1c)
No of Environment Immigrant - Net migrant
70000 - 25000 = 45000
(1d)
Natural growth
Birth rate - Death rate
3,256,667 - 1628333 = 1628334
(1e)
5000000 + 700000 - 45000 = 5025000
(1f)
New Pop - Old pop / old pop × 100/1
5025000 - 5000000 / 5000000 × 100/1
= 5%
2a)
A = 18
B = 12
C = 11.2
D = 0
E = -2
2b)
-------------------------------------------
3a)
Price Elasticity of demand is the measurement of degree of responsiveness of quantity of a commodity bought to a small change (1.e an increase or decrease) in the price of that commodity.
3b)
i. Availability, or nonavailability of close substitutes: the extent to which substitute others commodities for a particular commodity will determine the elasticity of demand for that commodity.
ii. Degree of necessity: the extent to which a commodity is regarded a being essential by consumers will determine the elasticity of demand for it.
iii. The consumer's income: the income of the consumer will determine his responsiveness to price changes.
iv. The number of uses of the commodity: the greater the number of uses to which a commodity is put, the more elastic the demand for it.
----------------------------
5a) Industry can be defined as the economic activity concerned with the processing of raw materials and manufacture goods in factories
5b) I) shortage of raw materials
ii) inadequate power supply
iii) poor quality of industrial labour
iv) insufficient capital
v) Lack Of Managerial Ability
------------------------
12a) Brain drain can be describe as the process in which a country loses its most educated and talented workers to other countries through migration
12b)
I) Provide adequate research facilities.
ii) Provide attractive salaries to highly qualified people on the basis of their qualifications and experience
iii) Provide better job opportunities irrespective of caste, race or nationality.
iv) Promote people on merit alone.
4
Complementarity between Goods:Complementarity between goods or joint demand for goods also affects the price elasticity of demand. Households are generally less sensitive to the changes in prices of goods that are complementary with each other or which are jointly used as compared to those goods which have independent demand or used alone.
=======================
5a)
5b) - Time and Elasticity:
The element of time also influences the elasticity of demand for a commodity. Demand tends to be more elastic if the time involved is long. This is because consumers can substitute goods in the long run. In the short run, substitution of one commodity by another is not so easy.
=======================
No. 6
i - Large Number of Buyers and Sellers:
The first condition is that the number of buyers and sellers must be so large that none of them individually is in a position to influence the price and output of the industry as a whole. In the market the position of a purchaser or a seller is just like a drop of water in an ocean.
ii - Homogeneity of the Product:
Each firm should produce and sell a homogeneous product so that no buyer has any preference for the product of any individual seller over others. If goods will be homogeneous then price will also be uniform everywhere.
iii - Free Entry and Exit of Firms:
The firm should be free to enter or leave the firm. If there is hope of profit the firm will enter in business and if there is profitability of loss, the firm will leave the business.
iv - Perfect Knowledge of the Market:
Buyers and sellers must possess complete knowledge about the prices at which goods are being bought and sold and of the prices at which others are prepared to buy and sell. This will help in having uniformity in prices.
v - Perfect Mobility of the Factors of Production and Goods:
There should be perfect mobility of goods and factors between industries. Goods should be free to move to those places where they can fetch the highest price.
=======================
10ai) International monetary funds is an international organization created for the purpose of standardizing global financial relations and exchange rates. The IMF generally monitors the global economy, and its core goal is to economically strengthen its member countries.
10aii)The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to developing countries.
10b)
I. To promote international monetary cooperation through a permanent institution which provides the machinery for consolation and collaboration on international monetary problems.
II. To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objective of economic policy.
III. To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.
IV. To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.
V. To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with the opportunity to correct maladjustments in their balance of payments, without resorting to measures destructive of national or international prosperity.
=======================
12a) Brain drain can be describe as the process in which a country loses its most educated and talented workers to other countries through migration
12b)
I) Provide adequate research facilities.
ii) Provide attractive salaries to highly qualified people on the basis of their qualifications and experience
iii) Provide better job opportunities irrespective of caste, race or nationality.
iv) Promote people on merit alone.
DIRECT MOBILE SMS
===> N800 MTN CARD
ONLINE PASSWORD
===> N500 MTN CARD
WHATSAPP MESSAGE
===> N500 MTN CARD
– SEND YOUR MTN CARD, PHONE NUMBER, SUBJECT, EXAM TYPE (WAEC/NECO/NABTEB/WAEC GCE/UTME) TO 09030866320
-SUBSCRIPTION ENDS 1HOUR B4 EXAM STARTS.
PLEASE NOTE
– MTN recharge cards is best for our runz
HOW FAST DO CEEWAP DELIVERS THERE ANSWERS TO CANDIDATES??
Our source has never failed us but latest 4hours before the commencement of the examination
HOW SURE AM I THAT CEEWAP ISN'T A SCAM ? DO YOU RUNS FOR WAEC, WAEC GCE AND NECO EXPO 2017
Yes of course, we do better when you subscribe with us because A’s, B’s and C’s are guaranteed
>Verified 2017/2018 neco gce expo/Runz English language questions & Answers Now Available here
> 2017/2018 free neco gce Biology questions & Answers expo/runs Now Available here
> 2017/2018 free neco gce Literature questions & Answers expo Now Available here
> 2017/2018 free neco gce Chemistry questions & Answers Now Available here (Expo/Runz)
> 2017/2018 free neco gce CRS questions & Answers Expo Now Available here
> 2017/2018 neco gce IRS questions & Answers Now Available here
> 2017/2018 Sure neco GCE government eXpo/Runz
> 2017/2018 neco gce Commerce questions & Answers Now Available here
> 2017/2018 neco gce Agric science questions & Answers Now Available here
> 2017/2018 neco gce Physics practical specimens, questions and solutions Now Available here
> 2017/2018 neco gce Biology practical specimens, questions and solutions Now Available here
> 2017/2018 neco gce Agric practical specimens, expo/runz/runs questions and solutions Now Available here
CONFIRMED NECO GCE EXPO 2017 (SUBJECTS ANSWERS & RUNZ)
Free Neco GCE 2017/2018 Economics Obj and Theory/Essay Expo Questions and Answers Free Neco GCE 2017/2018 Economics Expo Answers November/December Neco GCE 2017 Economics Objective And Theory Question and Answer Now Available Here Neco gce Economics expo Neco gce Economics answer 2017 Gce Economics expo Neco gce Economics answer Neco gce Economics obj expo gce Economics expo 2017 Neco gce Economics obj answer Gce Economics 2017 Receive Neco Gce Economics Expo 2017 answers on whatsapp Searches:Neco GCE 2017 Economics OBJ AND ESSAY / THEORY expo answers 2017/2018 Economics OBJ AND ESSAY / THEORY Expo answers. Neco GCE Economics Answers for 2017 Economics Answers Neco GCE FREE Expo Answers Free Economics correct Expo 2017 answers Runz Neco GCE 2017/2018 Free Economics Questions and Answers Expo Neco GCE runs Gce 2017 FREE Economics Questions and Answers Expo Now Posted Neco GCE Ssce Free 2017 Economics Theory & Obj Questions and answers have been posted 2017 Neco GCE Economics OBJ AND ESSAY / THEORY Paper 1 and Paper 2 OBJ AND THEORY ANSWERS NOW AVAILABLE. Neco GCE 2017 verified Economics OBJ AND ESSAY / THEORY OBJ/THEORY/Questions and Answers Here (Economics OBJ AND ESSAY / THEORY OBJ AND THEORY) Neco GCE Economics OBJ AND ESSAY / THEORY expo,Neco GCE 2017/2018 Economics OBJ AND ESSAY / THEORY answers, free Economics OBJ AND ESSAY / THEORY ans for Neco GCE , see Neco GCE expo Economics OBJ AND ESSAY / THEORY questions for free, correct Neco GCE Economics ans, sure Gce Economics answers runz runs expo free real and correct Neco GCE ssce 2017 Neco GCE Economics free expo runz runs ans answers online for free see free answers online, 2017 VERIFIED Neco GCE Free Gce Economics Obj and theory Answers have been posted Neco GCE 2017 Economics OBJ AND ESSAY / THEORY 2017 Neco GCE EXAMINATION EXPO/ANSWER RUNZ RUNS OBJECTIVES and ESSAY. REAL 2017 Neco GCE EXPO Economics OBJ AND ESSAY / THEORY QUESTIONS & ANSWERS Direct To Phone Number AS Text message, RE: 2017 Neco GCE SSCE Economics OBJ AND ESSAY / THEORY (Expo) Neco GCE 2017 certified Neco GCE Economics OBJ AND ESSAY / THEORY questions and answers Neco GCE SSCE NOV/DEC 2017 Neco GCE Economics OBJ AND ESSAY / THEORY THEORY / OBJ QUESTION AND EXPO I need Neco GCE free expo site, how can I get the answer for free, Neco GCE 2017 Economics OBJ AND ESSAY / THEORY Objective And Theory Question and Answer Now Posted. 2017/2018 Neco GCE RUNS Neco GCE EXPO 2017 Neco GCE RUNS ultural science Economics Expo runs 2017 answers questions essay obj theory objective, Neco GCE 2017 Economics Expo, Free Neco GCE Economics Expo Answers question and answer., Neco GCE Economics answers obj and theory answers, Neco GCE 2017 Economics real answers Expo Runz, 2017/2018 nov/dec Economics Obj and Theory expo runs 2017, free Neco GCE Economics answer, Neco GCE , FREE Neco GCE EXPO, 2017 Neco GCE Economics ANSWERS/EXPO,Neco GCE Economics expo, Neco GCE ,Neco GCE Economics & ESSAY runz/expo, 2017 Neco GCE Neco GCE Economics & ESSAY expo now available,2017 Neco GCE Neco GCE Economics obj and theory answer…,Correct Real Neco GCE 2017,Neco GCE Economics OBJECTIVES & ESSAY,Objective CORRECT: 2017/2017 Neco GCE Neco GCE Economics Neco GCE OBJ Essay Questions,And Answer Expo/Runs.,2017/2017 Neco GCE Neco GCE Economics Objective,and Essay EXPO/QUESTIONS/ ANSWERS FREE.,Neco GCE 2017 Obj and Essay Answers – Nov/Dec Expo GCE 2017 Economics Essay and Obj QUESTION AND ANSWERS NOW AVAILABLE, Economics obj and theory Neco GCE 2017 free expo answers - Wapbaze, Neco GCE Economics Questions & Answer 2017/2018 | Economics Expo ..., Neco GCE Economics 2017 Questions & Answers Objectives Theory & Essay , 042tvseries, 2017 Neco GCE Economics questions & Answers Now Available here - Latest ..., Neco GCE Expo 2017 | (All Subjects) Mathematics, English, Biology ..., Neco GCE 2017 mathematics/Economics theory and obj answers/questions/expo/runs, 2017 Neco GCE GENERAL MATHEMATICS/CORE Economics EXPO ..., 2017/2018 Neco GCE Economics / Economics { QUESTIONS AND ANSWERS }, 100% Neco GCE Economics obj & essay answers available here - Expoloaded, Economics Economics obj and essay Neco GCE 2017 free expo answers | Neco GCE gce, FREE Neco GCE Economics Economics EXPO 2017(OBj,THEORY), Neco GCE 2017(Economics ) Answers Expo (Obj And Theory
0 Comments
After dropping your comment, keep calm, it may take minutes before it appears after moderation.
Your comment(s) are appreciated.
You want to get notified when we reply your comment? Kindly tick the Notify Me box..