logo




HOME

WAEC

NECO

NABTEB

Contact


WAEC 2020 REAL C.R.S / I.R.S QUESTION AND ANSWER EXPO READY - CLICK HERE
WAEC 2020 REAL LIVE CHEMISTRY OBJ & THEORY ANSWERS AVAILABLE NOW - CLICK HERE

WAEC 2020 REAL LIVE TIMETABLE AVAILABLE NOW - CLICK HERE

BE OUR JAMB CBT AGENT AND MAKE MONEY FROM IT CLICK HERE

Quick Contact
WHATSAP/SMS ONLY 08119011369


S/LEONE WASSCE PAGE

GHANA WASSCE PAGE

ANSWER PAGE


CONFIRMATION PAGE



« | »

2020 WAEC ECONOMICS OBJ AND ESSAY QUESTIONS/ANSWERS VERIFIED EXPO

 

Economics Objective

1CBABCBCBCB
11BCDAAAABAC
21DBDAACDABA
31BABDCCBADB
41DDDABDBBCA

(1a)
X -80=-9.8
X= 80-9.8
X=70.2
80-70=Y
Y=10
Z=50/2
Z=25
(1b)
(i) Increasing returns ( level 0 to 2)
(ii) Decreasing reruns ( level 3 to level 6)
(iii) Negative returns (level 6)
(1c)
The law of diminishing returns states that F increasing quantities of one factor are combined with fixed supply of other’s in production,a point is reached from which each extra variable factor added yields loss and less addition to the total output
(1d)
(i)
Diagram
(ii)
– The total product at any given level of labour input is equal to the sum of all the marginal product up to that level
– The MP is zero at the point where TP is maximum
=====================================
(4ai)
Capital expenditure is primarily expenditure on the creation of fixed assets and on the acquisition of land, buildings and intangible assets. While Recurrent expenditure refers mainly to expenditure on
operations, wages and salaries, purchases of goods and
services, and current grants and subsidies.
(4aii)
Monetary policy refers to government activities that are directed toward influencing the quantity of money and credit in an economy. While Fiscal policy involves the use of government spending and revenue raising (taxation) to impact a number of aspects of the economy
(4b)
(i)General Administrative Purposes The administrative machinery of a country may collapse if there is
no money to maintain it; tax therefore forms one of the sources of
such money.
(ii)Defence Purposes
Taxation contributes part of the money used in maintaining a country’s armed forces.
(iii)The Maintenance of Law and Order For internal peace and stability of a country to be guaranteed, laws
must be made and executed, which require money.
(iv)Redistribution of Incomes To achieve this, income tax is made to be progressive in nature.
=====================================
(8a)
(i)Commercial farming is mainly practised in developed countries whereas subsistence farming in less developed or developing countries.
(ii) Commercial farming is cultivated for profits whereas subsistence farming is for the consumption of the farmer and his/her family.
(iii) Commercial farms are very large while that of the subsistence farming are quite small.
(iv) Commercial farming is not dependent much on man power or animal power whereas subsistence farming is dependent.
(v) In commercial farming, there are proper irrigation facilities whereas subsistence farming is generally dependent upon the monsoon.
(8b)
(i) It is usually grown in a piece of land where the land is quite small in the area.
(ii) This type of farming is usually done for the food crop where the farming is done just to satisfy the requirement of the farmers family and not for the purpose of selling it into the market.
(iii) The machineries which are used for the farming process usually primitive.
(iv) Primitive form of irrigation or little irrigation is done for this type of farming.
(8c)
-Positive effects-
(i)It serves as source of revenue for the government
(ii)It creates job opportunities for people in the area.
-Negative effects-
(i)It causes loss of valuable lands
(ii)It causes environmental pollution and pose health hazards
=====================================
(3a)
Consumer goods are products bought for consumption by the average consumer. Alternatively called final goods, consumer goods are the end result of production and manufacturing and are what a consumer will see stocked on the store shelf.
(3bi)
fixed capital is conventionally defined as the stock of tangible, durable fixed assets owned or used by resident enterprises for more than one year.
-Example-
(i)plant
(ii)machinery
(iii)vehicles and equipment
(3bii)
Social capital it basically comprises the value of social relationships and networks that complement the economic capital for economic growth of an organization
-Examples-
(i)when someone opens a door for someone
(ii)returns a lost item to a stranger
(iii)gives someone directions or loans
(3biii)
Circulating capital is money being used for core operations of a company.
-Example-
(i)operating expenses
(ii)inventory in process
(iii)Raw material
(3c)
(i)The level of the real interest rate and the level of per capita GDP.
(ii)The proportion of labor remuneration in national income and Fiscal policy.
(iii)The distribution of income and high effect of taxation.
=====================================
(6a)
Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. … Money can be: market-determined, officially issued legal tender or fiat moneys, money substitutes and fiduciary media, and electronic cryptocurrencies.
(6bi)
value of money, then, is the quantity of goods in general that will be exchanged for one unit of money. The value of money is its purchasing power, i.e., the quantity of goods and services it can purchase.
(6bii)
demand for money is the desired holding of financial assets in the form of money. In othet words that is, cash or bank deposits rather than investments.
(6c)
(i)The price of the good or service.
(ii)The income of buyers.
(iii)The prices of related goods or services—either complementary and purchased along with a particular item, or substitutes and bought instead of a product.
(iv)The tastes or preferences of consumers will drive demand.
=====================================
Completed

NOTE: IF YOU WANT US TO HELP YOU SEND ANSWER FOR THIS EXAM YOU ARE WRITING, YOU MUST PAY NOT FREE

Whatsapp Answer: Get answer direct on your whatsapp is #500 MTN-CARD

Online Password Link: Get answer online with a password link is #400 MTN-CARD

How to subscribe:

Send:

Subject + Mtn-card + Phone number To 08119011369

Note: No Free Answers on This Page

Tags: , , , , ,

Categories: Waec

There is love in sharing

0 Responses

Leave a Reply

« | »




Jupeb, Jupeb 2019/2020 Chemistry ‹Questions, 2019 Chemistry Jupeb Questions, Jupeb 2019 Chemistry Questions, Jupeb 2019 Chemistry Answers, Jupeb 2019 Chemistry Runz, Jupeb 2019 Chemistry Expo, Jupeb 2019 Chemistry Expo/Runz, 2019 Jupeb Chemistry Obj Answers, 2019 Jupeb Chemistry Theory Questions, 2019 Jupeb Chemistry Obj And Theory Answers, 2019 Jupeb Chemistry Questions, Gidifans Jupeb 2019 Chemistry Answers, Examloaded Jupeb 2019 Chemistry Answers, Real Jupeb 2019 Chemistry Answers, Expoloaded Jupeb 2019 Chemistry Answers, Verified Jupeb 2019 Chemistry Questions, Free Jupeb 2019 Chemistry Answers., Jupeb, Jupeb 2019/2020 Chemistry ​Questions, 2019 Chemistry Jupeb Questions, Jupeb 2019 Chemistry Questions, Jupeb 2019 Chemistry Answers, Jupeb 2019 Chemistry Runz, Jupeb 2019 Chemistry Expo, Jupeb 2019 Chemistry Expo/Runz, 2019 Jupeb Chemistry Obj Answers, 2019 Jupeb Chemistry Theory Questions, 2019 Jupeb Chemistry Obj And Theory Answers, 2019 Jupeb Chemistry Questions, Gidifans Jupeb 2019 Chemistry Answers, Examloaded Jupeb 2019 Chemistry Answers, Real Jupeb 2019 Chemistry Answers, Expoloaded Jupeb 2019 Chemistry Answers, Verified Jupeb 2019 Chemistry Questions, Free Jupeb 2019 Chemistry runs, 2019/2020 neco runz runs, neco 2019/2020 answer verified" 2019/2020 waec gce runz, waec runz, waec gce runz, runz for waec and neco, nabteb runz, 2019/2020 nabtbe runs help, 2020 jamb cbt runz, jamb cbt runs, cbt runz, cbt 2020 runz , waec time table 2020/2019, waec gce 2019/2020 gce time table runz, examorigin.com.ng, examgreat.net, examkey.net, 2019 NECO EXPO, 2019 NECO ANSWERS, NECO 2019 EXPO, 2019 NECO ANSWERS, FREE NECO EXPO, FREE EXPO ON NECO, NECO 2019 EXPO FOR FREE, FREE 2019 NECO ANSWERS, 2019 NECO QUESTIONS, 2019 NECO ANSWERS, 2019 NECO EXPO ANSWERS,2019 NECO ANSWERS, 2019 NECO RUNS, FREE 2019 NECO ANSWERS, 2019 NECO RUNS, 2019 NECO ANSWER, 2019 NECO EXPO, 2019 NECO QUESTIONS, 2019 NECO QUESTIONS, NECO EXPO ANSWERS,2019 NECO EXPO, NECO 2019 ANSWERS, NECO 2019 ANSWER, NECO 2019 ANSWERS, NECO 2019 RUNZ, NECO 2019 ANSWERS, NECO 2019 EXPO, NECO ANSWERS 2019. 2019 NECO QUESTION AND ANSWERS | 2019 NECO ANSWER | 2019 NECO QUESTION AND ANSWERS | 2019/2020 NECO EXPO WEBSITE | 2019/2020 NECO ANSWERS | NECO ANSWER 2019 | NECO QUESTIONS 2019 | 2019 NECO ANSWER FOR ALL SUBJECTS | CHOCKS CONFIRMED ANSWERS FOR BIOLOGY MATHS ENGLISH CHEMISTRY ACCOUNTING COMMERCE GEOGRAPHY FISHERY PHYSICS ECONOMICS HISTORY COMPUTER CIVIC EDUCATION PHYSICS PRACTICAL BIOLOGY PRACTICAL BIOLOGY PRACTICAL PHYSICS PRACTICAL GOVERNMENT HISTORY CIVIC EDUCATION LITERATURE ECONOMICS FOOD AND NUTRITION ANIMAL HUSBANDRY DATA PROCESSING OFFICE PRACTICE TOURISM MATHEMATICS AGRIC SCIENCE PRACTICAL GEOGRAPHY PRACTICAL PHYSICAL EDUCATION 2019 NECO SSCE EXPO | 2019 NECO Exam Runz, NECO 2019 Runs, NECO 2019 Expo Site, Exam Runs, NECO 2019/2020 Runs 100% Correct Expo, NECO 2019 100% Real Expo / Runz, Best NECO 2019 Expo Site 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS. 2019 NECO EXPO | 2019 NECO RUNZ |2019 NECO TIMETABLE |2019 NECO SPECIMENS | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTIONS 2019 NECO EXPO | 2019 NECO RUNZ | 2019/2020 NECO QUESTION AND ANSWER | 2019 NECO RUNS | 2019 NECO SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS AND ANSWERS 2019/2020 NECO Questions And Answers | 2019 May June Verified/Real Expo/Runz. NECO Assistance For Expo 2019/2020 Runz NECO RUNZ , Real NECO 2019 Expo site, Exam Runs, Free NECO Answers, Free , Free NECO Runs / Runz, NECO , NECO ,Trusted NECO , NECO 2019 Correct Expo, NECO ssce Runs, NECO Answers, NECO Exam Gce Assistance, NECO , Site, NECO Real Expo / Runz Download NECO SSCE QUESTIONS Below 2019 NECO RUNS RUNZ EXPO CHOCKS FOR 2019/19 SESSION NECO 2019/2020 Real Questions and Answers Expo Runz/Runs 2019 NECO Expo,2019/2020 NECO may/June ssce Real/Sure confirmed Questions/Answers/Expo/Runz 2019/2020 NECO Ssce Real/Confirmed Questions And Answers, Expo/Runz 2019/2020 NECO May/June Real Expo, Questions and Answers NECO 2019/2020 Questions/Answers /Expo 2019/2020 NECO Questions And Answers, Expo . 2019/2020 NECO Real/Confirmed Expo/Runz, Questions/Answers.Verified/sure 2019/2020 NECO Ssce may/June Question And Answers Expo/Runz. 2019/2020 NECO/Wassce Real Runz, Questions and Answers.2019/2020 NECO Expo, Questions and Answers. NECO 2019/2020 Questions and Answers Runz/Expo.2019/2020 NECO Ssce Expo. Verified 2019/2020 NECO subjects Questions/Answers, Expo/Runz. NECO 2019 Expo site, NECO Exam Runs, 2019 NECO Ssce Questions, 2019 NECO Answers, Verified , Trusted NECO , NECO 2019 Correct Expo, NECO RUNZ,NECO answers 2019 NECO answers for english NECO answers for mathematics 2019 NECO answers literature in english NECO answers for mathematics 2019 NECO answers 2019 NECO answers for biology 2019 NECO 2019 Answers,2019 NECO Expo,NECO 2019 Questions and Answers, Expo and Runs is finally out,Expo for NECO 2019 is Finally Out Today REAL NECO 2019 Questions and answers/EXPO Runz 2019 NECO 2019 Expo NECO Runs and Free Answers for 2019 Examination,Is NECO 2019 Free Expo Out,Is NECO 2019 Questions and Answers Released. NECO 2019/2020 Exam Expo – Runs – Chocks TAGS; NECO Exam Runz, NECO 2019 Runs, NECO 2019 Expo Site, Exam Runs, NECO 2019/2020 Runs 100% Correct Expo, NECO 2019 100% Real Expo / Runz, Best NECO 2019 Expo Site. 2019 NECO EXPO | 2019 NECO RUNZ | 2019 NECO EXPO | 2019 NECO EXPO/RUNS | 2019 NECO QUESTION AND ANSWERS, 2019 NECO Expo, 2019 NECO Runs, 2019 NECO Answers, 2019 NECO Questions NECO EXPO 2019: 2019 NECO EXAM EXPO RUNS | 2019 NECO EXPO ANSWERS/SITE 2019 WAEC EXPO, 2019 WAEC ANSWERS, WAEC 2019 EXPO, 2019 WAEC ANSWERS, FREE WAEC EXPO, FREE EXPO ON WAEC, WAEC 2019 EXPO FOR FREE, FREE 2019 WAEC ANSWERS, 2019 WAEC QUESTIONS, 2019 WAEC ANSWERS, 2019 WAEC EXPO ANSWERS,2019 WAEC ANSWERS, 2019 WAEC RUNS, FREE 2019 WAEC ANSWERS, 2019 WAEC RUNS, 2019 WAEC ANSWER, 2019 WAEC EXPO, 2019 WAEC QUESTIONS, 2019 WAEC QUESTIONS, WAEC EXPO ANSWERS,2019 WAEC EXPO, WAEC 2019 ANSWERS, WAEC 2019 ANSWER, WAEC 2019 ANSWERS, WAEC 2019 RUNZ, WAEC 2019 ANSWERS, WAEC 2019 EXPO, WAEC ANSWERS 2019. 2019 WAEC QUESTION AND ANSWERS | 2019 WAEC ANSWER | 2019 WAEC QUESTION AND ANSWERS | 2019/2020 WAEC EXPO WEBSITE | 2019/2020 WAEC ANSWERS | WAEC ANSWER 2019 | WAEC QUESTIONS 2019 | 2019 WAEC ANSWER FOR ALL SUBJECTS | CHOCKS CONFIRMED ANSWERS FOR BIOLOGY MATH ENGLISH CHEMISTRY ACCOUNTING COMMERCE GEOGRAPHY FISHERY PHYSICS ECONOMICS HISTORY COMPUTER CIVIC EDUCATION PHYSICAL EDUCATION 2019 WAEC SSCE EXPO | 2019 Waec Exam Runz, Waec 2019 Runs, Waec 2019 Expo Site, Exam Runs, Waec 2019/2020 Runs 100% Correct Expo, Waec 2019 100% Real Expo / Runz, Best Waec 2019 Expo Site 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS. 2019 WAEC EXPO | 2019 WAEC RUNZ |2019 WAEC TIMETABLE |2019 WAEC SPECIMENS | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTIONS 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019/2020 WAEC QUESTION AND ANSWER | 2019 WAEC RUNS | 2019 WAEC SSCE EXPO ALL SUBJECTS QUESTION AND ANSWERS AND ANSWERS 2019/2020 Waec Questions And Answers | 2019 May June Verified/Real Expo/Runz. WAEC Assistance For Expo 2019/2020 Runz WAEC RUNZ , Real WAEC 2019 Expo site, Exam Runs, Free WAEC Answers, Free , Free WAEC Runs / Runz, Waec , Waec ,Trusted WAEC , WAEC 2019 Correct Expo, WAEC ssce Runs, WAEC Answers, WAEC Exam Gce Assistance, WAEC , Site, WAEC Real Expo / Runz Download WAEC SSCE QUESTIONS Below 2019 WAEC RUNS RUNZ EXPO CHOCKS FOR 2019/19 SESSION Waec 2019/2020 Real Questions and Answers Expo Runz/Runs 2019 Waec Expo,2019/2020 Waec may/June ssce Real/Sure confirmed Questions/Answers/Expo/Runz 2019/2020 Waec Ssce Real/Confirmed Questions And Answers, Expo/Runz 2019/2020 Waec May/June Real Expo, Questions and Answers Waec 2019/2020 Questions/Answers /Expo 2019/2020 Waec Questions And Answers, Expo . 2019/2020 Waec Real/Confirmed Expo/Runz, Questions/Answers.Verified/sure 2019/2020 Waec Ssce may/June Question And Answers Expo/Runz. 2019/2020 Waec/Wassce Real Runz, Questions and Answers.2019/2020 Waec Expo, Questions and Answers. Waec 2019/2020 Questions and Answers Runz/Expo.2019/2020 Waec Ssce Expo. Verified 2019/2020 Waec subjects Questions/Answers, Expo/Runz. Waec 2019 Expo site, Waec Exam Runs, 2019 Waec Ssce Questions, 2019 WAEC Answers, Verified , Trusted WAEC , WAEC 2019 Correct Expo, WAEC RUNZ,waec answers 2019 waec answers for english waec answers for mathematics 2019 waec answers literature in english waec answers for mathematics 2019 waec answers 2019 waec answers for biology 2019 waec 2019 Answers,2019 waec Expo,waec 2019 Questions and Answers, Expo and Runs is finally out,Expo for waec 2019 is Finally Out Today! REAL WAEC 2019 Questions and answers/EXPO Runz 2019 Waec 2019 Expo waec Runs and Free Answers for 2019 Examination,Is waec 2019 Free Expo Out,Is waec 2019 Questions and Answers Released. Waec 2019/2020 Exam Expo – Runs – Chocks TAGS; Waec Exam Runz, Waec 2019 Runs, Waec 2019 Expo Site, Exam Runs, Waec 2019/2020 Runs 100% Correct Expo, Waec 2019 100% Real Expo / Runz, Best Waec 2019 Expo Site. 2019 WAEC EXPO | 2019 WAEC RUNZ | 2019 WAEC EXPO | 2019 WAEC EXPO/RUNS | 2019 WAEC QUESTION AND ANSWERS, 2019 WAEC Expo, 2019 WAEC Runs, 2019 WAEC Answers, 2019 WAEC Questions WAEC EXPO 2019: 2019 WAEC EXAM EXPO RUNS | 2019 WAEC EXPO ANSWERS/SITE
error: Content is protected !!