logo




JAMB

WAEC

NECO

NABTEB

Contact


Click Here To Join Our Whatsapp Group

2019/2020 ADMISSION RUNS PROCESS - CLICK HERE
WAEC GCE 2019 LIVE QUESTION AND ANSWER EXPO - CLICK HERE

WAEC GCE TIMETABLE LIVE QUESTION AND ANSWER EXPO - CLICK HERE

WITH LEGITANSWER YOUR SUCCESS IS 100% SURE, WE ARE READY FOR 2020 JAMB CBT RUNS

Quick Contact
WHATSAP/SMS ONLY 09061831432


S/LEONE WASSCE PAGE

GHANA WASSCE PAGE

ANSWER PAGE


CONFIRMATION PAGE



« | »

NECO 2019 ECONOMICS OBJ AND THEORY VERIFIED QUESTIONS AND ANSWER

 

 

ECONOMIC-OBJ!
1EDCCAEEEAA
11CAEDDACEEB
21ABCEEAEEBA
31CECEABDABA
41CBCDCCECBA
51CAEDCCACDB
Completed

(2)
CLICK HERE FOR THE IMAGE
=============

(1i)
Tabulate
Under Age group;
0 – 17
18 – 35
36 – 60
61 and above

Under population;
15,000
11,000
25,000
9,000
Total 60,000

Under sectoral angles
15000/60000*360°=90°
11000/60000*360°=66°
25000/60000*360°=150°
9000/60000*360°=54°

Draw the chart:

CLICK HERE FOR THE IMAGE

18-35years
0-17years
36-60years
61and above Years

(1ii)
Dependency ratio
=(0-17years) + (61and above Years)/(18-35)+(36-60)

=15000+9000/11000+25000
=24000/36000
=2/3 or 2;3

(1iii)
Since the ratio is high its going to lead to
(i)pressure to raise retirement age
(ii)higher government spending
(iii)lower tax revenue
(iv)reduction in productivity growth

(1iv)
% labour force = 11000+25000/60000 * 100%
=60%

(1)
CLICK HERE FOR THE IMAGE
===========================

(7i)

Mortgage banks are financial institutions that extend collateralized credit to consumers and commercial customers while commercial bank is a type of bank that provides services such as accepting deposits, making business loans, and offering basic investment products that is operated as a business for profit.

(7ii)

(i)Accepting Deposits; Commercial banks accept deposits from people, businesses, and other entities.

(ii)Lending of Funds; Another important activity is lending funds to customers in the form of loans and advances, cash credit, overdraft and discounting of bills , etc.

(iii)Financing Foreign Trade: A commercial bank helps in foreign trade by financing his customers and by accepting foreign bills of exchange.

(iv)Agency Service: A bank discharges agency services on behalf of its customers.

=====================================

(5a)

Public enterprise is a business organizations established, owned, manages and financed with tax payers money by government of a country with the main motive of not making profit but to provide essential services to members of the public. Public Enterprises are owned by government.

(5b)

(i)Government Interference: This results in square pegs being put in round holes as general managers and members of board of directors are appointed on political basis. An adage has it that he who pays the Piper dictated the tune.

(ii) Huge capital is needed: This goes further in making their establishment more difficult.

(iii) Delay in policy and decision formulation: This is because their decisions and policies are taken and made by members of the board of directors, subject to government ratification.

(iv)Bureaucracy: There are lots of complicated systems of administrations and a lot of red-tapism in them

=====================================

(4a)
Division of labour is defined as the breaking down of a production process into a number of separate operations ,whereby each operation is undertaken or performed by one person or a group of persons

(4b)
-Merit-
(i)increase in production :division of labour and specialisation lead to increase in production because the various experts along the production process work together to boost greater production.

(4b)
-Merit-
(i)increase in production :division of labour and specialisation lead to increase in production because the various experts along the production process work together to boost greater production.

(ii)Time saving:Division of labour helps to save time that would have been wasted in moving from one operation to another.

(iii)development of greater skill:Division of labour enables each workers to develop greater skills through repetition of the same process

-Demerits-
(i)Monotony and repetition:In division of labour,a worker perform the same job on daily basis,the job therefore becomes monotonous and boring to him and this may lead to Loss of interest in the job being done

(ii)Decline in craftsmanship:As a result of the use of machines in division box labour ,people no longer makes use of their skills in the production of goods,rather,they become machine minders.
=====================================

(9i)
Public revenue is the total income accrues to all levels of administration (local, state and federal) or government from various sources. It includes all the capital revenue (receipts) and recurrent revenue.

(9ii)
(i) Taxes
(ii) Commercial Revenue or Prices.
(iii) Fees.
(iv) License Fee.
(v) Special Assessment.

(i) Taxes: It is one of the most important sources of public revenue. Taxes are compulsory payments to Government without exec of direct return or benefit to the tax payer”. It is a compulsory contribution of a citizen for the service of the Government towards public expenditure.

(ii) Commercial Revenue or Prices. The price is the payment of goods and services sold to them by the government. For example, fares and freights charged by the railways or roadways for transport services or electricity charged paid by citizens for electricity consumption etc.

(iii) Fees. Fee is the payment made by citizen for non-economic services rendered by the
Government . It refers to a payment for special benefits received by a fee-payer. Fee is a payment for services rendered for the benefit of the whole society.

(iv)License Fee. A license fee is paid in such cases where the Government authority confer a permission or a privilege rather than to perform a service of a more tangible and definite sort. Registration fee is one of the examples of this kind of revenue.

(v) Special Assessment. Where the Government provides certain services to the residents of a particular locality by which the value of the properties of residents increases, the Government or the authority may impose a special type of levy based upon the increase in the value of properties, on the residents of that very locality which is known as special assessment or better merit levy.
=====================================

(3a)
Scale of preference can be defined as a list of unsatisfied wants of an individual,firm or government,arranged inorder of priority ,starting from the most important to the least important.

(3b)
(i)Ranking of needs:Scale of preference helps us to rank our needs or wants in order of their relative importance

(ii)Identification of highest priority: Scale of preference assists individuals to identity quickly the most important needs among others

(iii)Rational choice: Scale of preference assists individuals, firms and governments to make rational choices in the list of wants

(iv)Efficient utilisation of limited resources: Scale of preference also helps individuals to make efficient utilisation of available resources
===============

NECO 2019 ECONOMICS  VERIFIED QUESTIONS AND ANSWER

How To Subscribe:

Daily Payment: Per Subject is #400 Mtn-card , You Pay A Day Before the Exam and get the Answer Online with a password sent to your phone

Whatsapp Daily Payment: Per subject is #500 Mtn-card, To make this payment chat us on whatsapp and send your payment details with your Mtn card for Whatsapp Daily Answer 08135500429

TO PAY:

SEND:

Your Number

Subjects

Mtn-Card To 08135500429

Tags:

Categories: Neco

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