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Economics 2002 NECO Past Questions

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11
The main disadvantages of deflationary policies is
  • A. full employment in the country
  • B. increasing cost of living
  • C. improved standard of living
  • D. unemployment in the country
  • E. under employment in the country
View Answer & Discuss (2) NECO 2002
12
The bank established to finances project aimed at promoting economic and social development within the African continent is
  • A. African bank for commerce and industry
  • B. African development bank
  • C. economic bank for African
  • D. recovery fund bank for Africa
  • E. Africa currency board bank
View Answer & Discuss NECO 2002
13
The comparison of the standard of living between Nigeria and Ghana is best down through the use of
  • A. gross domestic product
  • B. gross National incomes
  • C. Net disposable income
  • D. Net National income
  • E. per capita income
View Answer & Discuss NECO 2002
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14
What is the median term in the distribution below ;14, 13 29 ,15 ,13,17 ,12,
  • A. 12
  • B. 13
  • C. 14
  • D. 15
  • E. 29
View Answer & Discuss (1) NECO 2002
15
The middle value of an array figure arranged in descending order is referred to as the
  • A. equation
  • B. mean
  • C. Median
  • D. mode
  • E. Variance
View Answer & Discuss NECO 2002
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