[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. NECO 2003

Economics 2003 NECO Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
6
Which of the following is a characteristic of private enterprises?
  • A. business risks are borne by the buyers
  • B. capital is provided by the public
  • C. control and management of the business is in the hands of customer
  • D. the business is owned and run by government
  • E. The main aim of setting up the business is to maximize profit
View Answer & Discuss (5) NECO 2003
7
Averages cost (AC) equal to
  • A. ACTC
  • B. TCAC
  • C. TCAVC
  • D. TCMC
  • E. TCQ
View Answer & Discuss (3) NECO 2003
8
An economy is described as spend-rift if it
  • A. does not concern itself with savings and investment
  • B. has a great ability to generate foreign exchange from investment
  • C. has greater opportunity to receive large income from investment
  • D. invests in income generating industries
  • E. has trade connection with other countries
View Answer & Discuss NECO 2003
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
9
Data presented in a circular chart is known as
  • A. circular chart
  • B. component chart
  • C. histogram
  • D. pictograph
  • E. pie chart
View Answer & Discuss NECO 2003
10
Which of the following is NOT a component of agriculture?
  • A. crop farming
  • B. drilling
  • C. fishing
  • D. forestry
  • E. livestock farming
View Answer & Discuss (3) NECO 2003
Start a Free Practice Test
 
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now