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Economics 2005 NECO Past Questions

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41
Stock exchange market deals with
  • A. exchange of commodities
  • B. exchange of stock fish for stock
  • C. exchange of treasury bills
  • D. sales of foreign exchange
  • E. sales of second hand securities
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42
Which of the following will NOT bring about an increase in Labour force?
  • A. Better medical services
  • B. Decrease in death rate
  • C. Emigration
  • D. Immigration
  • E. Increase in birth rate
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43
Range is NOT the best method of measuring dispersion because it considers only the
  • A. first number
  • B. first two numbers
  • C. frequently occurred number
  • D. middle number
  • E. two extreme number
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44

The system of farming which involves the use of a large hectare of land planted with economic crops is known as

  • A. cooperative farming
  • B. mechanized farming
  • C. peasant farming
  • D. plantation farming
  • E. tree planting
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45
Which of the following is NOT a positive contribution a petroleum to Nigeria economy?
  • A. Development of bat infrastructures
  • B. Increase in National income
  • C. Major employer of labour
  • D. Major foreign exchange earned
  • E. Turning the nation to mono-product economy
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