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Economics 2009 NECO Past Questions

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36
Data presented in tables are usually arranged in ………… and …………
  • A. charts, tables
  • B. , graphs, rows
  • C. pictograms, columns
  • D. rows, columns
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37
The additional satisfaction derived from the consumption of one more unit of a good is called
  • A. marginal cost
  • B. marginal product
  • C. marginal revenue
  • D. marginal utility
  • E. total Utility
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38
When the demand for foreign exchange exceeds its supply, the value of the domestic currency
  • A. appreciates
  • B. depreciates
  • C. expands
  • D. Increases
  • E. inflates
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39
Time deposit is the same thing as
  • A. bank rate
  • B. current account
  • C. demand deposited
  • D. fixed deposit
  • E. saving account
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40
The International Monetary Fund (IMF) was set up mainly to
  • A. cater for financial needs of developed countries
  • B. create conditions favourable for the growth of world trade
  • C. create favourable balance of payment
  • D. develop domestic trade
  • E. offset foreign debts only
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