Economics 2005 Neco Past Questions and Answers

Question 31 :

• NECO 2005

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

Question 32 :

• NECO 2005

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

Question 33 :

• NECO 2005

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

Question 34 :

• NECO 2005

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

Question 35 :

• NECO 2005

Which of the following is NOT a major role of OPEC in production, and marketing of petroleum?

A. Coordinating and unifying petroleum policies of member countries
B. Ensuring efficient and regular supply of oil to the two market
C. Raising the revenue of member countries from oil through price increase
D. Refining of petroleum products in member countries
E. Stabilizing oil prices putting a production ceiling