Neco Economics Past Questions and Answers

Question 161:

• NECO 2005

If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money is ____________

A. Constant
B. Decreasing
C. Fluctuating
D. Increasing
E. Proportional

Question 162:

• NECO 2005

The following are the objectives of agricultural policies in Nigeria EXCEPT

A. Provision of food
B. Provision of agricultural raw materials to industrial sectors
C. Increasing prices of agricultural Inputs
D. Creation of rural employment

Question 163:

• NECO 2005

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

Question 164:

• 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 165:

• 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