Neco Economics Past Questions and Answers

Question 196:

• NECO 2007

The following are bye-products of crude oil EXCEPT

A. Bitumen
B. Kerosene
C. Paraffin wax
D. Perfume
E. Petrol

Question 197:

• NECO 2007

The following are types of monopolies EXCEPT

A. Cartels
B. Holding companies
C. Syndicates
D. Thrifts
E. Trusts

Question 198:

• NECO 2007

Standard deviation can be determined by the square root of the ____________

A. Mean
B. Mean deviation
C. Mode
D. Variance
E. Variance divided by the mean

Question 199:

• NECO 2007

Which of the following goods are NOT examples of joint supply?

A. Beef and hides
B. Fuel and kerosene
C. Palm oil and kernel
D. Tea and coffee
E. Wool and Mutton

Question 200:

• NECO 2007

The following countries are members of ECOWAS EXCEPT

A. Angola
B. Ghana
C. Ivory coast
D. Liberia
E. Niger Republic