by Sunday | May 2 | Economics NECO
A. consumer’s income B. effective demand C. effective supply D. equilibrium price E. general price level Correct Answer: Option E – general price level
by Sunday | May 2 | Economics NECO
The mean of the following scores 30, 32, 34, 36, 38, 40 and 42 is 36. A. 341 B. 342 C. 343 D. 344 E. 345 Correct Answer: Option C – 343
by Sunday | May 2 | Economics NECO
A. average fixed cost plus average variable cost B. change in total cost divided by change in output C. total fixed cost divided by total output D. total fixed cost plus total variable cost E. total variable cost divided by total output Correct Answer: Option B...
by Sunday | May 2 | Economics NECO
A. Enables easy location of required figures B. Helps to calculate derived quantities C. Makes for easy comparison of figures D. Occupies more space than mathematical equation E. Shows whether the figures are increasing or decreasing Correct Answer: Option D –...
by Sunday | May 2 | Economics NECO
A. a rapid and sustained rise in real output per head B. A rise in real income per head C. an increase in technology only D. insufficiency in food production E. over population in a country Correct Answer: Option B – insufficiency in food...
by Sunday | May 2 | Economics NECO
A. cultural differences B. currency C. land D. language E. laws Correct Answer: Option C – land
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