+234 810-8515-604examplaza@gmail.com
Notice Our 2020 WAEC Runs & NECO Expo Subscription for answers supply ends soon.

CHOOSE WHAT YOU NEED FROM US?



WAEC EXPO DATA PROCESSING 2021

2020/2021 WAEC/NECO Answers: 2020 Waec Gce Economics Answer

Refresh in every 5 minutes  starting from 1hour to the exam

This is actually the 2019 Waec Gce Economics AnswerAnswers as questions sent to our subscribers on WHATSAPP, if you are looking for 2020 WAEC/NECO Answers midnight before the exam, try contacting us.

Section A:-

(2ai)
Working population
19 - 40 + 41 - 60
Total population = 200,000
35/100×200,000/1 +
25/100×200,000/1
70,000 + 50,000
= 120,000

(2aii)
Dependent population
0 - 18 + 61 and above
30/100×200000/1 + 10/100×200000/1
60,000 + 10,000
=70,000

(2b)
2/100*60,000/1
Increased by 1200

0.5/100*10,000/1
=50 died.

The natural increase in the population is birth rate

(2c)
The age distribution is of optimum population because the working age is greater than dependent age.

SECTION B

3a)
Professor Robin's defined  economics as : "Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses."

3b)
i) opportunity cost:
Opportunity cost is an economics term that refers to the value of what you have to give up in order to choose something else

ii) scale of preference:
A preference scale in economics is a basic tool that determines the demand of certain products. This scale revolves around the basic needs of humans for a specified product.

iii) production possibility curve:
A production possibility curve measures the maximum output of two goods using a fixed amount of input.

3c)
(i) Allocation of resources:- the study of economics enables the government to allocate scarce resources to various sector of the economy
(ii) Development of programmed:- it also enable the government to develop certain programmes that are beneficial to the people
(iii) Production:- the study of economics assist us to determine what to produce, when to preduce, factors of production and how to produce goods and services required to satisfy human wants

========================

(4a)

The labour force consists of all the people who are able to work in a country or area, or all the people who work for a particular company

(4bi)

Occupational Mobility Of Labour: This refers to the ability of workers to switch career fields in order to find gainful employment or meet labor needs. For example, footballer to university lecturer

(4bii)

Geographical mobility of labour: This is the ability of labour to move around an area, region or country in order to work. Geographical mobility is affected by things such as family ties, transport networks, transferable qualifications and common language.  For example, moving from Enugu to Lagos to find work.

(4c)

(i) Population: As expected, population increases result in labor force increases. Both the strength of the influence and the magnitude are strong. A one percent increase in state population results in a 0.74 percent increase in labor force size.

(ii) Income: As state incomes grow, it attracts labor force entrants hoping to take advantage. However, a state’s cost of living is shown to have no influence on labor force size and is not statistically significant.

(iii) Educational Attainment: A more educated society has a larger labor force.

(iv)   Weather conditions: Where weather conditions are favourable, labour tends to be more efficient.

=====================

(5a)
Money is anything that is generally acceptable as a medium of exchange and in the settlement of debts.

(5b)
(i) Durability
(ii) Divisibility
(iii) Portability

(5c)
(i) Medium  of exchange: During inflation people are likely to lose confidence in money as a  means of payment for goods and services because of a fall in its  value
(ii) Store  of value: The function of money as a store of wealth is undermined during periods of inflation because the money saved loses value.
(iii)Standard  of deferred payment: During inflation money does not serve as an adequate standard of deferred  payment.
(iv) Unit  of account: During inflation, money is not a reliable unit of account.



How do I get 2020 Waec Gce Economics AnswerBEFORE THE EXAM?
. You can get 2020/2020 Exam answers directly from examplaza.com, visit HERE NOW

Frequently Asked Qestions and Answers

Does WAEC Repeat Past Questions? Click Here To See Answers ...

Do Waec repeat questions?

Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.

2020 WAEC GCE Registration Form | Instructions & Guidelines

How much is Waec 2019?

How to Apply for the 2019 WAEC GCE. Candidates arc expected to pay a registration fee of Thirteen Thousand, Nine Hundred and Fifty Naira (N13,950) only, at branches of any of the following banks or any accredited agent and obtain the Registration PIN and Information VCD: Access Bank Plc.
How to Apply for the 2019 WAEC GCE. Candidates arc expected to pay a registration fee of Thirteen Thousand, Nine Hundred and Fifty Naira (N13,950) only, at branches of any of the following banks or any accredited agent and obtain the Registration PIN and Information VCD: Access Bank Plc.

3 Ways to Cheat On a Math Test - wikiHow

How can I cheat on my math test?

To cheat on a math test, discreetly use your phone or sneak notes into the room. If you can subtly use your phone during your test, try texting a friend who's good at math to ask them for an answer you're stuck on.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

WAEC Grading System & Meaning | A, B, C, D, E & F Interpretations

Is e8 a pass mark in Waec?

B3 is B (Very Good), C4 is C (Good), C5 and C6 are (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).
B3 is B (Very Good), C4 is C (Good), C5 and C6 are (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).Mar 3, 2020

Original WAEC Certificate Collection: How To Go About It Easily

How do I get my original Waec certificate?

So, if yours is an internal examination, kindly go to your school for collection. For private candidates, you need to go to the nearest WAEC office and make inquiry. Just remember, if it's been more than a year since your certificate was released, you will have to pay a fee to collect your certificate.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

HOW TO PASS ANY TEST WITHOUT STUDYING - YouTube

How can I pass a test without studying?

0:193:44Suggested clip 119 secondsHOW TO PASS ANY TEST WITHOUT STUDYING - YouTubeYouTubeStart of suggested clipEnd of suggested clip

11 Ways To Study SMART & Study EFFECTIVELY - Do More in ...

How can I study smart?

Can One Use NABTEB Result To Gain Admission Abroad? See ...

Can I use Nabteb to study abroad?

See Answer. Can i Use my NABTEB Result to study at any University or Institution Abroad? ... The Results offered after participating in NABTEB Examination is called NABTEB RESULT and it can be used to gain admission into Universities, Polytechnics or Colleges of Education.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Universities Accepting WAEC, NECO, NABTEB and GCE, How to ...

Can I use Neco to enter university?

Yes, you can use NECO (be it NECO June/July or Nov/Dec) to gain admission into any university of your choice. Generally, all higher institutions accept NECO just like WAEC, GCE and NABTEB. You can as well combine your NECO with another NECO or any other exams type to gain admission.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Proctor U Tries to Take Cheating Out of the Testing Process - Over ...

Is it possible to cheat on ProctorU?

?The reality of the situation is ? with Proctor U or traditional testing ? nothing is cheat-proof. ?A well-working testing program is one that admits that you're going to have vulnerabilities that are going to pop up from things you had not even thought of.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Courses You Can Study Without Economics | Fatherprada

Can I gain admission with d7 in economics?

Though Economics is a subject that cut across all departments in secondary, Economics is a core subject for commercial students. You can't escape Economics. Many schools may accept D7 or E8 in Mathematics and English for some courses but for Economics, you must have credit?

Reasons Why NECO Result is Accepted for Study in Canada ...

Is Neco accepted in Canada?

Obtain N300,000 Cash Grant for your Education Now. Reasons Why NECO Result is Accepted for Study in Canada. You sure read that correctly, NECO result is accepted for study in Canada if you did't know.
Obtain N300,000 Cash Grant for your Education Now. Reasons Why NECO Result is Accepted for Study in Canada. You sure read that correctly, NECO result is accepted for study in Canada if you did't know.Jul 31, 2019

Junior Waec (BECE) 2020/2021 Registration And Examination Date ...

Which day will junior Waec start?

Please have it in mind that the junior WAEC registration for 2020/2021 actually started around Monday, October 8, 2019 , and will close on Friday, December 2019 .

Here Is The Current WAEC Grading System | 2020 JAMB and Post ...

What are the grades in Waec?

Under the new WAEC grading system, A1 is Excellent, B2 Very Good, B3 Good, C4, C5 and C6 are interpreted as Credit, D7 and D8 are interpreted as Pass, while F9 is Fail. A1 and B2 in the WASSCE means Excellent, B3 is B (Very Good), C4 is C (Good), C5 and C6 are D (Credit), D7 and E8 are E (Pass) and F9 is F (Fail).
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Tuition free universities in Canada - Are there any? ? Legit.ng

Is there any free university in Canada?

Free of charge universities in Canada for international students. Because there is no free of charge higher educational institution for foreigners in Canada, you can only find a place with lower cost compared to other universities. The tuition is not free, of course, but they can be affordable.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

How to Pass Math Exams | Evan Edinger - YouTube

How can I pass a math test without studying?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

7 Brain Hacks to Learn and Memorize Things Faster | The Science ...

How can I memorize a lot of information?

There are a number of ways to train your brain to memorize things faster and optimize learning.Exercise to clear your head. ... Write down what needs to be memorized over and over. ... Do yoga. ... Study or practice in the afternoon. ... Relate new things to what you already know. ... Stay away from multitasking.More items...?Mar 18, 2016

Breaking: WAEC GCE To Hold Twice A Year Starting From? (See ...

How many times is GCE done in a year?

West African Examinations Council (WAEC) has announced that the General Certificate Examination (GCE) for private candidates will now be held twice a year starting in 2020.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

West African Senior School Certificate Examination - Wikipedia

What is the pass mark for Waec?

List of Universities in USA that Accept WASSCE Results | GH Students

Is Waec accepted in USA?

The WAEC examination is open to both private and school candidates. ... Some universities in the USA accepts WAEC results from West African students. So, you need to meet their minimum requirements before you're offered admission into an American university.
The WAEC examination is open to both private and school candidates. ... Some universities in the USA accepts WAEC results from West African students. So, you need to meet their minimum requirements before you're offered admission into an American university.

Letter: Am I too old to become a nurse? - Independent Nurse

What is the oldest age you can train to be a nurse?

I am very pleased to confirm there is no upper age limit to start nurse training so your age is not a hurdle. However you do need to consider a number of issues before committing to a long and challenging journey. To help you here are four tips I believe will help you make your decision: 1.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

WAEC Is Better Than NECO ? Prof Osarenren ? Channels Television

Is Neco better than Waec?

Ngozi Osarenren has said that the regional examination body WAEC (West African Examination Council) is better and more effective than its Nigerian counterpart, National Examination Council (NECO). ... ?What we should be talking about is the sanctity and credibility of our exams; not the duplicity of exam bodies.? Prof.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

South African matric [Archive] - PPRuNe Forums

What is matric equivalent in UK?

It's hard to compare precisely. Matric covers a broad range of subjects like GCSEs do in the UK, which we write at 16. Matric is written at 18 and probably to a slightly higher standard than GCSE level but definitely below the A-Level exams we do at 18, when normally we only do 3-4 subjects.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

How Much Is WAEC Scratch Card? - FlashAcademy

How much is Waec scratch card now?

Currently, WAEC scratch card is N700 (seven hundred naira). This price has been officially confirmed by the West African Examination Council (WAEC) on social media. According to WAEC, ?the cost of electronic pin/voucher (Now scratch card) for checking results is 700 Naira only?.
Currently, WAEC scratch card is N700 (seven hundred naira). This price has been officially confirmed by the West African Examination Council (WAEC) on social media. According to WAEC, ?the cost of electronic pin/voucher (Now scratch card) for checking results is 700 Naira only?.Feb 29, 2020

Assessment - New Grade Points for 2011-12 - Grade Points

Is b2 a good grade?

Throughout the University, grade A means excellent, grade B means very good, and so on. ... For example, grade B is divided into three bands: B1 means a high B, B2 means a medium B, and B3 means a low B.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Is my WAEC Result good enough to Study Abroad Nigerian Students

Can I use Waec to study abroad?

Students with good WAEC result can enroll into universities abroad and most institutions in abroad offers admissions to students with WAEC results as long as they agree to undertake a foundation course.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Secret Study Hacks | Fastweb

How do you study secretly?

Secret Study HacksChew gum. The act of chewing gum is actually a brain booster. ... Control your focus. Sometimes, you're your own worst enemy. ... Download study apps. ... Eat. ... Search online. ... Jazz up your notes. ... Memory aids. ... Mnemonic Devices.More items...

How Much Is WAEC 2020 Form? See Price Of WAEC Registration ...

How much is Waec fees in Nigeria?

Candidates are expected to pay a registration fee of Thirteen Thousand, Nine Hundred and Fifty Naira (N13,950) only. There's an extra bank charge of N500.
Candidates are expected to pay a registration fee of Thirteen Thousand, Nine Hundred and Fifty Naira (N13,950) only. There's an extra bank charge of N500.Jan 6, 2020

West African Senior School Certificate Examination - Wikipedia

Is WAEC and GCE the same?

WASSCE Nov/Dec, also known as General Certificate Examination (GCE) or WAEC GCE, is a private examination and uniforms are not required but biometric registration is compulsory as in the former.
WASSCE Nov/Dec, also known as General Certificate Examination (GCE) or WAEC GCE, is a private examination and uniforms are not required but biometric registration is compulsory as in the former.

Information for applicants from Nigeria - Queen Mary University of ...

Is Neco accepted in UK?

We generally accept the WASSC or NECO with a minimum of 5 relevant subjects at grade B3. If you are currently studying another UK foundation programme elsewhere and would like to progress to one of our Bachelor degrees, please get in touch via the contact details at the bottom of the page.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

HOW TO PASS ANY TEST WITHOUT STUDYING - YouTube

How can I pass a test without studying?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Why Waec Gce is Far better than Neco Gce - WAEC GCE

Is Neco better than GCE?

Why Waec Gce is Far better than Neco Gce. ... 2: Grading: The marking scheme of Neco is totally different from that of Waec Gce and mostly students prefer writing Waec gce than that of Neco , Have you heard about C Parallel slogan, Student now call some board Exam Parallel Examination.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

7 of the most affordable places to study abroad - Desk International

Which is the cheapest country for study?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

University guide for mature students - Complete University Guide

What is the oldest age you can go to university?

A mature student can be as young as 21 but many are in their late 20s/early 30s or older, and may have left school without the necessary A Levels or equivalent.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Check WAEC GCE Result Without Scratch Card - Here

Can I check my Waec result without scratch card?

Lets go straight to truth and it is that ? checking waec result without scratch card is never possible if your motive is to: check through a computer. check your result via waec result checking website (online) print out a copy of your result slip.

Is NECO Certificate Accepted Outside Nigeria? (Read Here ...

Is Neco accepted in USA?

The answer is yes. NECO can be used to study abroad but not all schools abroad accept it. ... First of all, an applicant with a NECO result must sit for a proficiency English language exam such as GRE, IELTS, SAT, ACT, PSAT, TOEFL, GMAT, and the likes.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

The Waec Grading System - Awajis

Is d7 a pass mark in Waec?

Under the new WAEC grading system, A1 is Excellent, B2 Very Good, B3 Good, C4, C5 and C6 are interpreted as Credit, D7 and D8 are interpreted as Pass, while F9 is Fail.
Under the new WAEC grading system, A1 is Excellent, B2 Very Good, B3 Good, C4, C5 and C6 are interpreted as Credit, D7 and D8 are interpreted as Pass, while F9 is Fail.Jul 26, 2019

How Much Is WAEC Scratch Card? - FlashAcademy

How much is Waec scratch card now?

Currently, WAEC scratch card is N700 (seven hundred naira). This price has been officially confirmed by the West African Examination Council (WAEC) on social media. According to WAEC, ?the cost of electronic pin/voucher (Now scratch card) for checking results is 700 Naira only?.

NECO 2020 Registration Form, Exam Starting Date, Price Timetable ...

How much is NECO 2020?

NECO registration form 2020 price is Eleven Thousand , Three Hundred And Fifty Naira Only (N11,350) Nine Thousand, Eight Hundred And Fifty Naira Only (N9,850) following the reduction of JAMB UTME form price and NECO form price in 2021.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Let's consider admitting D7 and E8 students in University - Prof ...

Can you go to university with d7?

Prof Yankah said that although there are only a few state-owned universities in Ghana, they control about 80 percent of student enrollment. ... Prof Emmanuel Adow-Obeng, who suggested that WASSCE students with grade D7 and E8 in the core subjects be allowed to enter the universities through an access course programme.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

How To Pass WAEC Examination: 2020/2021 WAEC Secret

How can I prepare for Waec?

Those are the guides you need to pass WAEC 2020 examination....Below are the tips to pass WAEC Examination excellently:Don't be afraid of WAEC.Be zealous to pass.Start reading as early as possible.Study voraciously.Join a WAEC study group.Study with WAEC syllabus.Work on your handwriting.Study past WAEC questions.More items...

How To Learn Anything 10x Faster - YouTube

How can I learn 10x faster?

Minimum age of admissions - University of Kent

What is the age limit for university?

Minimum age of admissions. The minimum age to study a degree programme at the university is normally at least 17 years old by the 20 September in the year the course begins. There is no upper age limit. The University will continue to review the minimum age requirement in light of recent changes to national legislation ...
Minimum age of admissions. The minimum age to study a degree programme at the university is normally at least 17 years old by the 20 September in the year the course begins. There is no upper age limit. The University will continue to review the minimum age requirement in light of recent changes to national legislation ...

Here Is The Current WAEC Grading System | 2020 JAMB and Post ...

Is e8 a pass mark?

waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Calculating your aggregate score: JAMB's score + O ... - AskNigeria

How is Waec aggregate calculated?

A1: 1 x 4 = 4 B2: 3 x 3.6 = 10.8 C4: 1 x 2.8 = 2.8 Total points: 4 + 10.8 + 2.8 = 17.6 Now, we divide the UTME by 8 i.e 280 ? 8 = 35 So, the aggregate score will be 17.6 + 35 + Post-UTME score.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Does WAEC Repeat Past Questions? Click Here To See Answers ...

Do Waec repeat questions?

Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.
Currently, waec no longer allow students to go home with their question papers. So, when you ask? does waec repeat past questions? Just have it in mind that the past questions you are talking about is the old past questions. And we all know that waec usually change syllabus, and English language do change as well.

NECO Registration Form 2020/2021 and Latest Exams Updates ...

How much is Neco Nigeria?

To register for NECO examination, candidates are to obtain a draft and pay a non-refundable fee of Twelve Thousand Naira Only (N12,000) paid via bank draft or to school management if internal registration. The payment can be done in any NECO office, banks and Nipost offices nationwide.
To register for NECO examination, candidates are to obtain a draft and pay a non-refundable fee of Twelve Thousand Naira Only (N12,000) paid via bank draft or to school management if internal registration. The payment can be done in any NECO office, banks and Nipost offices nationwide.Mar 26, 2020

WAEC Grading System for Examinations. | Download Table

What is a distinction in Waec?

... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...
... is externally organized and graded by the West Africa Examinations Council (WAEC), which clas- sifies candidates who obtain BECE Aggregate 6 to 12 as "distinction" or "good" students, Aggregate 13 to 24 achiev- ers as "average," and Aggregate 25 and above achievers as "weak" students (Asihene, 2009;Dorleku, 2013; ...

Can I Combine WAEC And NECO Result For Admission Into ...

Can I combine WAEC and NECO together?

Yes! It is possible to combine WAEC and NECO result for admission into any tertiary institutions in Nigeria. Many universities in Nigeria allow for the combination of both WAEC and NECO result.
waec expo runs is real. WAEC Answers, NECO ANSWERS and GCE answers comes a night before exam or Hours before exam

Age limit as dilemma for admission seekers | The Guardian Nigeria ...

What is the age limit for Waec?

Although the 16 years age limit requirement for university admission has no legal backing, it has become the gold standard for some universities in Nigeria, which had in their post-Unified Tertiary Matriculation Examination (UTME) advertorial stated that ?candidates, who will not be 16 years of age by October 31, 2018, ...
16 years,Although the 16 years age limit requirement for university admission has no legal backing, it has become the gold standard for some universities in Nigeria, which had in their post-Unified Tertiary Matriculation Examination (UTME) advertorial stated that ?candidates, who will not be 16 years of age by October 31, 2018, ...Oct 4, 2018
Ushuta Ngo said: I used expodaddy for waec in 2018 and I got 5B... view all reviews