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WAEC EXPO YORUBA 2020



2020 JAMB CBT ECONOMICS QUESTIONS AND ANSWERS (14th) Economics


2020 JAMB CBT ECONOMICS QUESTIONS AND ANSWERS (14th) Economics

2020 JAMB CBT ECONOMICS QUESTIONS AND ANSWERS (14th) Economics



*1. The residual of production which acquires to the ownership of loans

after all other expenses have been met is called ___*

*Answer: Rent*

*2. The downturn in the price of shares on stock markets is a highlight or

___*

*Answer: The regulatory nature of the market*

*3. What is the effect of decrease in supply where demand is constant?*

*Answer: Increase in price, decrease in quantity.*

*4. To control inflation, the monetary authority of a company can ___*

*Answer: Engage in a restrictive monetary policy.

*5. Natural growth rate can be calculated by?*

*Answer: Natural growth rate = Death rate + Net immigration*

*6. In the analysis of utility theory, the basic of demand is ___

Answer: *Diminishing utility*

*7. In the money market, money can only be borrowed for ___*

*Answer: Short term*

*8. The consumers co-operative society is owned by*

*Answer: Members of the society

*9. Find the median of the following set of score, 8,9,6,5,10*

*Answer: Median is the middle number after all the numbers are

arranged in ascending or descending order.* *(Arranging, we have

5,6,8,9,10.* *Therefore, the media in 8*

*10. In a public company, entrepreneurship functions are performed by

the ___*

*Answer: Board of directors

*11. One major export crop in West Africa is ____

Answer: Cocoa*

*12. expresses relationship between the dependent and

independent variable.*

*Answer: Functions*

*13. Macroeconomics was made popular by*

*Answer: John M. Kaynes*

*14. Distribution of goods and services is hindered by ____*

*Answer: Too many middlemen (and other factors).*

*15. Census of population is usually conducted every ___*

*Answer: 10 years*

*16. Which bank is known as post office bank?

Answer: Merchant Bank*

*17. A firm s main aim is to*

*Answer: Maximise profits*

*18. In a socialist economy, factors of production are owned and

controlled by the*

*Answer: Government.*

*19. The market where buyer and sellers of currency meet is known as*

*Answer: Foreign exchange market*

*20. Taxes which are levied on a* *person s expenditure are known as*

*Answer: Purchase tax

*21. The additional revenue obtained by using one more unit of a factor

is called* ___

*Answer: Marginal Revenue product

*22. A firm s compulsory cost is referred to as its*

*Answer: Fixed Cost*

*23. The assumption of economic analysis are .. and ..*

*Answer: Rationally and other things being equal*

*24. A firm is at its optimum size when*

*Answer: It produces the greatest output at the minimum.*

*25. When a variable is associated with time period, it is?*

*Answer: A flow*

*26. The full meaning of OPEC is*

*Answer: Organization of Petroleum exporting countries.

*27. State-owned enterprises are more common in____

Answer: Centrally planned economies*

*28. Commercial banks are example of___

Answer: joint stock banks*

*29. Efficiency of labour is enhanced by Improved____

Answer: working condition and training*

*30. The production strategy used in over populated country is__

Answer: Labour intensive.*

*31. Internal trade has general effect on .. of a country.

*Answer: GDP*

*32. West African economies can be described as?*

*Answer: Agricultural.

*33. The headquarters of the African Development Bank (ADB) was

originally located in____

Answer: Abidjan*

*34. .. is the measurement of* *steepness of the line or curve that

emerges on the graph.*

*Answer: Slope*

*35. Banks create money by*

*Answer: Lending out deposits to borrowers*

*36. The situation whereby government revenue is less than government

expenditure is referred to as*

*Answer: Budget deficit*

*37. .. and . of goods and factors of production brought the

existence of price*

*Answer: Scarcity and usefulness*

*38. The most common form of* *business in West Africa is the*

*Answer: Sole proprietorship*

*39. The terms of trade simply mean the price ratio of*

*Answer: export to import.*

*40. The tax imposed on goods produced within the country is

Answer: excise tax

NOTE:

1. YOUR NUMBER TEN(10) QUESTION CAN BE YOUR

BROTHER S NUMBER TWENTY-FIVE {25} QUESTION.

2. DON T SPREAD THIS QUESTIONS AND ANSWERS TO

ANYONE.

Frequently Asked Qestions and Answers

NECO 2020 BECE Registration Form ("Junior WAEC") ? NGScholars

How much is junior Waec fees?

The following are the approved fees for the examination and other related items: Registration fees ? 4,000.00 Naira (Mandatory fee) Late Registration ? 1,000.00 Naira per candidate ? (Mandatory fee) Re-Sit Exam ? 1,000.00 Naira per copy.
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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.
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.

Lists Of Universities To Study Abroad With WAEC - EASY ...

Can I use Waec GCE to study abroad?

Nigerian students wishing to study abroad with WAEC, NECO or GCE can apply for admission at Brandon University. As a Nigerian or Internationa student seeking admission to study abroad at Brandon University with WAEC can use the link below to apply.
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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.
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How to Apply for Canada Student Visa in Nigeria - NaijaGoingAbroad

How much will it cost to study in Canada from Nigeria?

How much is Canada Student visa fee in Nigeria? The fee for Canada student visa in Nigeria varies from time to time. At this time, the fee for the study permit is about $150 (CAD) and then biometrics fee is $85 (CAD). You will also need to pay a service fee of $45.
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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 .

Study Skills | SkillsYouNeed

What are the 4 study skills?

Our Study Skills Pages Include:Getting Organised to Study. Getting organised is an important first step to effective study. ... Finding Time to Study. ... Sources of Information for Study. ... Styles of Writing. ... Effective Reading. ... Critical Reading and Reading Strategies. ... Note-Taking. ... Planning an Essay.More items...

How to Pass Math Exams | Evan Edinger - YouTube

How can I pass a math test without studying?

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Which universities in England allow attendance with only a GED ...

Do UK universities accept GED?

Many UK universities will accept a high school diploma a with a high enough GPA and if a GED is equivalent then that would probably be accepted. ... Some American universities have a campus in the UK, the most well known is Richmond, the American International University in London.
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How To Learn Anything 10x Faster - YouTube

How can I learn 10x faster?

Most Common Answer on the ACT: Guess C? - PrepScholar Blog

Is C the most common answer on tests?

The idea that C is the best answer to choose when guess-answering a question on a multiple choice test rests on the premise that ACT answer choices are not truly randomized. In other words, the implication is that answer choice C is correct more often than any other answer choice.
The idea that C is the best answer to choose when guess-answering a question on a multiple choice test rests on the premise that ACT answer choices are not truly randomized. In other words, the implication is that answer choice C is correct more often than any other answer choice.Apr 17, 2018

FAQ - WAEC Nigeria

How many subjects are required for Waec?

Candidates are required to enter and sit for a minimum of eight (8) and a maximum of nine (9) subjects. (iv) At least one of Physics, Chemistry and Biology. (v) At least one of Literature-in-English, History and Geography.
Candidates are required to enter and sit for a minimum of eight (8) and a maximum of nine (9) subjects. (iv) At least one of Physics, Chemistry and Biology. (v) At least one of Literature-in-English, History and Geography.

West African Senior School Certificate Examination - Wikipedia

What is Waec certificate called?

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.
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West African Senior School Certificate Examination - Wikipedia

What is the pass mark for Waec?

What is the best method to study alone and effectively? - Quora

What is the best study method?

The best study spot is one that is quiet, well-lit, and in a low-traffic area. Make sure there is a clear workspace to study and write on. For every 30 minutes, you study, take a short 10-15 minute break to recharge. Make studying less overwhelming by condensing notes from class.
The best study spot is one that is quiet, well-lit, and in a low-traffic area. Make sure there is a clear workspace to study and write on. For every 30 minutes, you study, take a short 10-15 minute break to recharge. Make studying less overwhelming by condensing notes from class.

GCE ? MULTINATIONAL EDUCATIONAL CONSULTING

What is GCE exam?

What is GCE? It is General Certificate Examination. The GCE as it usually called by many people are two based on the bodies that conduct them. There is the West African Senior School Certificate Examination (WASSCE) for school private candidates in November/December.
What is GCE? It is General Certificate Examination. The GCE as it usually called by many people are two based on the bodies that conduct them. There is the West African Senior School Certificate Examination (WASSCE) for school private candidates in November/December.

Is Wassce equivalent to GCSE? ? Education ? Best Discussion ...

Is GCSE equivalent to Waec?

Is Wassce equivalent to GCSE? Minimum of three passes at GCE A-level at grade C or above, and five passes at GCSE/IGCSE level at grade C or above, including English and Maths with equivalent qualifications such as African WAECs - 6 passes at grades 1-6, including Maths and English.
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WAEC grading system 2020-2021 ? Legit.ng

Is c6 a good grade?

C6 (50-54%), C5 (55-59%) and C4 (60-64%) are credit grades. B3 (65-69%) is a Good grade. B2 (70-74%) is a Very Good grade. A1 (75-100%) is an Excellent grade.
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West African Senior School Certificate Examination - Wikipedia

What Mark is a1 in Waec?

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Is college free in Canada for citizens? - Quora

Is universities in Canada free?

College/University is definitely not free in Canada, unless you get a scholarship or one of your parents works at an institution where they provide that benefit to the children of employees. e.g. Ontario has the highest average undergraduate tuition at about $7800 per year (2 semesters) in the 2015/2021 year.
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2020 WAEC GCE Registration Form | Instructions & Guidelines

How much is Waec this year?

How to Apply for the 2020 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.
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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

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.
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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.
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International Entry Requirements: What's my degree score equal to?

What is a 2.2 degree in GPA?

Postgraduate: University of the West Indies - A score of B, 65% or GPA of 3.0 is considered comparable to a UK 2.1, while a score of B-, 60% or GPA of 2.7 is considered comparable to a UK 2.2. ... A Level or CAPE grades will also be considered alongside degree scores.

How Long can I Use My WAEC, NECO, NABTEB Results For ...

How long is Waec certificate valid?

The fact is your O'level result; be it WAEC , NECO or NABTEB is valid for a life time and has no expiration date. The Examination conducted by these examination bodies is known as ?achievement test? and therefore the certificates awarded are valid forever.

WAEC, NECO and NABTEB: What you need to know about Nigerian ...

Is NECO and WAEC the same?

National Examinations Council, otherwise known as NECO, is a national examination body established by the Nigerian government to conduct examinations. Unlike WAEC, NECO is a national examination body vested with the responsibility to oversee specified exams only in Nigeria.
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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; ...
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How to get your Original NECO Result | News From Nigeria ...

How long does it take to get NECO certificate?

The basic requirements for collection of original certification is the verification of the candidate original O level result. Neck stand for national examination council and the original neck result is always available after 4 years.
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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.
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