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Economics Past Questions

Study and practice Economics past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

45 questions JAMB 2540 WAEC 1723 NECO 272 CUSTOM 10
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Past Questions

45 questions
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Question 1 of 5 45 total questions
Question 21
neco 2005
ECOWAS secretariat is located in
AAbuja, Nigeria
BAccra, Ghana
CConakry, Guinea
DFreetown, Sierra Leone
EMonrovia, Liberia V
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Question 22
neco 2005
In the equation Q = a - bp + e; Q and P are .... Variables respectively.
Aconstant and dependent
Bdependent and independent
Cerror term and independent
Dindependent and constant
Eindependent and dependent
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Question 23
neco 2005
Which of the following is NOT a function of the IMF?
Aassisting member countries in printing and issuing their currency
BExchange rate stabilization
CPromoting international monetary cooperation
DProviding financial aid to members experiencing balance of payment difficulties
EServing as a clearing house f member countries
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Question 24
neco 2005
A business formation with a minimum of two and maximum of twenty persons is called
Acooperative society
Bjoint stock company
Cone man business
Dpartnership
Epublic corporation
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Question 25
neco 2005
Which of the following is NOT a major role of OPEC in production, and marketing of petroleum?
ACoordinating and unifying petroleum policies of member countries
BEnsuring efficient and regular supply of oil to the two market
CRaising the revenue of member countries from oil through price increase
DRefining of petroleum products in member countries
EStabilizing oil prices putting a production ceiling
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