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Economics Past Questions and Answers

Neco Economics Questions

Question 196:

The following are bye-products of crude oil EXCEPT

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A Bitumen
B Kerosene
C Paraffin wax
D Perfume
E Petrol

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Question 197:

The following are types of monopolies EXCEPT

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A Cartels
B Holding companies
C Syndicates
D Thrifts
E Trusts

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Question 198:

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

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

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Question 199:

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

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

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Question 200:

The following countries are members of ECOWAS EXCEPT

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

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