₦airaland Forum

Solutions coming soon!!!

papindinho: Adex could you please explain the number 3 of the correction u solved.

I'm not quite sure of the question you referring to ..maybe you should repost the question

1) Ajanka, a medical student entitled to an annual allowance of #6000 , decided to leave the university to take up a job where he earns #7000 per annum. By this singlular act, the national income level will.
A. Increase by #1000
B. Decrease by #7000
C. Increase by #7000
D. Increase by #13,000

2) In a small scale business, the fixed cost is £5000, variable cost is £15000 and the output is 500 units.
What will be the unit cost of the goods?
A. £20
B. £40
C. £80
D. £400

3)If united state of america buys gold for $60 an ounce and Nigeria buys the same ounce for #500, what will be USA's exchange rate with Nigeria?
A. $0.12 = #1.00
B. $0.11 = #1.00
C. $0.06 = #1.00
D. $0.05 = #1.00

4) A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade.
A. 20%
B. 71%
C. 120%
D. 140%

5)If the arithmetic mean of 1,2,5,6,x,16 and 18 is 8.0, find the value of x.
A. 7.0
B. 6.0
C. 8.5
D. 8.0


*in serkodie's voice* you know say econs.
no be problem.


GOODLUCK!!!

[color=#000000]name--------score
*Sir bussy-----4/4
*ajengb ------1/4
*emekakelvin----3/4

Answers--(1)B (2)D (3)C (4)A [/color]

Johntosyne: Gudmawin fwend

good mornig o

Lilly001: Hi #OgasAtTheTop....How Jacking Na

Dnt Let D Statistics Weaken ya Strength

Just 2% of Dos Who Chose UI Were Admitted Last Year.. I think 2700 of Us Matriculated..and DE Students dey among Dat 2700 sef

Dnt Panic!!!! Bosses
God is Ya Strength All...U re All IN

There is One Principle I Believe IN...In 2011 I was Told All D Nairalanders Were Admitted.
And Last Year 95% of Us Were Admitted.
Nd Dis Year I Pray D History Repeats Itsef...........

Bless!! Good Morning

if that stats is actually true, that means we've got a ui staff on NL...abeg if you dey this thread PM me o...lol

Fynestboi: so were re u naw?

I thought she said its confidential.

Ah Ha where are the ladies, abi shey na only male won enter U.I ni... na only one lady I don see since when I don dey follow this thread... Well me na Po-Science aspirant any other P.Sc. should show their face here and lets reason together most especially ladies...why most especially ladies?

Punch those calculators guys!!!! @sirbussy I see you o

1) If p2 and p9 represent the population of west africa in 1978 and 1979 respectively and given that in 1979. D=number of deaths B=number of births, I=number of immigrants E=number of emigrants.
Then the size of the population in 1973 is.
A. P9+D-B+I-E
B. P9=P2+B-D+I-E
C. P9=P2+B-D+E-I
D. P9=B-D+I-E
E. P9=P2+B+D+I+E

2) Given that the cash ratio is 10%, what is the maximum amount of money that the banking system can create from an initial deposit of #1,000.00
A. #100.00
B. #1000.00
C. #9000.00
D. #10,000.00

3)Find the total credit that the banking system can create if primary deposits is just #100.00 while the cash ratio is 20%
A. #700.00
B. #600.00
C. #500.00
D. #400.00

4) given a market demand curve Q=120-2p and a supply curve Q=4p, the equilibrium price and quantity are
A. 20 and 80
B. 30 and 120
C. 40 and 60
D. 60 and 240

Emmy35: I still tremble wen i see calculations and i haven't finished reading the textbook. I'm supposed to read it at least 2 tyms but All is Well!!!!!

tremble ke...I'm about to post some questions on calculations..yu'all should check it out.

joseboy199: 4RM BOOK VILLAGE

thank God for you o...me was deported

joseboy199: @adex097 n fynest,me kno undastand d statistics 4 ui,wetin b d total numba of applicants

according to my oga @d top (fynest boi) 49,319 chose u.I as 1st choice and 40602 as 2nd choice...I don't want to say something now and my oga @the top says another thing..dazall....#winks#

shakur07: e be lyk sum people av phobia for UI and its lyk dey are not well informed sha

not somepeople..MANY people

shakur07: owkei i nao understand ...na yhu dey visit dem ..issoryt nyc playing away games sumtyms

oga shakur obeisance to you o...you already know all the terminologies #MSc womanology#

joseboy199: thank you LORD,went n came bak alive,nt by my power n might,but by HIS grace n mercy.....
AM BACK,JOSEBOY is bak...its ur boy joseboy....

hmmm...back from where? Pakistan?

Fynestboi: UNIVERSITY OF IBADAN FIGURE IS UI FIRST 49,319 2ND 40602

not much at all compared to uniben , unilaga, unilorin etc

Fynestboi: dnt mind i was tnkng its delsu instead of uniben

al right

jazinogold: JAMB Closes 2013 UTME Registration. University of
Benin, UNIBEN recorded the highest number of
applicants with 98363 candidates followed by
University of Ilorin, UNILORIN with 91983 candidates.
No matter the numbers of students applying into your
school, GOD will single you out for success and
Admission...TYPE "AMEN" if you believe this.

amen amen amen......how's studies sir

adetola31: . Hahahaha.. Struggling indeed.. And u getting d answas rite.

I wonder o

Fynestboi: Jamb finally close deir site dats to say no more regggg... Bt i was suprise wen i saw delsu veing d highest figure follow by unilorin.. Bt wuld try and check 4 ui..,

its not delsu o.....uniben has the highest applicants
..The Joint Admissions and Matriculation Board - JAMB has officially closed registration for the 2013 UTME.

The portal was officially closed at Midnight on 24th March, 2013.

University of Benin, UNIBEN recorded the highest number of applicants with 98363 candidates followed by University of Ilorin, UNILORIN with 91983 candidates. Other top applied universities are as follows;

Nnamdi Azikiwe University - UNIZIK - 87508
University of Lagos - UNILAG - 85901
University of Nigeria - UNN - 80263

shakur07: heheh wetin u use ur body do oh abi dose gals came visiting nih *lips sealed**

badt guy....gals don't visit me

Fynestboi: Oga adex dose tns re puzzle/iq test nt riddle...

all join

Leystra: Guy you funny o...


Nope school of Riddle ke... I can also tell you Yes sha... because my school do organise an extra-curriculum activities every wednesday... For stuffs like Riddles, Joke, Story n I.Q test... which means I've seen some of this I.Q test before if not all and they made it compulsory for us to solve it and finally if we are unable to get the answers correctly it will be provided n also explain how they arrive at the answer n due to my prominent role in the club I can never forget those questions... though we took it as fun then but for sure it helps...

hmmm...I see

Johntosyne: Gud mawin fwends, try nd hlp somebody xpecialy d needy b4 diz xam, slip tyt nd av a 1daful nyt rest!!!

good morning o....about the needy stuff, I comment my reserve

Johntosyne: Gùd evening fwends, aw was ur day? @adex, y didnt u go? Dnt tel me say na buk o. @shakur, me too slip smal o, make God jst 4giv us o

haba..book can't stop me from going to church,,,,ore body ni (tired body)

shakur07: adex u try small bur na leystra get am correctly ..thumbs up bro @leystra

leysra na my oga at the top when it comes to riddle

Leystra: U are one point bro...


He reached in2 d box, grabbed a paper, took off his blinfold, laughed, and swallowed the paper. The he said, look at the other slip of paper. The king could not admit he had cheated. If the king slip said Death, definitely the slip the young man swallowed must have said princess.

wait a minute o...did you attend school of riddle?

NAME --------SCORE
1)Ajengb----- 2/4

2)Emekakelvin------2/4

3)Adegbemigunjosh-----3/4

4)Emmy-------4/4


Answeers--(1)e (2)d (3)b (4)c

Weldone guys

Happy sunday guys
1)ma A earns #300 and pays #15 in tax Mr B earns #100 and pays #6 in tax. This tax system can be described as
a. Proportional tax
b. Progressive tax
c. Competitive tax
d. Excise tax
e. Regressive tax


2)when we draw a market demand curve, we
a. Ignord tastes, incomes and all other price
b. Assume that taste, incomes and other prices do not matter
c. Assume that tastes, income and all other prices chnge in thd same direction as prices
d. Assume that tastes income and al other prices remain constant
e. Both (a) & (b)



3)which of the following taxes appear generally progressive in nature?
a. Sales taxes
b. The personal incme taxes
c. Property taxes
d. Corporate taxes
e. None of the above


4)in a limited liability company, the greatest risk is borne by
a. Shareholders debentures
b. Company executives
c. Ordinary shareholders
d.preference shareholders
e. Board of directors

shakur07: aftanoon pals check oit ds...
A young man tried to elope with a princess,
but the king found out and offered him a
sporting chance. The king would put two
slips of paper in a box, one marked "Death,"
the other marked "Princess." To decide his
fate, the young man was to be blindfolded
and choose one paper. The young man
found out that the king didn't want him to
win the Princess and therefore intended to
mark both papers "Death." He managed to
win the princess despite this. How? check ds brainstorming masterpiece:

I think he picked a paper took off the blind fold looked at the paper and said Princes

Johntosyne: Gud aftérnoon pals nd apy palm sunday aw was ur service?

same to you bro but me didn't go to church