₦airaland Forum

shakur07: ##LESSON learnt from barca"s victory''no matter ao down u may be or maybe ur hope is gone before d beginning as regards ds year"s admission**if u put in more practice and hardwork and finally identify wat ur main problem is and d best approach to tackle it den success is definitely urs just as it was for barca yesternite**FC BARCA :::morE dan A club

u'v said it all man

Vicky001: Hi

hello

Emmy35: I don't have Econs textbook but i've got past question sha. It is well

i'd advice you to get one ASAP o..maybe you should get fundamental ecnos

papindinho: na so o my brother, I did Econs in 2011 jamb and I didn't read anytn den I scored 62 but now dat am preparing everytn looks lyk d wall is caving in. All is well.

its Gods favour that matters most and a lil bit of luck.

papindinho: both C and D are quite in line bt viewing it from d point of payin a particular levy before his product could be exported may not affect the income as the depreciation in the value of the currency cos depreciation of the value of currency could create deficit statement for the farmer.

Hmmmm....still downloadinG

papindinho: both C and D are quite in line bt viewing it from d point of payin a particular levy before his product could be exported may not affect the income as the depreciation in the value of the currency cos depreciation of the value of currency could create deficit statement for the farmer.

Hmmmm....still downloadinG

Emmy35: I've lost all confidence in myself wen it comes 2 Econs cos last year i read Econs like mad, i read it 2 d extent dat i started speaking Econs but wat did i get in Jamb?? 57!!!! It was very very heart breaking. I'll try and attempt some questions on dis thread nd create more tym 4 Econs sha but if i see anything less dan 60........ Kai!!!!! I'll burn down Jamb's office @ Ikoyi

eeyah...i feel your pain,,,i pray God help us all this time around

Emmy35: 2 D
3 A
4 D
5 D
6 C

according to the past question's answers, your score is 3/5 @everyone, let's look into that number 5 question. i fink the answer should be (D)of export duties not (C)of domestic currency depreciation because depreciation of a country's currency makes importation dearer and increases exportation cos it becomes cheap to other countries.#Expecting-your-contributions#

Emmy35: Technical questions ke? The questions here r already too technical jor. I really need 2 sit up in Econs oh cos questions in Econs look like Yoruba 2 me. By God's grace, i'll get above 66 in Econs

lol....why above 66? Why not above 80 or 90....anyway econs is not that hard.. in fact, its one of the easiest subjects. What you need do is to dedicate more of your time to studying it. You know time itself is limited so you have to make efficient use of this limited time by using the "TIME MAXIMASATION THEORY".

emekakelvin: The system of measurement of national income as the sum of all final demand is (a)income method (b)expenditure method (c)value added method (d)final demand approach. Pls explain ur answer briefly.

i think its (b)expenditure approach because the expenditure method is measured by using the final/total expenses incured in purchasing various goods and services......correct?

Wow!!!! Nobody scored upto 4.buh u guys tried sha...more technical questions coming soon

aragbs4real05: 1.A 2.D 3.A 4.A 5.D 6.C pls correct me if am wrong.. thnkz

3)d 4)d 5)c ..score 3/6

adetola31: 1, 2b, 3c, 4b, 5a, 6a.

(2)d (3)d (4)d (5)c (6)c ...score=0/5

michaeltotti: 1.a.2.d.3.c.4.a.5.d.6.c

(3)d (4)d (5)c. Score-3/6

emekakelvin: (1)d (2)d (3)b (4)d (5)d (6)c. If i get one Glory be to God

number(1) is a (3) is d while (5) is c.your score 3/6

Hausa: wil do dat later today

thanks in anticipation

Vickhov: if u're frm south-south catchment area,u've to score btw 55-61 but if u aint frm dis region,try score 62 n above..For further enquiries inbox me on facebuk@Abidemi Victor.Goodluck!!!

aiit thanks for that

libertyoni: All yuu are jst useless...is dis tread 4 bullocks or to ans que bou d topic or yuu dunno hw to ans...mtchew

chai...SMH....my guy don vex sha...i hope this *en*ele** thing u just wrote is not an effect of the upcoming exam ( over reading= brain malfunction ) abi sha your undisputed *tup#d#ty nah inbuilt?.

NB{from the above post, let * rep the letter S and # rep letter I}

Samsantos9: a guy was arguing with me about this that was why I posted it here..

oh.....sMh for the guy

Gcool2: vc list neva commot na.add me 4 2go make we talk.@ mlkay2

DONE

1) Age group(yrs) | Food production
(Million). | (million)
_____________________________
50 | 220
70 | 210
90 | 225
100 | 275

In the data above, what is the optimum population?
A)50
B)70
C)90
D)100

(NB: if you don't understand the data arrangement
Above, you are permitted to skip the question )


2).The migration of young people from rural to urban areas in Nigeria should help to raise the
A)standard of living in the urban areas
B)total productivity of labour in the rural areas
C)marginal productivity of labour in rural areas
D)marginal productivity of labour in urban areas

3). The U-shape of the long run average cost curve can be explained by the
A)law of increasing returns
B)law of constant returns
C)law of diminishing returns
D)concept of economies and diseconomies of scale

4). A firm with marginal cost equal to its marginal
revenue will produce the equilibrium output if its
in
A)pure competition only
B)pure monopoly only
C)monopolistic competition only
D) any type of market

5). Farmers income may fall of they produce more
Cash crops for export because
A) foreign demand is in-elastic
B) the price of the crops will rise
C) of domestic currency depreciation
D) of export duties

6). The Nigerian trust fund is managed on behalf
Of nigeria by the
A) world bank
B) international monetary fund
C) african development bank
D) economic independency



GOOD LUCK!!!

Hausa: orientation was worth it.
>
made sense

pls help me to check my name on the vc's list...i posted my details some days back buh you didn't reply so I'm reposting it.

Name_Aduwo emmanuel
Fac_soc.sc
Dept_ economics (can check related depts too)
Aggr_232

Sir Bussy: 1.D 2.E 3.C 4.A 5.D

u tried sire 4/5 ..number 3 is (d). to create involuntary unemployment

Hahahahaha OBJ is my role model...can't believe I'm the #1st to comment# !!! I must give tetimony in church today cos this is my first time of commenting first. praise tha lord!!!!!

papindinho: 1*D 2*B 3*E 4*C 5*D

YOUR SCORE:2/5. Check mr goodboys work..the guy killed it

Goodboy2012: 1.D During inflation,money loses its value,even borrowers gain!So if u'r saving ,u'r jus jonzin;Remember in zimbabwe in 2008, wen a wheel barrow full of money was used to buy a loaf of bread ...
2.E Measure of value is a function of money,and not feature !
3.D.. Surely, d demand 4 labour will increase cause of d increase in wage rate,which will lead to excess supply of labour;As such,unemployment will arise because at higher wage rate, labourers will want to supply labour but Employers will only be able to hire few,Unemployment den is inevitable!
4.A They make abnormal profits in d short run but The entrance of new firms will make them make normal profits in d long run!
5.D its Self Explanatory !

wow!!! A very good job by good boy...SCORE; 5/5
*lol @that zimbabwe wheel barrow stuff*

Goodboy2012: 1.D During inflation,money loses its value,even borrowers gain!So if u'r saving ,u'r jus jonzin;Remember in zimbabwe in 2008, wen a wheel barrow full of money was used to buy a loaf of bread ...
2.E Measure of value is a function of money,and not feature !
3.D.. Surely, d demand 4 labour will increase cause of d increase in wage rate,which will lead to excess supply of labour;As such,unemployment will arise because at higher wage rate, labourers will want to supply labour but Employers will only be able to hire few,Unemployment den is inevitable!
4.A They make abnormal profits in d short run but The entrance of new firms will make them make normal profits in d long run!
5.D its Self Explanatory !

wow!!! A very good job by good boy...SCORE; 5/5

Good morning guys!! Wud iv answd some of dose questns buh me don taya o..mayb latr in the day sha. Happy Sunday

Samsantos9: Pls is it true dat dose who chose uniben as first and second choice would write the pume twice??

i'm LOL @ your question..its damn funny. et al hope you guys are studyng with hard labour o

michaeltotti: 1.deflation A.
2.B

3.A


4.A

5.D
scur me plx

lets wait for others bro..don't worry abt the scoring/correction. I wud do that

Alright let's go back to business



1).Money becomes a very poor store of value in a period of
(a)deflation
(B)stable prices
(C)recession
(D)inflation
(E)harvest

2).Which of the following does not belong in respect of the quality of money?
(A)durability
(B)divisible into the smallest units of value
(C)portable
(D)identifiable by all
(E)measure of value

3). One of the probable effects of an increased minimum wages in Nigeria is
(A)to create voluntary unemployment
(B)to decrease the wage rate
(C)to increase the level of employment
(D)to create involuntary unemployment
(E)to increase the demand for labour

4). In the long run, a firm in a competitive market will make
(A)normal profit
(B)abnormal profit
(C)marginal profit
(D)no profit

5).Taxes and government expenditure are instruments of
(A)monetary policy
(B)tax policy
(C)economic policy
(D)fiscal policy

Hausa: haaaa, u no get dept name?
>
Abi make i dey gallivant like mumu for der ni?

im sorry sir...its dept of economics