¶¶ NECO GCE 2017 Economics Obj And Essay Solution Answer – Nov/Dec Expo
WELCOME TO AYOSTUFFS GCE ECONOMIC PORTAL +++++++++++++++++++++++++++++++++++ REFRESH THIS PAGE EVERY 5MIN ++++++++++++++++++++++++++++++++ *NECO GCE ECONOMICS OBJ AND THEORY ANSWERS* --------------------------------------------- *NECO GCE ECONOMICS OBJ* 1-10 DEBECCCAAB 11-20 CEAEEDBEDC 21-30 EDEDBBBABC 31-40 DADCCDCADD 41-50 BDBBADCABE 51-60 ABBABDEACA --------------------------------------------- *THEORY* (1a) No of birth 30/45 × 488500 = 3256667 (1b) No of death 15/45 × 488500 = 1628333 (1c) No of Environment Immigrant - Net migrant 70000 - 25000 = 45000 (1d) Natural growth Birth rate - Death rate 3,256,667 - 1628333 = 1628334 (1e) 5000000 + 700000 - 45000 = 5025000 (1f) New Pop - Old pop / old pop × 100/1 5025000 - 5000000 / 5000000 × 100/1 = 5% .................................................................. *NO2* 2a) A = 18 B = 12 C = 11.2 D = 0 E = -2 2b) *NO3* (3a)Price elasticity of demand (PED or Ed) is a mea...