NECO Economics · National income, money and public finance
National income: NECO Economics Past Questions and Answers
What the WAEC syllabus covers in National income
Our summary: GDP, GNP and related measures, how national income is calculated and what the figures can and cannot tell us.
- Meaning of major national income concepts e.g. Gross Domestic Product, Gross National Product, Net National Product, etc.
- Different ways of measuring national income and their problems
- Uses and limitations of national income data
- Trends and structure of national income
Syllabus content © The West African Examinations Council (WASSCE (harmonised West African syllabus)). NECO questions are matched to the WAEC syllabus topic.
NECO Economics questions on National income
- NECO 2009Using Expenditure Approach to estimate National Income, Y is equal to
- NECO 2009The correct relationship between income (Y), consumption (C) and savings (S) is
- NECO 2007The difference between Gross National Income and Gross Domestic Product is known as
- NECO 2007A change in National Income brought about by a given change in investment Is
- NECO 2007The following methods are used in calculation of National Income EXCEPT
- NECO 2007If total Income is N15m and total consumption Is N3m. then the average propensity to consume is
- NECO 2005Which of the following is NOT included in-measuring the National income through the income approach?
- NECO 2005The following determine the level of consumption EXCEPT
- NECO 2003The theory of income determination is traced to
- NECO 2003The per capita income is calculated as
- NECO 2002The comparison of the standard of living between Nigeria and Ghana is best down through the use of
- NECO 2002In a two-sector economy, income is a function of
- NECO 2002In income determination theory, acceleration principles shows that
- NECO 2002Disposable income in national income accounting is an income which
- NECO 2002The formular used by the Expenditure approach to calculate National income is
Years with National income questions in DeeepSolve's question bank
From the past questions DeeepSolve holds, not a count of everything the exam body has set.
- 2009
- 2007
- 2005
- 2003
- 2002