2020 WAEC Economics Expo (Obj And Theory) Questions And Answers Expo Runs
WAEC Economics Essay and Objective Complete Correct Questions and Answers 2020/2021 for August/September WASSCE expo for complete Questions and Answers runs posted for free now available. We are here to offer you the legit, correct, verified, reliable, early answers on Economics Obj And Essay 6hours before your exam start. In other to Get our legit 100% solutions for WAEC Economics Obj And Essay Answers, You have to subscribe for it by following the Procedure bellow.
2020 WAEC Economics Expo (runs) questions and answers directly from WAEC National Head office, long-awaited and highly anticipated 2020 WAEC General Economics (Obj & Essay) Solution Expo Questions and Answer which is supposed to be written in August/September but now August/September is around the corner for West African Senior School Certificate Examination (WASSCE).
Definitely, you are searching for a reliable “WAEC Economics runswebsite” that can assist you with verified WAEC Economics essay and objectives questions and answers before the exam. Well, you just stepped in funloaded.org.ng, the only source expo website that doesn’t scam or fail students. What you will get here is nothing but correct questions and answers before the exam.
NOTE; We have made it easy for a student to be able to get legit 2020 waec Economics runz on time, we provide real and legit waec runz. say no to waec August/September stress and pass your waec exam at a single sitting and also this website is not only for WAEC August/September Only, Rather, all internal/external examination” be it waec, neco, jamb, nabteb, jupeb, ijmb, bece, sat, and other internal and external exams. We are the best legit exam portal, very legit, and reliable.
Getting A’s or B’s isn’t as simple as what you think, but with our powerful stronged assistance, I assure you of parallel Distinctions, You can check the past written examination on General Mathematics & Chemistry Practicals as We only dropped the verified answers to all our subscribers NIGHT or latest 6hours before the exam starts…
What are you still waiting for? Don’t forget to invite your friends, enemy, families and your neighbor sitting for any external or internal to subscribe with Funloaded for the upcoming WAEC August/September Exam package.
WAEC ECONOMICS EXAMINATION HAS BEEN SCHEDULED TO TAKE PLACE ON
X=80-9.8 | Y | z=25
X = 70.2 |
(i) Increasing returns ( level 0 to level 2)
(ii) Decreasing returns ( level 3 to level 6)
(iii) negative returns ( level 6)
The law of diminishing returns states that if increasing quantities of one factor are combined with a fixed supply of others in productions, a point is reached from which each extra variable factor added yields loss and less addition to the total output.
DRAW THE GRAPH
(i) The total product at any given level of labour input is equal to the sum of all the marginal product up to that
(ii) The MP is zero of the point where TP is maximum
Consumer goods can be defined as goods that mainly used for immediate purpose and which can not last long before it will expire.
It’s a consumer goods that can satisfy consumer wants.
Fixed capital: These are capital or assets that do not change their form in the process of production. It’s a durable asset of a business that can last for a very long time. Example land, building, tools etc
Social capital: These are these capital or assets provided by the government that helps production. It’s a capital set aside by the government to provide essential amenities to the general public in order to have standard of living. Example electricity, roads, water etc.
Circulating capital: This is also known as working capital. These consists of capital goods which with change their form or are used up in the process of production. It is a capital used in day to day transaction of a business. Eg raw material, water etc
(i) Economic growth: High growth and consumer confidence encourages higher spending and fall in saving ratio
(ii) Low income discourages savings
(iii) Inflation: High inflation may discourage cash saving.
Capital expenditure is primarily expenditure on the creation of fixed assets and on the acquisition of land, buildings and intangible assets while Recurrent expenditure refers mainly to expenditure on
operations, wages and salaries, purchases of goods and
services, and current grants and subsidies.
Monetary policy refers to government activities that are directed toward influencing the quantity of money and credit in an economy while Fiscal policy involves the use of government spending and revenue raising (taxation) to impact a number of aspects of the economy
(i) General Administrative Purposes: The administrative machinery of a country may collapse if there is
no money to maintain it; tax therefore forms one of the sources of
(ii) Defence Purposes: Taxation contributes part of the money used in maintaining a country’s armed forces.
(iii) The Maintenance of Law and Order: For internal peace and stability of a country to be guaranteed, laws
must be made and executed, which require money.
(iv) Redistribution of Incomes: To achieve this, income tax is made to be progressive in nature.
(i)Commercial farming is mainly practised in developed countries whereas subsistence farming in less developed or developing countries.
(ii) Commercial farming is cultivated for profits whereas subsistence farming is for the consumption of the farmer and his/her family.
(iii) Commercial farms are very large while that of the subsistence farming are quite small.
(iv) Commercial farming is not dependent much on man power or animal power whereas subsistence farming is dependent.
(v) In commercial farming, there are proper irrigation facilities whereas subsistence farming is generally dependent upon the monsoon.
(i) It is usually grown in a piece of land where the land is quite small in the area.
(ii) This type of farming is usually done for the food crop where the farming is done just to satisfy the requirement of the farmers family and not for the purpose of selling it into the market.
(iii) The machineries which are used for the farming process usually primitive.
(iv) Primitive form of irrigation or little irrigation is done for this type of farming.
(i) It serves as source of revenue for the government
(ii) It creates job opportunities for people in the area.
(i) It causes loss of valuable lands
(ii) It causes environmental pollution and pose health hazards
HOW TO GET 2020 WAEC ECONOMICS EXPO ANSWERS
↔Direct SMS: #800 MTN CARD
↔Online PIN:- #400 MTN CARD
↔WhatsApp Plan:- #600 MTN CARD
Direct SMS MEANS: all answers(theory & obj) will come directly to ur phone as SMS.
Online PIN MEANS: the Pin-to access our answers online.
ALL RECHARGE CARDS MUST BE MTN AND BE SENT TO 08032773749 ONLY.
HOW TO SUBSCRIBE: (Payment is via MTN Recharge Card Only)
(i) Payment name/Your name.
(ii) MTN Card Pins (If you don’t see N1000 card or N1500, you can combine 200, 400, e.t.c to sum to your plan amount.)
(iii) Amount Paid.
(iv) Phone number to 08032773749
When you’re registered, You’ll be told via SMS. The verification message comes within 2-24hours as from the moment you sent your message. If you didn’t get verification SMS, then resend your subscription.
Always Send Us Text SMS or WhatsApp to 08032773749 Of Your Complaint Even When Our Number Is Diverted Or Not Available, Your Message(s) Will Get To Us And We Will Reply You ASAP.
PLEASE NOTE: AVOIDING CALLING US ON PHONE AS WE ALWAYS RECEIVE HIGH VOLUME OF CALLS DAILY, WE ONLY ATTEND TO WHATSAPP/SMS MESSAGES & NO SENDING OF FAKE MTN RECHARGE CARD PINS.
I WISH YOU ALL GOOD LUCK 🤞…
NO PAYMENT NO PAPERS
PAYMENT BEFORE PAPERS
WAEC ECONOMICS SOLUTION
========================= Funloaded.org.ng send all exam expo answer earlier than others
WAEC GCE ssce 2020 Economics Theory expo answers, Ssce 2020 Economics Expo answers now available, May/June Economics Answers for 2020, Economics Questions WAEC Ssce Expo Answers Here, Free wassce Economics Theory objective, comprehension, summary, essay & theory correct Expo 2020 answers Runz WAEC Economics Theory,
WAEC Ssce 2020 Free Economics Theory essay, Theory Questions and Answers Expo for WAEC Economics Theory Paper 1 and Paper 2 Theory Questions and Answers Expo Now Posted, Free Economics Theory objective ans for internal ssce, see WAEC ssce expo Economics , essay questions for free,
loadedexpo correct wassce Economics ans, sure WAEC GCE ssce Economics Theory objective answers runz runs expo free real and correct WAEC ssce 2020 May/June Economics Theory free expo runz runs ans answers online for free see free answers online, 2020 Verified WAEC Free Ssce Economics Answers have been posted REAL WAEC SSCE Economics Theory QUESTIONS & ANSWERS Direct To Phone Number AS Text message,
2020 WASSCE Economics Theory (Expo) WAEC 2020 certified runs Economics Theory questions and answers WAEC SSCE November/December 2020 Economics / ESSAY / OBJ QUESTION AND EXPO I need WAEC ssce free expo site, how can I get WAEC Economics Theory answer for free, WAEC 2020 Economics Theory essay, Objective And Theory Question and Answer Now Posted,
Real 2020/2020 May/June wassce WAEC Economics Theory objective, essay and theory 100% correct expo questions and answers runz chokes runs, verified 2020 WAEC Economics , essay and obj WAEC Economics Theory expo website, WAEC ssce Economics Theory live cheats, sure November/December WAEC SSCE 2020 Economics Theory original objective, WAEC Fress Test of oral answers theory and essay questions and answer now available here,
100% WAEC ssce Economics Theory expo, 2020 wassce Economics Theory obj, essay and theory runz now posted, correct WAEC ssce Economics Theory objective, essay (theory) answer now ready, free 2020 wassce Economics Theory obj, theory and essay best expo site WAEC ssce Economics Theory questions and answers, the password for certified WAEC ssce Economics Theory essay theory obj expo, how to get/ where to get wassce Economics,
Expospy WAEC Economics Theory, 042tvseries WAEC 2020 Economics theory, examrelief WAEC Economics theory answer, WAEC2020 042tvseries Economics theory answer, school.naijagreen WAEC Economics theory answer 2020, wakagist WAEC 2020 Economics theory answer, earboard Economics theory answer, naijaexam WAEC Economics theory answer, essay and objective expo answer direct to my phone as text message, trusted WAEC ssce Economics Theory questions and answer,
i need WAEC Ssce May/June Economics Theory essay theory objective obj Expo 2020 answers on whatsapp, gidifans Economics Theory answer, WAEC English Test of Orals answer 2020, solutionclass Economics Theory answer, 042tvseries Economics Theory answer, codedexam WAEC Economics Theory answer, wapbaze Economics Theory answer, wapextra Economics Theory expo, Martinlibrary Economics Theory expo, examgists WAEC Economics Theory expo, WAEC Economics Theory objectives answer, naija WAEC GCE Economics Theory expo free answer.