Economics Exam Questions and Answers for SS2
These Economics questions and answers were pulled from our book (Economics questions for ss2); Compiled to serve as a reference material to help teachers draw up test and exam questions faster. It could also help students assess their level of exam preparation. Each sample question includes correct answers.
Sample Economics Exam Questions and Answers
AGRICULTURE IN WEST AFRICA
DIRECTION: Choose the correct answer from the lettered options.
1. Which of the following is NOT an agricultural problem in Nigeria?
A. Peasant resistance to innovations.
B. Much fragmentation of land.
C. Lack of storage facilities.
D. Availability of advanced agricultural technology.
2. Which of the following is NOT a policy measure adopted by the government to improve productivity of agriculture in Nigeria?
A. Green Revolution (GR)
B. National Accelerated Food production project (NAFPP)
C. National Poverty Eradication Program (NAPEP)
D. Operation Feed the Nation (OFN)
3. Which of the following measures will NOT improve agricultural production in West Africa?
A. Increased cost of inputs.
B. Provision of modern storage facilities.
C. Mechanization of agriculture.
D. Effective control of pests and diseases.
4. The role of government in promoting agricultural development includes the following EXCEPT _______.
A. paying the wages of all farmers
B. establishing and funding research
C. formulation of policies
D. provision of rural infrastructure
5. The component of agriculture that has to do with the preservation and maintenance of economic trees is known as ______.
A. crop farming
B. fishing
C. forestry
D. hunting
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BASIC TOOLS OF ECONOMIC ANALYSIS
DIRECTION: Choose the correct answer from the lettered options.
1. The standard deviation of an ungrouped data is calculated by using the formula.
A. √∑(x – x-)2 /n
B. ∑f(d)/∑f
C. ∑(x – x)-2
D. ∑(x – y)-2
2. Which of the following is a measure of dispersion?
A. Variance
B. Graph
C. Mean
D. Median
3. The algebraic notation Q = f(p) means that _______.
A. quantity (Q) is a function (f) of price (P)
B. quantity (Q) is equal to a function (f) of price (P)
C. quantity (Q) is equal to function (f) multiplied by price (P)
D. quantity (Q) is directly proportional to price (P) as a function (f)
4. When the marginal product is zero, total product must be _____.
A. maximum
B. positive
C. negative
D. increasing
E. minimum
5. The marginal and average products are equal when the average product is _____.
A. falling
B. rising
C. at a minimum
D. at a maximum
E. constant
