NECO Past Questions and Answers - Page 227

1,131.

The types of unemployment that evolved the use of machines to replaces human labour is known as

A.

Cyclical unemployment

B.

Frictional unemployment

C.

Seasonal unemployment

D.

Structural unemployment

E.

Technological unemployment

Correct answer is B

No explanation has been provided for this answer.

1,132.

The introduction of money into the economy has helped to resolve the following problems EXCEPT

A.

Accessibility of needs

B.

Availability of goods

C.

Coincidence of wants

D.

Making deferred payments

E.

Measure and store of value

Correct answer is A

No explanation has been provided for this answer.

1,133.

The following are the main problems of distribution of essential commodities in Nigeria EXCEPT

A.

Excessive demand

B.

Hoarding of goods

C.

Long chain of distribution

D.

Poor storage facilities

E.

Poor transportation network

Correct answer is A

No explanation has been provided for this answer.

1,134.

When total utility is at maximum, then marginal utility is

A.

Decreasing

B.

Increasing

C.

Maximum

D.

Negative

E.

Zero

Correct answer is E

No explanation has been provided for this answer.

1,135.

A body is launched from the earth’s surface, of radius R, so that it just escapes from the gravitational influence of the earth; If the gravitational constant is G and the mass of the earth is M, what is the escape velocity of the boby.

A.

\(\sqrt{2GM}\) รท R

B.

\(\frac{\sqrt{2GM}}{R}\)

C.

\(\frac{\sqrt{2G}}{MR}\)

D.

\(\sqrt{2GMR}\)

E.

\(\frac{\sqrt{R}}{2GM}\)

Correct answer is B

No explanation has been provided for this answer.