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Economic-Obj NOTE: Pls kindly trace it from your system. The options are being reshuffled. You might see number 1 as any number, so trace and be fast. You might also see option A as option C, B or D. Just use the answers in words and and trace properly. Kindly Trace it 🙏 carefully to avoid errors!!!! 1: (D) a reduction in the contribution of agriculture to the national income. 2: (C) buying in bulk from the producers. 3: (D) subtracting depreciation allowance from Gross National Income (GNI). 4: (C) is parallel to the x-axis 5: (B) everyone in the society cannot have all the quantities they want. 6: (D) quota 7: (D) decreases 8: (D) there is a rise in birth rate and fall in death rate. 9: (C) gold 10: (C) subsidize the production of goods. 11; (C) gross domestic product at factor cost 12; (C) shift to the right 13; (C) internal economies of scale 14; (C) the number of producers of a commodity. 15; (D) Fixed cost is spread over more units of output 16; (B) a limited partner 17; (B) establishment of agro-processing industries. 18; (B) increasing workers' productivity. 19; (A) High intrinsic value 20; (B) enjoy the benefits of international trade. 21: (D) the rigorous procedures involved in its formation. 22: (D) a leftward shift of its demand curve. 23: (C) remain unchanged 24: (A) undertake effective planning. 25: (A) Acting as lender of last resort 26: (B) an increase in company profit tax. 27: (C) embark on massive infrastructural development. 28: (D) complementary supply. 29: (D) composite demand 30: (D) industrialization. 31: (c) is not a true representation of all the data. 32: (c) rate at which the Central Bank discounts commercial banks' bills of exchange. 33: (a) short run 34: (c) of instability in politics and policies of governments. 35: (b) derived demand. 36: (C) inferior. 37: (D) fixed inputs exceed variable inputs. 38: (a) technological utilization is low. 39: (c) beverages manufactured by local firms. 40: (a) supply of labour for the job. 41: (d) Prices are regulated 42: (D) finance their budget deficit 43: (a) personal income tax. 44: (a) buyers and sellers must be in close communication. 45: (C) Soft beverage 46: (B) Reduction in bank's lending to the producer 47: (c) articles of association 48: (C) value in monetary terms of final output less inputs used. 49: (C) cyclical unemployment 50: (b) communal system of land ownership.

No 1

(8a) Solid mineral resources are naturally occurring inorganic substances found in the earth’s crust in solid form, such as gold, limestone, coal, tin, iron ore and gypsum, which have economic value and can be mined for industrial and commercial use. (8b) (i) Source of revenue and foreign exchange: Minerals exported to other countries generate income for the government through taxes, royalties and export earnings, helping to fund national development. (ii) Industrial development: Mineral resources provide raw materials for industries such as cement (limestone), steel (iron ore), energy (coal), and electronics (tin), thereby promoting industrial growth. (iii) Employment opportunities: Mining activities create jobs for geologists, engineers, miners, transporters and other workers, reducing unemployment and improving household income. (8c) (i) Provision of incentives to local industries: Government can offer tax holidays, reduced import duties on equipment, and financial grants to companies that invest in mineral processing plants. (ii) Development of infrastructure: Building reliable electricity supply, good roads, water systems and transport networks reduces production costs, making local processing more attractive to investors. (iii) Establishment of favourable policies and regulations: Government can create laws that restrict the export of unprocessed minerals, while promoting value addition by supporting research, training, and local technology development.

*WAEC-GCE-ECONOMICS* (4a) Hoarding is the practice of accumulating and storing large quantities of goods, often to create artificial scarcity and drive up prices, while rationing is a government-imposed policy of controlling the distribution and limiting the amount of goods each person can purchase, typically during times of shortage. (4b) (i)Buys goods in large quantities directly from manufacturers. (ii)Breaks bulk and sells goods in smaller quantities to retailers. (iii)Provides storage facilities for goods. (iv)Offers transportation services to deliver goods to retailers. (4c) (i)Inadequate Infrastructure Poor infrastructure, such as bad road networks, limited access to ports, and unreliable power supply, significantly hinders the efficient movement and storage of goods. This can lead to frequent transportation delays, increased wear and tear on vehicles, and an inability to access remote areas, ultimately slowing down the entire supply chain process. (ii)High Transportation Costs Transportation expenses often account for a large portion of a product's final price. Inefficient routes, a lack of fuel-efficient vehicles, and rising fuel prices contribute to these high costs. These expenses make goods less affordable for consumers and reduce profit margins for businesses, especially for small-scale producers with limited access to cost-effective logistics. (iii)Inefficient Inventory Management Balancing inventory levels is a critical challenge. Inaccurate demand forecasting can lead to either overstocking (which increases storage costs) or understocking (which results in product shortages and lost sales). Without proper systems, human error in tracking stock levels can create discrepancies and operational disruptions, making it difficult to meet customer demand reliably. (iv)Lack of Supply Chain Visibility Many distribution systems lack real-time visibility and information sharing among all stakeholders, from suppliers to customers. This makes it difficult to track shipments, anticipate potential disruptions (like vehicle breakdowns or port congestion), and manage the flow of goods effectively. The absence of a clear, end-to-end view of the supply chain leads to communication breakdowns, misaligned expectations, and an inability to respond quickly to problems.

(5a) (i) Food crop farming involves the cultivation of crops mainly for direct human consumption, while cash crop farming involves growing crops primarily for sale and export to generate income. (ii) Food crops such as maize, yam, cassava and vegetables are produced mainly to feed the local population, while cash crops like cocoa, rubber, cotton and oil palm are produced mainly for industrial use and foreign exchange. (iii) Food crop farming is usually practiced on small to medium-size farms, while cash crop farming is often practiced on large-scale commercial farms. (iv) Food crop farming generally requires less capital and technology, while cash crop farming typically requires higher capital investment, machinery and modern inputs. (5b) (i) Use of modern machines such as tractors and harvesters. (ii) Large expanse of land is cultivated. (iii) High capital investment is required. (iv) Production is carried out on a commercial scale. (5c) (i) Supply of farm inputs and machinery: The industrial sector manufactures fertilizers, pesticides, tractors, ploughs, irrigation equipment and other implements that enhance farm productivity. (ii) Development of storage and preservation technologies: Industries produce silos, cold rooms, refrigerators, drying machines and packaging materials that help preserve agricultural products and stabilize food supply. (iii) Creation of markets for agricultural products: Agro-based industries increase demand for raw materials such as cocoa, cotton, cassava, milk and oil seeds, thus encouraging farmers to increase production. (iv) Employment generation for rural communities: The industrial sector creates jobs in processing plants, transport, marketing and equipment maintenance, raising rural income and supporting agricultural expansion.

*WAEC-GCE-ECONOMIC* (3a) A capitalist economic system is one where private individuals or entities own and control property and the means of production, and where market forces like supply and demand determine prices and resource allocation. (3b) (i)Economic Freedom and Choice: Capitalism emphasizes freedom for individuals to choose what to consume, produce, and invest in. This consumer choice and economic freedom are often seen as advantages over a state-controlled, centrally planned socialist economy. (ii)Economic Growth and Efficiency: The system encourages competition and self-interest, which can lead to greater innovation, efficiency, and overall economic growth. The drive for profit and market competition incentivizes businesses to be more productive and responsive to consumer demand. (iii)Limited Government Intervention: Capitalism typically involves a limited role for the government, primarily to protect private property rights and ensure an orderly market environment. This can lead to lower taxes and fewer bureaucratic hurdles compared to some socialist systems where the government has a much larger, more controlling role. (3c) (i)Addressing Inequality: Pure capitalism can lead to significant wealth concentration and inequality. A mixed economy uses government policies, such as progressive taxation and social welfare programs (e.g., unemployment benefits, public healthcare), to redistribute wealth and provide a social safety net, addressing some of the negative impacts of inequality. (ii)Providing Public Goods and Regulation: Capitalism, left unregulated, can result in market failures and a lack of public goods (like infrastructure or environmental protection). A mixed economy allows for government intervention and regulation to provide these essential services, protect consumers and the environment, and stabilize the economy.

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*NABTEB GCE 2025 AGRIC PRACTICAL ANSWERS (TYPE B)* (1a) I: Rostellum II: Hooks III: Suckers IV: Neck V: Proglottid (1b) (i) Egg (ii) Miracidium (iii) Cercaria (1c) (i) Reduced productivity (ii) May lead to death (iii) Emaciation/loss of weight (iii) Inflammation of the liver (iv) Loss of coordination (1d) (i) Deworming/treat infected animals (ii) Use of rotational grazing (iii) Applying molluscicides to kill snails ============================ (2a) Disc plough (2b) I - Furrow wheel II - Beam/frame III - Disc standard IV - Disc scraper V - Disc (2c) Used for turning and breaking up the soil before planting. (2d) (i) Tighten loose bolts and nuts. (ii) Grease all metal and movable parts. (iii) Replace broken and worn-out parts. (iv) Remove soil particles on metal blades to avoid rusting. ============================ (3ai) Rubber tapping (3aii) II. tapping spout III. Collection cup (3aiii) I. Collects latex flowing from plants and serves as a pathway for the latex to flow through. II. Guides flowing latex into the cup. III. Stores the latex temporarily. IV. Holds the collection cup in place. (3aiv) Footwear industries/shoe manufacturing industries (3b) [TABULATE PLEASE] (i) White Fly - Piercing and sucking (ii) Stem Borer - Boring and chewing (iii) Cotton Stainers - Piercing and sucking (iv) Cassava Mealybug - Piercing and sucking (v) Yam Beetle - Biting and chewing (vi) Bean Beetle - Biting and chewing ============================ (4a) I. Tassel II. Styles(silk) III. Ear/cob IV. Stem V. Roots (4b) Sexual propagation by seeds (4c) (i) Drying (ii) Milling/grinding (iii) Roasting (iv) Sieving (4d) Combine harvester (4e) (i) maize smut (ii) maize rust (4f) (i) Practicing crop rotation (ii) Seed treatment with fungicides ============================ *COMPLETED*

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*NABTEB GCE 2025 AGRIC PRACTICAL ANSWERS (TYPE A)* (1a) I. Tassel II. Styles(silk) III. Ear/cob IV. Stem V. Roots (1b) Sexual propagation by seeds (1c) (i) Drying (ii) Milling/grinding (iii) Roasting (iv) Sieving (1d) Combine harvester (1e) (i) maize smut (ii) maize rust (1f) (i) Practicing crop rotation (ii) Seed treatment with fungicides ============================ (2ai) Rubber tapping (2aii) II. tapping spout III. Collection cup (2aiii) I. Collects latex flowing from plants and serves as a pathway for the latex to flow through. II. Guides flowing latex into the cup. III. Stores the latex temporarily. IV. Holds the collection cup in place. (2aiv) Footwear industries/shoe manufacturing industries (2b) [TABULATE PLEASE] (i) White Fly - Piercing and sucking (ii) Stem Borer - Boring and chewing (iii) Cotton Stainers - Piercing and sucking (iv) Cassava Mealybug - Piercing and sucking (v) Yam Beetle - Biting and chewing (vi) Bean Beetle - Biting and chewing ============================ (3a) Disc plough (3b) I - Furrow wheel II - Beam/frame III - Disc standard IV - Disc scraper V - Disc (3c) Used for turning and breaking up the soil before planting. (3d) (i) Tighten loose bolts and nuts. (ii) Grease all metal and movable parts. (iii) Replace broken and worn-out parts. (iv) Remove soil particles on metal blades to avoid rusting. ============================ (4a) I: Rostellum II: Hooks III: Suckers IV: Neck V: Proglottid (4b) (i) Egg (ii) Miracidium (iii) Cercaria (4c) (i) Reduced productivity (ii) May lead to death (iii) Emaciation/loss of weight (iii) Inflammation of the liver (iv) Loss of coordination (4d) (i) Deworming/treat infected animals (ii) Use of rotational grazing (iii) Applying molluscicides to kill snails ============================ *COMPLETED*

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PHYSICS-PRACTICAL-ANSWERS-(TYPE B)👇🏻👇🏻

PHYSICS-PRACTICAL-ANSWERS-(TYPE B)👇🏻👇🏻

2025-NABTEB-GCE-PHYSICS-PRACTICALS (TYPE-A )👇🏻👇🏻