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Economics

AI prompts for senior secondary learners.

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291 prompts matching "Calculating the average and marginal propensities to consume"

Spot my mistake: Taking over-population to mean simply a large population

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Spot my mistake: Confusing the balance of trade with the balance of payments

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Spot my mistake: Assuming a country rich in natural resources must therefore be a developed one

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Spot my mistake: Reading a point inside the production possibility curve as impossible rather than inefficient

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Spot my mistake: Confusing the geographical mobility of labour with its occupational mobility

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Spot my mistake: Assuming a firm should shut down as soon as it begins to make a loss

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Spot my mistake: Treating a debenture holder as an owner of the company

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Spot my mistake: Treating population density as the same thing as population size

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Spot my mistake: Treating a rise in the price of one good as inflation

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Spot my mistake: Calling a tax progressive because the amount paid rises with income

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Spot my mistake: Assuming devaluation improves the balance of payments immediately

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Spot my mistake: Reading ECOWAS membership as an automatic right to work in any member state

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Spot my mistake: Assuming OPEC fixes the world price of crude oil directly

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WAEC prep: Economics as a social science, and what its subject matter covers

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on e

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WAEC prep: Percentages, ratios and index numbers

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Let me explain: A movement along a supply curve against a shift of the curve

I have just studied a movement along a supply curve against a shift of the curve in my SS3

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WAEC prep: Abnormal supply curves, including the backward-bending supply of labour

Act as a WAEC/NECO Economics examiner. I am in SS 3. Set me five exam-style questions on a

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WAEC prep: The law of diminishing returns

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WAEC prep: Co-operative societies and public corporations

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WAEC prep: Over-population, under-population and optimum population

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