279 prompts matching "Scarcity, choice and the fundamental economic problem"
WAEC prep: Four factors that influence the location of an industry
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on four f
Quiz: Calculating the multiplier from the MPC or MPS
I am revising Elementary Theory of Income Determination for SS2 Economics. Test me on calc
Let me explain: The equilibrium level of income as the point where planned injections equal planned withdrawals
Let me talk you through the equilibrium level of income as the point where planned injecti
Real-life Nigeria: Board construction of the four-sector circular flow
Show me how board construction of the four-sector circular flow works in real life in Nige
WAEC prep: Why a high propensity to import reduces the value of the multiplier
Act as my WAEC Economics examiner. I am in SS2. Set me an exam-standard question on why a
Spot my mistake: Banking and non-banking financial institutions
Write a short SS2 Economics answer about banking and non-banking financial institutions th
Practice set: Using a bank loan, commercial paper or a share issue, with two reasons for the recommendation
Give me a practice set on using a bank loan, commercial paper or a share issue, with two r
Practice set: Calculating the unemployment rate from the labour force table provided, showing working
Set me five practice tasks on calculating the unemployment rate from the labour force tabl
Teach me: The meaning of inflation
I am an SS2 student studying Inflation in Economics. Explain the meaning of inflation to m
Spot my mistake: Calculating the percentage change in a price index over two years to one decimal place
Show me a worked example on calculating the percentage change in a price index over two ye
Let me explain: The causes of deflation, separating deflation from rising productivity from deflation caused by
Act as my study partner. I will teach you the causes of deflation, separating deflation fr
Spot my mistake: The consequences of deflation, including deferred consumption
Show me a worked example on the consequences of deflation, including deferred consumption
Practice set: Using the MPI table provided, identify the three states with the highest poverty headcount
Set me five practice tasks on using the MPI table provided, identify the three states with
Spot my mistake: Whether raising the national minimum wage is the best way to reduce poverty in Nigeria
Show me a worked example on whether raising the national minimum wage is the best way to r
Practice set: Calculating the percentage of total export earnings coming from crude oil
Set me five practice tasks on calculating the percentage of total export earnings coming f
Practice set: Three methods of trade protection other than tariffs
Set me five practice tasks on three methods of trade protection other than tariffs, at the
Spot my mistake: Whether protecting infant industries benefits an economy
Show me a worked example on whether protecting infant industries benefits an economy with
Spot my mistake: Interpreting population pyramids, calculate the dependency ratio
Give me a wrong or muddled explanation of interpreting population pyramids, calculate the
Project task: Drawing Nigeria's population pyramid from National Population Commission age-band data
Set me a small project on drawing Nigeria's population pyramid from National Population Co
Practice set: Two effects of a falling death rate on the age structure of a population
Set me five practice tasks on two effects of a falling death rate on the age structure of