NATIONAL OPEN UNIVERSITY OF NIGERIA
14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS
SCHOOL OF MANAGEMENT SCIENCES
MARCH/APRIL 2014 EXAMINATION
COURSE CODE: ACC 320 TIME ALLOWED: 2 HRS
COURSE TITLE: ECONOMICS AND BUSINESS ENVIRONMENT
CREDIT UNIT: 2
Instructions: 1. Attempt question Number one (1) and any other two (2).
2. Question number 1 is compulsory and carries 30 marks, while the other
two questions carry equal marks each.
3. Present all your points in coherent and orderly manner.
Question 1.
Compare the conventional and Avent Marshall‘s e. business driven IT management approaches.
Question 2.
What do you mean by traditional balance of payments adjustment mechanism? (25 marks)
Question 3.
Briefly elucidate the militating effect of urban unemployment in Nigeria. (20 marks)
Question 4.
The money market in Nigeria employs for major instruments. Discuss. (25 marks)
Question 5.
A. Define the concept of Elasticity?
B. With the help of a diagram, explain how a rise in the price of a perfectly elastic good affects
the total revenue of a firm.
You can get the soft copy for this course or the exam summary answers for this course from 08039407882
Check anoda sample below
