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Economics Past Questions and Answers

Economics Questions

Question 2236:
WAEC 1990
Outline the difficulties encountered by tax collectors in Nigeria.
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    Question 2237:
    WAEC 1990
    Give reasons for development planning in Nigeria.
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      Question 2238:
      WAEC 1990
      How can the Nigerian National Petroleum Corporation achieve internal economies of scale?
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        Question 2239:
        WAEC 1991
        The price system refers to the system by which
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        • A The government controls price in the economic system
        • B Prices tends to rise to a general level
        • C Price allocates resources between consumer and producer goods
        • D Government allocate resources to consumers and producers
        • E The producers fix the price for their products
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        Question 2240:
        WAEC 1991
        Choice is necessary because resources
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        • A Are available
        • B Can be found everywhere
        • C Are constant
        • D Are scarce
        • E Are unlimited
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