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Economics Past Questions and Answers

Waec Economics Questions

Question 506:

Occupational distribution of population is mainly influenced by

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A Economic factors
B Religious factors
C Geographical factors
D Social factors

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Question 507:

proportional tax refers to

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A Taxation of the rich only
B Equal tax rate for all people
C Unequal tax rate for all people
D Taxation of civil servants only

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Question 508:

which of the following is not n item of capital expenditure?

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A Construction of highways
B Building of dams
C Payment of salaries and wages
D Building of a new universities

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Question 509:

The population which yields the highest level of income per head is known as

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A Over-population
B Under-population
C Extreme population
D Optimum population

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Question 510:

Price discrimination can only occur when there is

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A Perfect competiton
B Imperfect competition
C A merge
D Partnership

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