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Economics Past Questions and Answers

Waec Economics Questions

Question 551:
which of the following is a function of the retailer?
  • A Provision of storage facilities
  • B Financing manufacturers
  • C Stocking variety of goods
  • D Advertisement of goods
View Answer & Explanation
Question 552:
The supply of labour can be influenced by the
  • A Size of the population
  • B Stage of economic development
  • C Size of the country
  • D Extent of the market
View Answer & Explanation
Question 553:
Majority of West African labour force is engaged in
  • A Industrial production
  • B Agricultural production
  • C Mining industry
  • D Construction industry
View Answer & Explanation
Question 554:
census of population is usually conducted every
  • A 20 years
  • B 15 years
  • C 10 years
  • D 7 years
View Answer & Explanation
Question 555:
one economic implication of over-population is that it
  • A Leads to low demand s of goods
  • B Reduce balance of payment difficulties
  • C Leads to a fall in per capital income
  • D Reduce pressure on the available social facilities
View Answer & Explanation