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Economics Past Questions and Answers

Waec Economics Questions

Question 681:

One of the criticisms of population increase is that it result in

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A A rise in people's standard of living
B Low level of illiteracy
C Low level of taxation
D Increase in government expenditure

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Question 682:

Which of the following is not likely to be an effect of a growing population?

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A Rise in demand
B Unemployment
C Fall in standard of living
D High per capita income

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Question 683:

Census figure of most countries in West Africa is inaccurate because of

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A Low cost of enumeration
B Low per capita income
C High degree of illiteracy
D High level of civilization

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Question 684:

Which of the following is a problem of trade by barter?

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A Exchange rate determination
B Hoarding
C How to produce
D What to produce

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Question 685:

Cheques are not money because

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A There use is confined to business hours
B There are few banks in the rural areas
C They are not generally acceptable as a medium of exchange
D They are not issued by government

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