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Economics Past Questions and Answers

Waec Economics Questions

Question 806:
which of the following will ensure efficiency in the in the industrial sector of your country?
  • A Indigenization
  • B Privatisation
  • C Nationalization
  • D Liquidation
View Answer & Explanation
Question 807:
The number of people who are qualified to work and who offer themselves for employment are called
  • A Migrant labour
  • B Working population
  • C Labour turnover
  • D Mobility of labour
View Answer & Explanation
Question 808:
When the general price level persistently falls, the rate of unemployment
  • A Rises
  • B Stagnates
  • C Rapidly reduces
  • D Equal natural groth rate
View Answer & Explanation
Question 809:
Which of the following is not a direct effort to increase agricultural production?
  • A Operation feed the nation
  • B Use of improved seedlings
  • C Increased loans to farmers and co-operative societies
  • D Ntional Yputh Service Corps
View Answer & Explanation
Question 810:
To ensure high employment rate, developing countries should
  • A Build more universities
  • B Protect infant industries
  • C Organize trade fairs
  • D Prevent rural-urban drift
View Answer & Explanation