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Economics Past Questions and Answers

Waec Economics Questions

Question 841:
The production factor, whose entire world supply is fixed is
  • A Land
  • B Skilled labour
  • C Capital goods
  • D Entrepreneur
View Answer & Explanation
Question 842:
when all factors input are reduced by half, the production possibility curve will shift
  • A Outwards
  • B Inwards
  • C Downwards
  • D Upwards
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Question 843:
when a worker changes from one tye of job to another, it is called
  • A Geographical mobility of labour
  • B Occupational mobility of labour
  • C Immobility of labour
  • D Rural-urban migration
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Question 844:
which of the following determines the size of a country's population ? (I) Birth rate (II) Death rate (III) Migration rate (IV) Importation rate (V) Unemployment rate
  • A (I), (II) and (V)
  • B (II) and (IV)
  • C (I),(II) and (III)
  • D (IU) and (V)
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Question 845:
Age distribution is important because it helps the government to
  • A Check rural-urban drift
  • B Determines the number of foreigners
  • C Determines the number of factories
  • D Undertake effective planning
View Answer & Explanation