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Thursday, 12 November 2026
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Economics Past Questions and Answers

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Waec Economics Questions

Question 896:
WAEC 2006
The study of economics enables the individuals to
SchoolNGR Classroom
  • A Change jobs
  • B Evades taxes
  • C Accumulate huge wealth
  • D Make rational decisions
View Answer & Explanation
Question 897:
WAEC 2006
The study of economics enables the individuals to
SchoolNGR Classroom
  • A Change jobs
  • B Evades taxes
  • C Accumulate huge wealth
  • D Make rational decisions
View Answer & Explanation
Question 898:
WAEC 2006
Most of the problems of economics arises as a result of
SchoolNGR Classroom
  • A Competing demand for scarce resources
  • B Increase in the demand for more goods and services
  • C The desire of producers to supply more goods and services
  • D The need to reduce the level of poverty
View Answer & Explanation
Question 899:
WAEC 2006
which of the following tool of economic analysis is used when data contains more than one category?
SchoolNGR Classroom
  • A Bar charts
  • B Component bar charts
  • C Graphs
  • D Symbolical sratement
View Answer & Explanation
Question 900:
WAEC 2006
The reward to capital as a factor of production is
SchoolNGR Classroom
  • A Rent
  • B Wage
  • C Interest
  • D Commission
View Answer & Explanation

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