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Economics Past Questions and Answers

Waec Economics Questions

Question 1511:
Which of the following measures will hinder efficient distribution of goods in West Africa
  • A Improving roads networks
  • B Provision of adequate storage facilities
  • C Instituting price control
  • D Formation of producers' co-operative societies
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Question 1512:
The type of unemployment that occurs as a result physical or mental disability of labour is known as
  • A Frictional unemployment
  • B Structural unemployment
  • C Cyclical unemployment
  • D Residual unemployment
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Question 1513:
One relationship between marginal utility and total utility. When total is
  • A Rising, marginal utility is rising
  • B Falling, marginal utility is negative
  • C Maximum, marginal utility is maximum
  • D Falling, marginal utility is rising
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Question 1514:
One feature of a growing population
  • A Increase in the number of young people
  • B Increase in the number of old people
  • C Decrease in the dependent population
  • D Decrease in the life expectancy
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Question 1515:
Efficiency of labour in a country is determined by the following factor except the
  • A Social attitude to work
  • B Education and training
  • C Working conditions of workers
  • D Total polulation
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