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Economics Past Questions and Answers

Waec Economics Questions

Question 1741:

Human development can be improved if

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A Banks give more loans to businessmen
B Large family sizes are encouraged
C General education and training are encouraged
D It is handled by the private sector only

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Question 1742:

The use of interest rates to control the money supply is a

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A Control policy
B Monetary policy
C Developmental policy
D Fiscal policy

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Question 1743:

Agricultural productivity may be increased if

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A Educational institutions are established in rural areas
B Commercial banks are established in rural areas
C More infrastructural facilities are provided in rural areas
D Labour intensive method of agriculture is encouraged

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Question 1744:

Which of the following is a major advantage of establishing a tomato-processing factory in a country?

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A Local consumption will decrease
B More unskilled labour will be employed
C Foreign exchange will be conserved
D It will attract more tourists

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Question 1745:

A country is described as industrialized if

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A The contributions of industries to national income are high
B Traditional and modern sectors coexist
C The country adopts an import promotion strategy
D Primary industries dominate the economy

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