Economics WAEC

Economic growth specifically refers to the?

A. reliance on imported goods in preference to home-made goods
B. sustained increase in the output of goods and services per head
C. change in technical and institutional arrangement of the economy
D. continued to increase in the depletion of a country’s natural resources
E. increase in the total number of people in the economy

Correct Answer:

Option B – sustained increase in the output of goods and services per head

Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

11 months ago