Economics WAEC - Page 127 of 319 - Erudites Academy

One of the objectives of Nigeria’s current population policy is to?

by Sunday | Aug 2 | Economics WAEC

A. reduce the birth rate B. reduce the emigration rate C. increase the birth rate D. enhance longevity Correct Answer: Option A – reduce the birth rate

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

by Sunday | Aug 2 | Economics WAEC

A. dependency is ratio high B. population is optimum C. active population is large D. population is growing according to Malthus theory Correct Answer: Option A – dependency is ratio high

In the diagram below, profit is maximized at 1 he output level?

by Sunday | Aug 1 | Economics WAEC

A. ON B. OK C. OL D. OF Correct Answer: Option C – OL

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

The shaded triangle in the diagram below is known as?

by Sunday | Aug 1 | Economics WAEC

A. excess supply B. consumer surplus C. excess consumption D. producer surplus Correct Answer: Option B – consumer surplus

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

In the diagram above, the price P2 in price control situation is referred to as?

by Sunday | Aug 1 | Economics WAEC

A. minimum price B. markup price C. maximum price D. mark-down price Correct Answer: Option C – maximum price

In a country, if the proportion of people who are below 15 years is 45% and those above 60 years is 30%, this implies that the?

In the diagram above, full employment is indicated by?

by Sunday | Aug 1 | Economics WAEC

A. L B. M C. N D. P Correct Answer: Option B – M

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