by Sunday | Mar 28 | Economics WAEC
Use this data below to answer the question The following data relates to the national income of a country. Gross domestic product = $2800 Net factor income from abroad = $250 Depreciation = $700 Indirect taxes = $120 A. $ 3.050 B. $ 2.680 C. $ 2,350 D. $2,100 Correct...
by Sunday | Mar 28 | Economics WAEC
A. To make businesses more profitable B. Government is able to participate and control the operation of the privatized businesses C. Members of the public are able to acquire shares D. It encourages the inflow of capital and expertise from local and foreign sources...
by Sunday | Mar 28 | Economics WAEC
A. the existence of required materials for production B. availability of population of buyers C. adequate supply of power, good road and rail network D. the activities of politicians in deciding location of firms Correct Answer: Option D – the activities of...
by Sunday | Mar 28 | Economics WAEC
A. The introduction of mechanized farming B. reclamation and irrigation C. increase in prices of land D. conversion of building sites to farmlands Correct Answer: Option B – reclamation and irrigation
by Sunday | Mar 28 | Economics WAEC
The age distribution of a country’s population is shown below. Use the information is answer the question below. Age group (YEARS) Population 0 – 15 16 – 40 41 – 60 Over 60 30% 45% 15% 10% A. 2:3 B. 3:2 C. 1:2 D. 6:1 Correct Answer:...
by Sunday | Mar 28 | Economics WAEC
The age distribution of a country’s population is shown below. Use the information is answer the question below. Age group (YEARS) Population 0 – 15 16 – 40 41 – 60 Over 60 30% 45% 15% 10% A. 75% B. 60% C. 45% D. 15% Correct Answer: Option B =...
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