by Sunday | Aug 6 | Economics WAEC
A. in solving unemployment problem B. to ensure equitable population redistribution relative to natural resources C. in deciding on the creation of more local government D. in providing a second basis for formulating development policy Correct Answer: Option D –...
by Sunday | Aug 5 | Economics WAEC
A. The infrastructural facilities in cities B. Declining fertility of rural farmlands C. Rural electrification programme D. Higher living standards in urban areas Correct Answer: Option C – Rural electrification programme
by Sunday | Aug 5 | Economics WAEC
A. a population where the average age is falling B. the population within the ‘0 -14’age bracket C. the economically active segment of the population D. the dependent population Correct Answer: Option C – the economically active segment of the...
by Sunday | Aug 5 | Economics WAEC
A. socialist economy B. capitalist economy C. subsistence economy D. mixed economy Correct Answer: Option A – socialist economy
by Sunday | Aug 5 | Economics WAEC
A. distribute resources equally among competing ends B. ensure efficient allocation of resources in the economic system C. allocate goods and services equally D. minimize cheating Correct Answer: Option B – ensure efficient allocation of resources in the...
by Sunday | Aug 5 | Economics WAEC
It is impossible to satisfy all human wants because? A. areas of fertile land are very limited B. oceans and seas limit land space for farming C. resources are not equitably distributed D. available resources are limited Correct Answer: Option D – available...