by Sunday | May 26 | Economics WAEC
A. rise in demand B. unemployment C. fall in standard of living D. high per capita income Correct Answer: Option D D. high per capita income
by Sunday | May 26 | Economics WAEC
A. a rise in people’s standard of living B. low level of illiteracy C. low level of taxation D. increase in government expenditure Correct Answer: Option D D. increase in government expenditure
by Sunday | May 26 | Economics WAEC
A. Higher death rate may lead to low productivity B. Population may outgrow the means of subsistence C. people will always decide to have children D. migration may leave some parts of the world barren Correct Answer: Option B B. Population may outgrow the means of...
by Sunday | May 26 | Economics WAEC
A. Optimum population whenever achieved does not change B. Under-population implies that available resources are not used to full capacity C. Over-population leads to a higher per capital output D. Optimum population leads to overcrowding of cities Correct Answer:...
by Sunday | May 26 | Economics WAEC
A. has a joint demand with another commodity B. is demanded by the rich only C. is demanded for immediate consumption D. is demanded because of what it can help to produce Correct Answer: Option D D. is demanded because of what it can help to...