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2121
Development planning which take an overall view of the economy is described as
  • A. aggregate economic planning
  • B. disaggregate economic planning
  • C. sectorial economic planning
  • D. system economic planning
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2122
The national income of a country can be estimated by the
  • A. cost-benefit method
  • B. distribution method
  • C. expenditure method
  • D. consumption method
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2123
which of the following is excluded when making national income?
  • A. dividends
  • B. wage and salaries
  • C. transfer of payments
  • D. profits
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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2124
The Economic Community of West African States (ECOWAS) has been been slow in achieving its objective sbecause of
  • A. political instability in member state
  • B. the activities of multinationals
  • C. inadequate personnel at the secretariat
  • D. inadequate international support
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2125
A major achievement of the Organization of Petroleum Exporting Countries (OPEC) is that
  • A. crude oil price has increased tremendously
  • B. petroleum product price have remained low
  • C. producing countries are highly industrilized
  • D. price of crude oil has remained relatively state
View Answer & Discuss WAEC 2004
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