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Economics Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4621

A small scale firm located within an industrial estate will enjoy

  • A. government protection and funding
  • B. technological economies of scale
  • C. financial economies of scale
  • D. external economies of scale
View Answer & Discuss WAEC 2023
4622

Country M enjoys absolute advantage over country N in the production of commodities X and Y, if country M

  • A. is inefficient in the production of both commodities X and Y
  • B. is more efficient than country N in producing both commodities X and Y
  • C. can produce only commodity Y cheaper than country N
  • D. and country N are efficient in the production of both goods
View Answer & Discuss WAEC 2023
4623

Commericial banks help in economic development mainly by

  • A. acting as trustees and executors of wills
  • B. acting as intermediaries between government and borowers
  • C. serving as custodians of valuables
  • D. giving financial advice to the government
View Answer & Discuss (1) WAEC 2023
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4624

When job vacancies are publicized, the government is mainly trying to solve the problem of

  • A. residual unemployment
  • B. cyclical unemployment
  • C. technological unemployment
  • D. frictional unemployment
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4625

An indication that there is inflation in a country is that

  • A. there is a decrease in the demand for goods and services
  • B. there are too many goods in circulation
  • C. the same amount of money buys lower quantity of goods
  • D. people prefer to lend than to borrow
View Answer & Discuss WAEC 2023
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts