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Economics 1989 WAEC Past Questions

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21
which of the following does not hinder the efficient of distribution of goods in West Africa?
  • A. inadequate transportation network
  • B. inadequate storage facilities for agricultural goodss
  • C. inadequate credit facitlities for potential distributors
  • D. Government participation in the distributive trade
  • E. The tendency to hoard and smuggle
View Answer & Discuss WAEC 1989
22
which of the following categories of people do not gain during inflation?
  • A. Debtors
  • B. businessmen
  • C. Shareholders
  • D. Investors
  • E. Creditors
View Answer & Discuss WAEC 1989
23
one of the argument against he presence of middlemen in the distribution chain is that they
  • A. cause increase in the price of commodities
  • B. are commissioned agents
  • C. helps in keeping price stable
  • D. grade and blend goods
  • E. can be found almost everywhere
View Answer & Discuss WAEC 1989
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24
Which of the following is the normal channel by which the commodities reach the final consumer?
  • A. Mnaufacturer-wholesale-agent retailer-consumer
  • B. Mnufacturer-wholesale-retailer-consumer
  • C. Manufacturer-wholesale-sales representative-retailer-consumer
  • D. Mnufacturer-wholesale-retailer-agent-consumer
  • E. Mnaufacturer-wholesale-retailer-sales-representative-consumer
View Answer & Discuss (2) WAEC 1989
25
the movement of a worker from one grade to another within the same industry is a form of mobility of labour which is
  • A. geographical
  • B. vertical
  • C. occupational
  • D. horizontal
  • E. lateral
View Answer & Discuss (2) WAEC 1989
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