[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC 1992

Economics 1992 WAEC Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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
21
Proportional tax is a tax whose
  • A. percentage rate remains constant as the tax base increases
  • B. percentage base increases as the tax base increases
  • C. percentage rate decreases as the tax rate increases
  • D. percentage rate fluctuates as the tax base increases
  • E. burden falls heavily on consumer
View Answer & Discuss WAEC 1992
22
the largest part of the revenue of a country is derived from
  • A. direct taxation
  • B. indirect taxation
  • C. excise duties
  • D. company taxes
  • E. non-tax revenue
View Answer & Discuss WAEC 1992
23
which of the following is not a good reason for the importation of agriculture in West African countries? it
  • A. employs about 60% of the people
  • B. provides the highest tax revenue
  • C. is a major foreign exchange earner in most of the countries
  • D. provides the raw materials for all import-substitution industries
  • E. provide raw materials only for foreign industries
View Answer & Discuss (1) WAEC 1992
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
24
The comparative cost of doctrine of international trade means specialization in production according to
  • A. absolute cost advantage
  • B. absolute cost disadvantage
  • C. comparative cost disadvantage
  • D. comparative cost advantage
  • E. the availability of labour
View Answer & Discuss WAEC 1992
25
The greater burden of the taxes on essential goods is borne by
  • A. the middle income group
  • B. high income group
  • C. low income group
  • D. people between the middle and high income group
  • E. few top rich people
View Answer & Discuss WAEC 1992
Start a Free Practice Test
 
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now