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Economics 1998 WAEC Past Questions

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41

Give any five reasons why public corporations are established in Nigeria.
 

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42

 Account for the decline in the contribution of agriculture to the Gross Domestic Product (GDP) of Nigeria. 
 

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43

(a) What is Labour Force?
(b) Explain four factors affecting the size of the labour force. 

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44

State any five reasons why the use of money has replaced the barter system in modern economic transaction. 

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45

Describe any five functions of the Central Bank of Nigeria (CBN). 

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