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Economics 2000 WAEC Past Questions

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56

(a) What is mobility of labour?

(b) What factors serve as obstacles to occupational mobility of labour? 

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57

Highlight any five objectives of price control. 
 

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58

Why should a country measure her national income? 
 

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59

Explain each of the following:
(a) Indigenisation policy
(b) Localization of industry
(c) Economies of scale
(d) National budget. 
 

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60

(a) What is unemployment?

(b) Explain any three types of unemployment 
 

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