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Economics 2004 WAEC 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
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31
When the general price level persistently falls, the rate of unemployment
  • A. rises
  • B. stagnates
  • C. rapidly reduces
  • D. equal natural groth rate
View Answer & Discuss WAEC 2004
32

Which of the following is not a direct effort to increase agricultural production?

  • A. operation feed the nation
  • B. use of improved seedlings
  • C. increased loans to farmers and co-operative societies
  • D. National Youth Service Corps
View Answer & Discuss (1) WAEC 2004
33
To ensure high employment rate, developing countries should
  • A. build more universities
  • B. protect infant industries
  • C. organize trade fairs
  • D. prevent rural-urban drift
View Answer & Discuss WAEC 2004
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34
The act of selling goods in foreign markets at prices below those charged at home market is called
  • A. exchange
  • B. specialization
  • C. dumping
  • D. exporting
View Answer & Discuss WAEC 2004
35
Taxes levied on commodities are
  • A. direct taxes
  • B. indirect tax
  • C. poll tax
  • D. investment taxes
View Answer & Discuss WAEC 2004
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