Economics 2005 WAEC Past Questions

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The production factor, whose entire world supply is fixed is

A. land
B. skilled labour
C. capital goods
D. entrepreneur

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when all factors input are reduced by half, the production possibility curve will shift

A. outwards
B. inwards
C. downwards
D. upwards

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when a worker changes from one tye of job to another, it is called

A. geographical mobility of labour
B. occupational mobility of labour
C. immobility of labour
D. rural-urban migration

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which of the following determines the size of a country's population ? (I) Birth rate (II) Death rate (III) Migration rate (IV) Importation rate (V) Unemployment rate

A. (I), (II) and (V)
B. (II) and (IV)
C. (I),(II) and (III)
D. (IU) and (V)

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Age distribution is important because it helps the government to

A. check rural-urban drift
B. determines the number of foreigners
C. determines the number of factories
D. undertake effective planning

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