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Economics 2009 WAEC Past Questions

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31
The population density of town Y made up of 50 square kilometre land area and 100 million people is
  • A. 50,000 people per square kilometre
  • B. 0.2 million people per square kilometre
  • C. 0.5 million people per square kilometre
  • D. 2 million people per square kilometre
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32
manufacturing involves the process of
  • A. making goods available
  • B. providing finished products
  • C. changing items to new states
  • D. producing capital goods only
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33
disposable income is total income
  • A. less tax
  • B. divided by tax
  • C. plus tax
  • D. multiplied by tax
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34
Use the information below to answer these questions

Depreciation = $40,000
Gross Domestic Product = $100,000
Factor Payments to Foreigners = $20,000
Factor Receipts from Abroad = $25,000
The Gross National Product is equal to
  • A. $40,000
  • B. $50,000
  • C. $105,000
  • D. $125,000
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35
Depreciation = $40,000
Gross Domestic Product = $100,000
Factor Payments to Foreigners = $20,000
Factor Receipts from Abroad = $25,000

The National Income is equal to
  • A. $45,000
  • B. $60,000
  • C. $65,000
  • D. $195,000
View Answer & Discuss (1) WAEC 2009
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