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Economics 2013 WAEC Past Questions

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21

Which of the following will enhance productivity in an economy?

  • A. The use of obsolete capital
  • B. Technological change
  • C. Expansion of land under cultivation
  • D. An increase in the labour force
View Answer & Discuss (3) WAEC 2013
22

Post harvest losses in West African countries can be reduced if

  • A. the land tenure system could be reformed
  • B. more irrigation schemes could be provided
  • C. better storage facilities could be provided
  • D. erosion is controlled
View Answer & Discuss WAEC 2013
23

Which of the following best explains what to produce?

  • A. How much goods are to be produced
  • B. The combination of resources to be used
  • C. Which goods and services to be produced
  • D. How many wants are to be satisfied
View Answer & Discuss WAEC 2013
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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24

The demand for money is described as a

  • A. competitive demand
  • B. joint demand
  • C. derived demand
  • D. composite demand
View Answer & Discuss (1) WAEC 2013
25

Which of the following is the main outcome of a trade union's interference with the wage rate? Wages are

  • A. lowered but more employment opportunities are created
  • B. lowered but employment level remains unchanged
  • C. increased and employment levels are unchanged
  • D. increased but employment levels are reduced
View Answer & Discuss WAEC 2013
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