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Economics WAEC Past Questions

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581
One of the criticisms of population increase is that it result in
  • A. a rise in people's standard of living
  • B. low level of illiteracy
  • C. low level of taxation
  • D. increase in government expenditure
View Answer & Discuss WAEC 2002
582
Which of the following is not likely to be an effect of a growing population?
  • A. rise in demand
  • B. unemployment
  • C. fall in standard of living
  • D. high per capita income
View Answer & Discuss (1) WAEC 2002
583
Census figure of most countries in West Africa is inaccurate because of
  • A. low cost of enumeration
  • B. low per capita income
  • C. high degree of illiteracy
  • D. high level of civilization
View Answer & Discuss WAEC 2002
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584
Which of the following is a problem of trade by barter?
  • A. exchange rate determination
  • B. hoarding
  • C. how to produce
  • D. what to produce
View Answer & Discuss WAEC 2002
585
Cheques are not money because
  • A. there use is confined to business hours
  • B. there are few banks in the rural areas
  • C. they are not generally acceptable as a medium of exchange
  • D. they are not issued by government
View Answer & Discuss WAEC 2002
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