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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
66
in a rapidly growing economy where human labour is being replaced by machines, there is likely to be
  • A. classical unemployment
  • B. frictional unemployment
  • C. seasonal unemployment
  • D. residual unemployment
  • E. cyclical unemployment
View Answer & Discuss (3) WAEC 1989
67
Distribution is part of production because it
  • A. Makes goods and services available to the final consumer
  • B. Transport the goods from place to place
  • C. Offers employment to people
  • D. Encourages the provision of good roads, waterways and railways
  • E. Links the consumer with the producer
View Answer & Discuss WAEC 1989
68
The grouping of a population into males and females is known as the
  • A. geographical distribution
  • B. age distribution
  • C. sex distribution
  • D. man-woman distribution
  • E. occupational distribution
View Answer & Discuss WAEC 1989
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69
which of the following is the most important reason why wages differ among occupations?
  • A. Length and cost of training
  • B. Supply of labour
  • C. Attractiveness of the job
  • D. influence of trade unions
  • E. Government decision
View Answer & Discuss (4) WAEC 1989
70

A legal tender is any

  • A. form of money
  • B. means of exchange authorized by the state
  • C. commodity generally acceptable as a meduim of exchange
  • D. total productivity of labour
  • E. amount of goods and services that the wage can fetch
View Answer & Discuss (1) WAEC 1989
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