Economics WAEC Past Questions

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706

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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707

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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708

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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709

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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710

A group of firm producing similar commodities for the same market constitute

A. a cartel
B. an industry
C. a co-operative
D. wholesaler

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Economics WAEC Past Questions

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