[ Post UTME Begins ]: View The List Of Schools That Have Released 2026 Post-UTME Forms.
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
  1. Home
  2. Classroom
  3. Economics
  4. WAEC

Economics WAEC Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
936
The need for development planning arises largely from the fact that
  • A. aggregate savings exceeds aggregate consumption
  • B. aggregate consumption equals aggregate savings
  • C. productive resource are in excess of the demand for them
  • D. productive resource are scarce relative to the demand for them
View Answer & Discuss WAEC 2009
937
Economic development is reflected in the
  • A. scarcity of capital
  • B. increase in the price level
  • C. decline in the agricultural production
  • D. increase in productive capacity
View Answer & Discuss WAEC 2009
938
Terms of trade may be define as the
  • A. trade between one country and another
  • B. relationship between country's receipt from others and payment to others
  • C. rate at which a country's export exchange for imports
  • D. different between the value of export and imports
View Answer & Discuss WAEC 2009
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
939
The terms of trade is described as unfavourable when
  • A. the price of imports rises relative to those of exports
  • B. the price of exports rises relative to those of imports
  • C. the net income from aabroad does not change
  • D. the value of exports exceeds those of imports
View Answer & Discuss (1) WAEC 2009
940
Expenditure by foreign tourist in a country will be recorded as
  • A. visible exports
  • B. official transfers
  • C. transfer income
  • D. divisible exports
View Answer & Discuss (2) WAEC 2009
Start a Free Practice Test
 
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts