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Economics WAEC Past Questions

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1206

Which of the following best explains why more foreign investments are not attracted to West Africa

  • A. Small population size
  • B. small sizes of market places
  • C. instability in political and industrial policies
  • D. lack of manpower needed to work in industries
View Answer & Discuss (1) WAEC 2016
1207

Location of firm in rural areas may

  • A. enable the firm to enjoy existing infrastructural facilities
  • B. make finance readily avalaible
  • C. enhance even or balanced development
  • D. make such firm enjoy external economics of scale
View Answer & Discuss WAEC 2016
1208

International income accounting, double counting occurs when

  • A. intermediate goods are counted twice
  • B. intermediate goods are counted with the final goods
  • C. final goods are counted more than twice
  • D. different people count the products
View Answer & Discuss WAEC 2016
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1209

The difference between GDP and GNP

  • A. consumption of fixed capital
  • B. indirect business tax
  • C. net factor income from abroad
  • D. public transfer payment
View Answer & Discuss WAEC 2016
1210

The difference between GDP and GNP

  • A. consumption of fixed capital
  • B. indirect business tax
  • C. net factor income from abroad
  • D. public transfer payment
View Answer & Discuss WAEC 2016
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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