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Economics WAEC Past Questions

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1301

A civil engineer who accepts to teach elementary science in a primary school because he cannot get a paid engineering job is an example of?

  • A. structural unemployment
  • B. disguised unemployment
  • C. residual unemployment
  • D. frictional unemployment
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1302

which of the following is an implication  of a large population

  • A. decrease in crime rate
  • B. increase in food supply
  • C. decrease in standard of living
  • D. decrease in cost of living
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1303

The system of agriculture which involves the cultivation of crops and rearing of animals for family consumption only is termed?

  • A. peasant farming
  • B. plantation agriculture
  • C. commercial farming
  • D. subsistent farming
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1304

which of the following is a threat to the existence of middlemen

  • A. consumers cooperative society
  • B. producers cooperative society
  • C. sales agents
  • D. large scale producers
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1305

which of the following is a threat to the existence of middlemen

  • A. consumers cooperative society
  • B. producers cooperative society
  • C. sales agents
  • D. large scale producers
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