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356
Division of labour leads to
  • A. employment of everybody
  • B. decrease in output
  • C. monotony of work
  • D. increase of time in workshops
  • E. increase of time in learning a trade
View Answer & Discuss WAEC 1997
357
The largest employment sector in a typical West African country is
  • A. construction
  • B. transportation
  • C. petroleum
  • D. agriculture
  • E. manufacturing
View Answer & Discuss WAEC 1997
358
The indigenisation policy in Nigeria is aimed at
  • A. nationalising foreign businesses
  • B. alternating foreign investors
  • C. commandeering foreign businesses in Nigeria
  • D. expelling foreign investors and taking over their investment
  • E. increasing equity participation and control by Nigerians
View Answer & Discuss WAEC 1997
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359
the foregone alternative in Economics is simply the
  • A. marginal cost
  • B. cost of foreign products
  • C. total cost
  • D. opportunity cost
  • E. average cost
View Answer & Discuss WAEC 1997
360
all the following are different forms of money except
  • A. bank notes
  • B. demand deposits
  • C. coins
  • D. currency
  • E. bank sellers
View Answer & Discuss WAEC 1997
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts