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Economics Past Questions

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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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2851

Which of the following agencies help to stabilize farmers' income?

  • A. Local government authorities
  • B. Trade unions
  • C. Marketing boards
  • D. Co-operative organizations
View Answer & Discuss WAEC 2014
2852

Other things being equal, an increase in supply will lead to

  • A. a fall in price and an increase in quantity bought and sold
  • B. an increase in price and increase in quantity bought and sold
  • C. a fall in price and a fall in quantity bought and sold
  • D. an increase in quantity supplied and demanded only
View Answer & Discuss WAEC 2014
2853

Examples of joint stock banks are

  • A. commercial banks
  • B. co-operative credit societies
  • C. central banks
  • D. development banks
View Answer & Discuss (1) WAEC 2014
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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2854

Which of the following is not a characteristic of a developing country? High

  • A. real per capita income
  • B. level of primary production
  • C. population growth rate
  • D. level of illiteracy
View Answer & Discuss (2) WAEC 2014
2855

Goods consumed out of habit have

  • A. elastic demand
  • B. perfectly elastic demand
  • C. inelastic demand
  • D. unitary elastic demand
View Answer & Discuss (3) WAEC 2014
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