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3386

Which of the following will encourage capital intensive farming

  • A. encouraging communal system of land ownership
  • B. adopting policies that will encourage rural-urban migration
  • C. provision of subsidies on equipment
  • D. Restrictive lending policies by banks
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3387

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
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3388

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
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3389

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
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3390

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
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC offline past questions - with all answers and explanations in one app - Download for free