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3411
Which of the following budgets will increase government expenditure?
  • A. zero base budget
  • B. surplus budget
  • C. deficit budget
  • D. balanced policy
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3412
The economic questions about what and how to produce in an economy is solely answered by the _______?
  • A. government
  • B. labour union
  • C. private and public enterpriser
  • D. system of economy practised
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3413
The following are Methods of measuring National Income of a country EXCEPT; ?
  • A. Expenditure method
  • B. Consumption method
  • C. Input Method
  • D. Output method
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3414
Petro-chemical industries are located in the Rivers State of Nigeria because of ________?
  • A. favourable soil
  • B. coal deposit
  • C. crude oil deposit
  • D. favourable climate
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3415
The bowed shape of the Production possibilities curve illustrates _________
  • A. that production is inefficient
  • B. that demand is relatively inelastic
  • C. that production is unattainable
  • D. the law of increasing marginal cost
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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now