Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free

Economics Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free
4621

A small scale firm located within an industrial estate will enjoy

  • A. government protection and funding
  • B. technological economies of scale
  • C. financial economies of scale
  • D. external economies of scale
View Answer & Discuss WAEC 2023
4622

Country M enjoys absolute advantage over country N in the production of commodities X and Y, if country M

  • A. is inefficient in the production of both commodities X and Y
  • B. is more efficient than country N in producing both commodities X and Y
  • C. can produce only commodity Y cheaper than country N
  • D. and country N are efficient in the production of both goods
View Answer & Discuss WAEC 2023
4623

Commericial banks help in economic development mainly by

  • A. acting as trustees and executors of wills
  • B. acting as intermediaries between government and borowers
  • C. serving as custodians of valuables
  • D. giving financial advice to the government
View Answer & Discuss WAEC 2023
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free
4624

When job vacancies are publicized, the government is mainly trying to solve the problem of

  • A. residual unemployment
  • B. cyclical unemployment
  • C. technological unemployment
  • D. frictional unemployment
View Answer & Discuss WAEC 2023
4625

An indication that there is inflation in a country is that

  • A. there is a decrease in the demand for goods and services
  • B. there are too many goods in circulation
  • C. the same amount of money buys lower quantity of goods
  • D. people prefer to lend than to borrow
View Answer & Discuss WAEC 2023
Start a Free Practice Test
 
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709