Waec Economics 1990 Past Questions and Answers

Question 26:

• WAEC 1990

when a country has a large labour forvce , it is beneficial to use a method of production which is

A. Capital intensive
B. Land intensive
C. Labour intensive
D. Mechanically intensive
E. Technically intensive

Question 27:

• WAEC 1990

which of the following are determinants of the rate of population growth?

A. Birth rate, immigration and death rate
B. Birth rate, death rate and emigration
C. Death rate , birth rate and net migration
D. Migration, large families and birth rate
E. Death rate, migration and mortality rate

Question 28:

• WAEC 1990

The concentration of industries in one place is referred to as

A. Location of industries
B. Multiplication of industries
C. Pluralization of industries
D. Proliferation of industries
E. Localization of industries

Question 29:

• WAEC 1990

which of the following best describes the budget? A

A. Plan of government's needs and expenditure for a year
B. Detailed estimate of government financial operation for a year
C. Satisfactory balance between income and expenditure for one year
D. Plan for importation of essential goods and services for one year
E. Plan for control of government industries and corporations for one year

Question 30:

• WAEC 1990

Which of the following is not done by the NNPC?

A. Production of crude oil
B. Refining of crude oil
C. Exploration for crude oil
D. Exploitation of crude oil
E. Pricing of crude oil