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Economics 1997 Waec Past Questions and Answers

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Economics 1997 Waec Past Questions


Question 46 :



Describe any five problems of distribution in Nigeria.




Question 47 :



(a) Define population census.
(b) State the implications of
(i) optimum population.
(ii) over- population.




Question 48 :



With the aid of a diagram, explain the super-normal profit of a monopolist.




Question 49 :



What is money? Why do people prefer to hold money?




Question 50 :



Explain any five reasons why a joint stock company is preferable to a one-man business.







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