Economics 2000 Waec Past Questions and Answers

Question 56 :

• WAEC 2000

What form of business enterprise would you recommend for a tailor? Give reasons for your answer.

Question 57 :

• WAEC 2000

(a) What is mobility of labour?
(b) What factors serve as obstacles to occupational mobility of labour?

Question 58 :

• WAEC 2000

Highlight any five objectives of price control.

Question 59 :

• WAEC 2000

Why should a country measure her national income?

Question 60 :

• WAEC 2000

Explain each of the following:
(a) Indigenisation policy
(b) Localization of industry
(c) Economies of scale
(d) National budget.