Waec Economics 2012 Past Questions and Answers

Question 26:

• WAEC 2012

Which of the following is a function of a retailer?

A. Banking services
B. Hoarding services
C. Storage services
D. Sales services

Question 27:

• WAEC 2012

`The difference between the number of immigrants and emigrants is

A. Natural growth rate
B. Natural increase
C. Net migration
D. Census

Question 28:

• WAEC 2012

All of the following is the features of optimum population except

A. Full employment of available resources
B. Unlimited amount of unexploited resources
C. Maximum per capita production and income
D. High standard of living

Question 29:

• WAEC 2012

The financial institution that specializes in risk spreading is called

A. An investment bank
B. A development bank
C. An insurance company
D. The stockexchange

Question 30:

• WAEC 2012

The following are means of reducing the population of a country except encouraging

A. Emigration
B. Family planning
C. Early marriage
D. Sex education