Waec Economics Past Questions and Answers

Question 506:

• WAEC 1999

Occupational distribution of population is mainly influenced by

A. Economic factors
B. Religious factors
C. Geographical factors
D. Social factors

Question 507:

• WAEC 1999

proportional tax refers to

A. Taxation of the rich only
B. Equal tax rate for all people
C. Unequal tax rate for all people
D. Taxation of civil servants only

Question 508:

• WAEC 1999

which of the following is not n item of capital expenditure?

A. Construction of highways
B. Building of dams
C. Payment of salaries and wages
D. Building of a new universities

Question 509:

• WAEC 1999

The population which yields the highest level of income per head is known as

A. Over-population
B. Under-population
C. Extreme population
D. Optimum population

Question 510:

• WAEC 1999

Price discrimination can only occur when there is

A. Perfect competiton
B. Imperfect competition
C. A merge
D. Partnership