Waec Economics Past Questions and Answers

Question 551:

• WAEC 2000

which of the following is a function of the retailer?

A. Provision of storage facilities
B. Financing manufacturers
C. Stocking variety of goods
D. Advertisement of goods

Question 552:

• WAEC 2000

The supply of labour can be influenced by the

A. Size of the population
B. Stage of economic development
C. Size of the country
D. Extent of the market

Question 553:

• WAEC 2000

Majority of West African labour force is engaged in

A. Industrial production
B. Agricultural production
C. Mining industry
D. Construction industry

Question 554:

• WAEC 2000

census of population is usually conducted every

A. 20 years
B. 15 years
C. 10 years
D. 7 years

Question 555:

• WAEC 2000

one economic implication of over-population is that it

A. Leads to low demand s of goods
B. Reduce balance of payment difficulties
C. Leads to a fall in per capital income
D. Reduce pressure on the available social facilities