Waec Economics Past Questions and Answers

Question 656:

• WAEC 2001

(a) What is economic integration?
(b) Outline the characteristics of a customs union.

Question 657:

• WAEC 2001

Distinguish between a perfect market and a monopolistic market.

Question 658:

• WAEC 2002

Economics is best described as the study of

A. The wealth of nations
B. How man consume his products
C. How man provides for his everyday needs
D. The distribution of wealth

Question 659:

• WAEC 2002

Economics is best described as the study of

A. The wealth of nations
B. How man consume his products
C. How man provides for his everyday needs
D. The distribution of wealth

Question 660:

• WAEC 2002

The most frequent occurring value in a given data is the

A. Mode
B. Median
C. Mean
D. Range