Waec Economics Past Questions and Answers

Question 776:

• WAEC 2003

(a) Explain the term economic integration.
(b) Highlight any four problems of economic integration in West Africa.

Question 777:

• WAEC 2004

Which of the following is an economic activity?

A. Attending a town's meeting
B. A visit to the stadium
C. Payment of school fees
D. Arresting a petty thief

Question 778:

• WAEC 2004

Which of the following is an economic activity?

A. Attending a town's meeting
B. A visit to the stadium
C. Payment of school fees
D. Arresting a petty thief

Question 779:

• WAEC 2004

The reward for land as a factor of production is

A. Interest
B. Rent
C. Dividends
D. Wages

Question 780:

• WAEC 2004

The three broad categories of productions are

A. Direct, secondary and extractive
B. Primary, tertiary and direct
C. Primary, secondary and tertiary
D. Secondary , primary and direct