Waec Economics Past Questions and Answers

Question 1511:

• WAEC 2016

Which of the following measures will hinder efficient distribution of goods in West Africa

A. Improving roads networks
B. Provision of adequate storage facilities
C. Instituting price control
D. Formation of producers' co-operative societies

Question 1512:

• WAEC 2016

The type of unemployment that occurs as a result physical or mental disability of labour is known as

A. Frictional unemployment
B. Structural unemployment
C. Cyclical unemployment
D. Residual unemployment

Question 1513:

• WAEC 2016

One relationship between marginal utility and total utility. When total is

A. Rising, marginal utility is rising
B. Falling, marginal utility is negative
C. Maximum, marginal utility is maximum
D. Falling, marginal utility is rising

Question 1514:

• WAEC 2016

One feature of a growing population

A. Increase in the number of young people
B. Increase in the number of old people
C. Decrease in the dependent population
D. Decrease in the life expectancy

Question 1515:

• WAEC 2016

Efficiency of labour in a country is determined by the following factor except the

A. Social attitude to work
B. Education and training
C. Working conditions of workers
D. Total polulation