2005 - WAEC Economics Past Questions and Answers - page 1
Economic activities are undertaken to solve the problem of
Farming, mining and fishing are
A list of consumer's wants arranged in order of priorities is known as
The 150.00 Naira which Olu would have used to purchase a textbook was used to buy a T-shirt . This implies that
The remuneration of the entrepreneur as a factor of production is called
The production factor, whose entire world supply is fixed is
when all factors input are reduced by half, the production possibility curve will shift
when a worker changes from one tye of job to another, it is called
which of the following determines the size of a country's population ? (I) Birth rate (II) Death rate (III) Migration rate (IV) Importation rate (V) Unemployment rate
Age distribution is important because it helps the government to