1994 WAEC SSCE Economics Past Questions

1994

if the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost

1994

Which of the following is not an advantage of government ownership of enterprises?

1994

The decision to consume more of one product swill under normal circumstances imply that

1994

To the economist a stock of goods existing at a a particular time and conforming to certain requirements such as having utility, money value and being limited in supply , is known as

1994

A Nigerian household demand curve for semovita is downward sloping because

1994

Mono-products economics are those that

1994

which of the following pairs can be referred to as middlemen?

1994

Petro-chemicals industries are located in River State of Nigeria due to the presence of

1994

Mr Idowu needs a television and a refrigerator. Each cost N500.00, the exact amount he has . If Mr. Idowu buys the television , the refrigerator would be regarded as the

1994

which of the following is not a problem of distribution of goods in Nigeria?

1994

one of the function of a commercial bank is that it

1994

The difference between the Gross Domestic Product (GDP) and the Gross National Product (GNP) is the

1994

When a firm's total revenue is at the maximum , marginal revenue is

1994

If successive unit of labour are added to a piece of land while capital and technology remains constant, a point will be reached in the level of production when each additional unit of labour will add less to the output…

1994

Risk bearing and managerial control are the main function of the

1994

The difference between the number of immigrants and emigrants is

1994

Foreign exchange control in Nigeria is enforced by the

1994

Tax evasion in Economics means

1994

1994 WAEC SSCE Economics Past Questions

if the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost

Which of the following is not an advantage of government ownership of enterprises?

The decision to consume more of one product swill under normal circumstances imply that

To the economist a stock of goods existing at a a particular time and conforming to certain requirements such as having utility, money value and being limited in supply , is known as

A Nigerian household demand curve for semovita is downward sloping because

Mono-products economics are those that

which of the following pairs can be referred to as middlemen?

Petro-chemicals industries are located in River State of Nigeria due to the presence of

Mr Idowu needs a television and a refrigerator. Each cost N500.00, the exact amount he has . If Mr. Idowu buys the television , the refrigerator would be regarded as the

which of the following is not a problem of distribution of goods in Nigeria?

one of the function of a commercial bank is that it

The difference between the Gross Domestic Product (GDP) and the Gross National Product (GNP) is the

When a firm's total revenue is at the maximum , marginal revenue is

If successive unit of labour are added to a piece of land while capital and technology remains constant, a point will be reached in the level of production when each additional unit of labour will add less to the output…

Risk bearing and managerial control are the main function of the

The difference between the number of immigrants and emigrants is

Foreign exchange control in Nigeria is enforced by the

Tax evasion in Economics means

Abstention from consumption enables capital to be produced . Such abstention is called

Factory buildings, machinery and raw materials are known in Economics as