1997 WAEC SSCE Economics Past Questions

1997

which of the following is not a problem in the barter economy?

1997

The value of money is affected by the

1997

one of the disadvantages of the division of labour is that it

1997

a shift in supply curve to the right will result in a

1997

a stock exchange is a market that

1997

If the price of product K declines , the demand curve for the complementary product J will

1997

for two commodities A and B, MA and MB are the respective marginal utilities while PA and PB are the respective prices. Marginal utilities of the commodities are maximized when

1997

In the long-run, potential GNP is variable because. I technological change takes place II the quantity of labour and capital is not fixed III. unemployment is not constant

1997

when the death rate for old people and the infant mortality rate are high , with no migration , there will be in the population a higher number of

1997

inflation caused by increase in demand can be curbed by

1997

one of the instruments of protection of infants industries is the

1997

the actual output of an economy is the output

1997

the foregone alternative in Economics is simply the

1997

The indigenisation policy in Nigeria is aimed at

1997

The largest employment sector in a typical West African country is

1997

Division of labour leads to

1997

which of the following is a function of commercial banks?

1997

Hoarding in distributive trade leads to

1997

1997 WAEC SSCE Economics Past Questions

which of the following is not a problem in the barter economy?

The value of money is affected by the

one of the disadvantages of the division of labour is that it

a shift in supply curve to the right will result in a

a stock exchange is a market that

If the price of product K declines , the demand curve for the complementary product J will

for two commodities A and B, MA and MB are the respective marginal utilities while PA and PB are the respective prices. Marginal utilities of the commodities are maximized when

In the long-run, potential GNP is variable because. I technological change takes place II the quantity of labour and capital is not fixed III. unemployment is not constant

when the death rate for old people and the infant mortality rate are high , with no migration , there will be in the population a higher number of

inflation caused by increase in demand can be curbed by

one of the instruments of protection of infants industries is the

the actual output of an economy is the output

the foregone alternative in Economics is simply the

The indigenisation policy in Nigeria is aimed at

The largest employment sector in a typical West African country is

Division of labour leads to

which of the following is a function of commercial banks?

Hoarding in distributive trade leads to

which of the following is not true of a firm in equilibrium condition in perfect competition?

The outward shift to the production possibility curve could be due to