1988 WAEC SSCE Economics Past Questions

1988

(a) What are the objectives of the Organisation of Petroleum Exporting Countries (OPEC) ? (b) What are the problems of the OPEC? (c) What remedies have been adopted to curtail them?

1988

Discuss the important role played by agriculture in the economy of your country.

1988

The bulk of West African foreign trade is directed away from Africa to Europe and America. What are the reasons for this?

1988

Write short notes on (a) Liquidity Ratio. (b) Fixed Deposits. (c) Money Market.

1988

Given the figures below : Price of commodity A in January = N5.00 Price of commodity A in February = N7.00 Quantity of A bought in January = 20 kg Quantity of A bought in February = 16 kg (a) Calculate: (i) Percentage ch…

1988

Explain the uses of national income figures.

1988

(a) Briefly outline the views of Thomas Malthus about population. (b) How valid are such views about the Nigerian situation today?

1988

(a) What is demand- pull inflation? (b) Why is price control not suitable in checking this type of inflation?

1988

What has the government done to encourage industrialization in Nigeria?

1988

in any economic system , which of the following is not an economic problem?

1988

The equilibrium position of a firm is attained

1988

The price of a commodity is determined by the

1988

A review of occupational distribution of population from time to time helps us to know the

1988

'Economics is a science which studies human behaviours as a relationship between ends and scarce means which have alternative uses. 'Ends' her refers to

1988

Which of the following is not an advantage of price control?

1988

A demand schedule is

1988

A normal demand curve is

1988

Into which of these organization would you classify the International Monetary Fund (IMF) ?

1988

In which of the following economics system is the consumer referred to as ‘The King’?

1988

The major currency used for granting credits to member countries of the International Monetary Fund (IMF) is the

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