1992 WAEC SSCE Economics Past Questions

1992

Discuss the measures that can be taken by a country seeking to correct its balance of payment deficit.

1992

Outline the economic activities that are likely to improve the effective distribution and marketing of commodities in Nigeria.

1992

What are the possible solutions to the problems of rural-urban migration in West African countries?

1992

Middlemen do encounter problems in the process of carrying out their business. Explain.

1992

Outline the ways in which the federal government has encouraged industrialization in Nigeria in recent years.

1992

Discuss the different types of agricultural systems that exist in West Africa.

1992

(a) Highlight the factors which encourage entrepreneurs to adopt division of labour in production.(b) What factors are capable of limiting the practice of division of labour?

1992

A demand curve slopes downwards from left to right, but this may not always be so. Explain the statement.

1992

(a) Define price elasticity. (b) If at N 8.00 per tuber, twenty tubers were demanded and when the price fell to N 6. 00 per tuber, thirty tubers were demanded, what is the elasticity of the demand?

1992

The values of different types of accounts held in Nigerian banks for the period 1984 to 1988 Year19841985198619871988Savings100120120180200Current657570100130Fixed deposit40456014550Present the data above in the form of…

1992

Scarcity in Economics generally refers to

1992

Economics is a social science because it

1992

which of the following is not a characteristics of money?

1992

In Economics production is complete when

1992

The equilibrium price of orange is 50k. If for some reason the price rises to 60k, there will be

1992

The most basic concern of economists is to

1992

Opportunity cost is define as the

1992

The market price of a commodity is determine by the

1992

Economic growth is the

1992

Money becomes a very poor stone of value in a period of

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