2017
(a) State two features each of: (i) free trade area; (ii) common markets.(b) outline two advantage and two disadvantage of a common market.
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2017 WAEC SSCE Economics Past Questions
2017
(a) What is economic development?(b) State three features of a developing country.(c) Explain any four factors that can speed up the economic development of your country.
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2017
(a) Define inflation.(b) Identify any three causes of: (i) demand-pull inflation; (ii) cost-push inflation .
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2017
(a) State two features each of: (i) perfect competition; (ii)monopolistic competition.(b) What does it mean for a firm to be a : (i) price taker; (ii)price maker?(c) Explain the following sources of monopoly power: (i) a…
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2017
(a) What is subsistence farming?(b) Distinguish between crop farming and livestock farming with specific examples.(c) Identify four measures that the government of your country can adopt to boost agricultural production…
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2017
(a) Define land as a factor of production.(b) State three features of land.(c) Explain four ways in which land contributes to the economic development of your country
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2017
The market for apples is represented by the following demand and supply functions: Qd = 30 - p; Qs = 15 + 2p. (a) Prepare a demand and supply schedule for the market, given the prices $2.00, $4.00 and $7.00.(b) (i) Deter…
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2017
A dealer in deep freezers increased the price of his product from $450 to $500 and sales dropped from 800 units to 600 units a week. Use the information above to answer the questions that follow. (a)(i) Calculate the pr…
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2017
thenegative effects of mining in wast A frica does not include?
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2017
Which of the following resources is renewable
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2017
one objective of organisation of patroleum exporting countries (OPEC) is to?
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2017
one problem facing the economic integration of countries in west Africa is the
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2017
which of the following terms of trade is recorded in a country's current account section of the balance of payments
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2017
Modern international trade is based on the principle of?
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2017
Infant industries can be described as?
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2017
Dumping in internationaloccurs when a foreign firm sells
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2017
one way of speeding up the economic development of a country is by encouraging
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2017
which of the following is not a feature of economic underdevelopment
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2017
The control of aggregate demand through changes in government spending and tax rates is referred to as?
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2017
Direct taxes include?
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