Waec Economics Past Questions For Year 2009
Question 26
labour can be efficient when there are
- A. adequate tools to work with
- B. high level of employment
- C. limited vacancies
- D. government restrictions
Question 27
A society that operates below the production possibility curve is using its productive resources
- A. optimally
- B. efficiently
- C. inefficiently
- D. maximally
Question 28
manufacturing involves the process of
- A. making goods available
- B. providing finished products
- C. changing items to new states
- D. producing capital goods only
Question 29
The population density of town Y made up of 50 square kilometre land area and 100 million people is
- A. 50,000 people per square kilometre
- B. 0.2 million people per square kilometre
- C. 0.5 million people per square kilometre
- D. 2 million people per square kilometre
Question 30
what is the effect of pursuit of higher education on the size of labour force?
- A. it makes labour force to be defective
- B. it brings higher wage rate
- C. it increases the size of labour force
- D. it reduces the size of labour force
