WAEC SSCE - Economics - 2015 (Objective)

Frictional unemployment occurs when?

which of the following is not a reason for abnormal demand

which of the following is not an objective of economic planning

when the demand for foreign exchange exceeds its supply, the value of the domestic currency 

In developing countries, a larger percentage of the labour force is employed in the

which of the following is a benefit to a member country of World Bank?

The movement of labour from one grade to an entirely different grade is an example of?

The main item traded on a stock exchange market is 

which of the following is not a strong basis for trade unions demand for higher wages

The market supply curve slopes upward from left to right indicating that?

The law of diminishing marginal returns relate to?

A disadvantage of the mean as measure of central tendency is that?

Use the information to answer the following question

what is the total revenue from indirect tax

An industry is best described as 

The export of west A frican countries are mostly composed of

which of the following can be described as land

Inflation may occur if there is?

increase in production subsidies will shift 

If the price of floor rises, then bread

Government revenue will increase if taxes are levied on goods with?

In order to calculate total utility (TU) from given levels of marginal utility (MU), one has to?

which of the following will increase the demand for labour

Use the information to answer the following question

what is the total revenue from non tax sources

By adding all the marginal products at each level of employment of the variable input, we obtain a value equal to 

which of the following business organisations is likely to experience disagreements between management and shareholders

which of the following features distinguishes a public limited company from a private limited company

In national income accounting, the term ''net'' is used to indicate that a value-----

The following constitute the criteria for identifying an economic system except?

if a given change in price brings a proportionately larger change in quantity demanded, the

location of firms of an industry is not influenced by?

Economics is regarded as a science because it?

A concious effort of government to achieve a specific set of goals is?

The proportion of commercial banks' total assets kept in the form of highly liquid assets is known as 

The abolition of all forms of trade barriers among member countries while maintaining common external tariffs against non members is a feature of a

which of the following curves is not U shaped

In order to correct adverse balance of payments problem, government should? 

A country has favourable terms of trade when the prices of her 

one reason for low agrictural productivity in most west African countries is that?

Total cost is obtain by?

which of the following is not a method of controlling monopoly

An outward shift of the production possibility curve shows that?

which of the following is not an effect of many middlemen in the chain of production

which of the following will not affect the market price of a commodity

The difference between the gross domestic product (GDP) and gross national product (GNP) IS?

which of the following best describes token money?

if the price of a commodity Z falls and a consumer buys less of it, then commodity Z is a

In order to control inflation, the government should

All the following are methods of determing prices except?