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which of the following determines the size of a country's population ? (I) Birth rate (II) Death rate (III) Migration rate (IV) Importation rate (V) Unemployment rate
A(I), (II) and (V)
B(II) and (IV)
C(I),(II) and (III)
D(IU) and (V)
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Question 22
waec2005
when a worker changes from one tye of job to another, it is called
Ageographical mobility of labour
Boccupational mobility of labour
Cimmobility of labour
Drural-urban migration
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Question 23
waec2005
when all factors input are reduced by half, the production possibility curve will shift
Aoutwards
Binwards
Cdownwards
Dupwards
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Question 24
waec2005
The production factor, whose entire world supply is fixed is
Aland
Bskilled labour
Ccapital goods
Dentrepreneur
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Question 25
waec2005
The remuneration of the entrepreneur as a factor of production is called
Awages
Bsalary
Cinterest
Dprofit
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Question 26
waec2005
The 150.00 Naira which Olu would have used to purchase a textbook was used to buy a T-shirt . This implies that
AOlu's real cost is 150.00 Naira
BOlu's opprtunity cost is the T-shirt he bought
COlu's opportunity cost is the textbook
DOlu's money cost is also the real cost
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Question 27
waec2005
A list of consumer's wants arranged in order of priorities is known as
Aa budget
Ban opprotuniy cost
CA scale of preference
Dchoice
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Question 28
waec2005
Farming, mining and fishing are
Aprimary production
Bsecondary production
Ctertiary production
Dintermediate production
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Question 29
waec2005
Economic activities are undertaken to solve the problem of
