WAEC Past Questions and Answers - Page 3801

19,001.

In a rapidly growing economy where human labour is being replaced by machines, there is likely to be

A.

Classical unemployment

B.

Frictional unemploymen

C.

Seasonal unemployment

D.

Residual unemployment

E.

Cyclical unemployment

Correct answer is B

No explanation has been provided for this answer.

19,002.

Which of the following is not correct?

A.

Population refers to number of people living in a place

B.

The population of a place is not static

C.

Population is known through a census

D.

Population is affected by the amount of money in circulation

E.

Population can be affected by natural disaster

Correct answer is D

No explanation has been provided for this answer.

19,003.

A person who buys in bulk and sells in bit is a

A.

Manufacturer

B.

Sales representative

C.

Retailer

D.

Advertiser

E.

Distributor

Correct answer is C

No explanation has been provided for this answer.

19,004.

The movement of a worker from one grade to another within the same industry is a form of mobility of labour which is

A.

Geographical

B.

Vertical

C.

Occupational

D.

Horizontal

E.

Lateral

Correct answer is D

No explanation has been provided for this answer.

19,005.

Which of the following is the normal channel by which the commodities reach the final consumer?

A.

Manufacturer-wholesaler-agent retailer-consumer

B.

Manufacturer-wholesaler-retailer-consumer

C.

Manufacturer-wholesaler-sales representative-retailer-consumer

D.

Manufacturer-wholesaler-retailer-agent-consumer

E.

Manufacturer-wholesaler-retailer-sales-representative-consumer

Correct answer is B

No explanation has been provided for this answer.