WAEC Past Questions and Answers - Page 3824

19,116.

Agriculture plays a dominant role in West African economies because

A.

The Green Revolution in Nigeria is agricultural

B.

It supplies all the food stuffs consumed in Ghana alone

C.

There are large plantation of cocoa, groundnut and oil palm in West Africa

D.

It is the main source of revenue in Sirera Leon alone

E.

It emplys more than 50% of the total labour force in West Africa

Correct answer is E

No explanation has been provided for this answer.

19,117.

Choice is necessary because resources

A.

Are available

B.

Can be found everywhere

C.

Are constant

D.

Are scarce

E.

Are unlimited

Correct answer is D

No explanation has been provided for this answer.

19,118.

The price system refers to the system by which

A.

The government controls price in the economic system

B.

Prices tends to rise to a general level

C.

Price allocates resources between consumer and producer goods

D.

Government allocate resources to consumers and producers

E.

The producers fix the price for their products

Correct answer is C

No explanation has been provided for this answer.

19,119.

The country that makes the largest contribution to the IMF is

A.

The USA

B.

Britain

C.

West Germany

D.

France

E.

Norway

Correct answer is A

No explanation has been provided for this answer.

19,120.

The wholesale provides all the following services to the manufacturer except

A.

Warehousing

B.

Financing production

C.

Marketing the product

D.

Granting credit

E.

After-sales services

Correct answer is E

No explanation has been provided for this answer.