Past Questions And Answers
In recent years, Nigeria's balance of payments has continued to register a deficit due to (i) increased government overseas' spending. (ii) increasing prices of exports.(iii) rising import prices .(iv)more payment to overseas' investors.
- A. i, ii and iii
- B. i, ii and iv
- C. i, ii, iii and vi
- D. i, ii, iii and iv
The following data relate to a closed economy of a country where all production takes place in two firms. Use the information in the table to answer the questions that follow:
| Items | Firm A (in 000 Dollars) | Firm B (in 000 Dollars) |
| Sales | 200 | 400 |
| Raw material | 100 | 60 |
| Labour costs | 80 | 160 |
| Depression | 16 | 40 |
| Profits | 4 | 140 |
(a)(i) Which of the items listed above is an intermediate input?
(ii) What happens to intermediate inputs in the calculation of the national income?
(iii) Calculate the Gross Domestic Product (GDP) of the country.
(b)(i) Calculate the total amount of depreciation of the country
(ii) Calculate the Net Domestic Product of the country.
View Discussion (0)WAEC 2002 THEORYIn the sentence below, there is one underlined word and one gap.From the list of words lettered A to D, choose the one that is most nearly opposite in meaning to the underlined word and that will at the same time correctly fill the gap in the sentence.
It is often easier to start ariot than to ......... it.
- A. complete
- B. suppress
- C. quench
- D. quell
From the words or group of words lettered A to D below each of the following sentences, choose the one that is nearest in meaning to the underlined word or group of words as it is used in the sentence.
The manager warned the workers that the company would no longer tolerate their incessant demand for salary increase.
- A. unnecessary
- B. irresponsible
- C. discourteous
- D. frequent
A deficit budget can be used to?
- A. stimulate recovery from a trade depression
- B. protect the economy from inflation
- C. starve the economic of funds for economic development
- D. provide measures to remedy the balance of payments
The book “Purple Hibiscus” was written by _______
- A. Chimamanda Adichie
- B. Wole Soyinka
- C. Chinua Achebe
- D. Pepper Clarke
Methane gas can be made from carbon (II) oxide gas according to the equation 2CO(g) + 2H\(_2\)(g) \(\rightarrow\) CH\(_4\)(g) + CO\(_2\)(g). Calculate the mass of CO required to produce 8.75 \(\times\) 10\(^{25}\) molecules of CH\(_4\)? [At masses: C = 12.011, H = 1.008, O = 15.999, Avogadro's No.: 6.022 \(\times\) 10\(^{23}\) molecules /mole.]
- A) 8140g
- B) 4070g
- C) 1600g
- D) 32.00g
Here lie I, Martin Eliginbrodde
Have mercy on my soul, Lord G?d
The extract above illustrates ______
- A. epitaph
- B. elegy
- C. ballad
- D. dirge
In the early part of Islam in West Africa, the ribat was primarily a centre for
- A. Social reform
- B. religious propagation
- C. Sufi indoctrination
- D. fraternal movement
The inorganic components of bone consist of
- A. magnesium, sodium and calcium
- B. magnesium, phosphorus and calcium
- C. sodium, phosphorus and calcium,
- D. potassium, magnesium and calcium

