WAEC Economics Questions 2022 Answers [100% Sure] Essay & Objective

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2022 WAEC Economics Questions and Answers for SS3 school candidates. Are you among those looking for how to get Economics WAEC questions 2022? If yes, search no more because this article is for you. We will discuss how to get verified WAEC Economics questions 2022 Essay and Objective expo, how to answer Tuesday, June 7th Economics WAEC questions 2022 essay & objective, and steps you need to pass the WAEC 2022 Economics exam at a sitting.

You’re about to write the 2022 WAEC Economics exam and you want to make sure that you are prepared for it. But how do you know what will be on the WAEC Economics exam? That’s why we created this article so that you can find all of the questions and answers right here!

In this article, we explore how you can get Economics WAEC questions 2022 so that you can be well-prepared for your upcoming WAEC exam, and also understand how WAEC set Economics questions and how to answer them. With this guide, you can make A or B on Economics WAEC 2022 exam.

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You can check the steps below if you want to get verified WAEC Economics 2022 questions and answers.

WAEC Economics 2022 Subscription

i. DIRECT TO MOBILE AS SMS:- On this Direct mobile package, we will send the Objective & Essay answers directly to you through text message to the number you used for subscription before your exam time. 

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Economics consists of two (2) parts which are Essay and Objective parts. This two parts are also know Paper 1 and Paper 2.

Paper 1 of WAEC Economics Questions 2022 will contain 50 objective questions to answer all. This objective questions has option A, B, C, and D. In which one option is the correct answer for each question. The next is Paper 2.

Paper 2 of 2022 Economics WAEC has essay questions with instructions.

Note: The WAEC Economics 2022 will start with Essay part, then objective part.

WAEC Economics Questions and Answers 2022

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WAEC Economics Objective 2022 Questions

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Possible Questions on Economics WAEC 2022

Below you will see some of the WAEC Economics past questions and answers:

(a) Define Labour and 3 examples of labour?
(b) What factors 3 that can influence the efficiency of labour in Nigeria agricultural sector.

(a) What do you by the concept localization of industry.

(b) Outline any 3 issues of localization of industry in any economy

(a) Determine the price when the quantity demanded

(i) 2 units;
(ii) 4 units;
(iii) 5 units;
(iv)7 units;
(v) 8 units;
(vii) 9 units;

(b) Use the data obtained in (a) to Represent the function with a curve
(c) State the law of diminishing

A village consists of twenty (30) households with the following annual incomes:

(Incomes $00)

40

30

60

50

70

50

50

60

30

70

90

50

30

30

80

50

80

40

50

90

 

(a) Determine the
(i) mean income;

(ii) modal income;

(iii) median income.

(b) What is the range of the income distribution?

(c) Calculate the total tax that could be generated from the village if

(i) a flat rate tax of 7% is imposed on all households;

(ii) a flat rate tax of 15% is imposed on all households earning $4,000 per annum and above.

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