WAEC Likely 2027 — Economics questions

50 likely Economics questions for the 2027 WAEC examination, written from the official syllabus and recurring past-question patterns, each with the correct answer and a short explanation. The first 6 are free to read — full access (₦2,990 once) unlocks all 50.

Unlock all 50 for ₦2,990 Practise Economics in CBT mode Economics syllabus

1. Which measure would most directly reduce post-harvest losses among tomato farmers in northern Nigeria?

Agriculture

2. Import-substitution industrialization is primarily intended to

Industrialization

3. When the Central Bank of Nigeria acts as lender of last resort, it

Money and Banking

4. A sustained rise in the general price level caused mainly by higher energy and transport costs is known as

Inflation

5. In a hypothetical economy, consumption is ₦500 billion, investment is ₦120 billion, government expenditure on goods and services is ₦180 billion, exports are ₦100 billion and imports are ₦80 billion. What is GDP using the expenditure approach?

National Income Accounting

6. A tax system in which the proportion of income paid as tax increases as income rises is described as

Public Finance: Taxation

These are AI predictions for revision, not leaked or official exam questions.