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OtisamLMS
Economics

Economics · Quick practice · answer shown after each question

Economic systems and macroeconomic variables

Question 1 of 10

Question 1 of 10

The body responsible for official statistics in Ghana is the

Question 2 of 10

Question 2 of 10

A major weakness of the command economy is

Question 3 of 10

Question 3 of 10

The four main macroeconomic objectives include low inflation, low unemployment, economic growth and

Question 4 of 10

Question 4 of 10

Ghana's economy, with both private businesses and state enterprises, is best described as

Question 5 of 10

Question 5 of 10

Inflation in Ghana is usually measured with the

Question 6 of 10

Question 6 of 10

An economy in which the state owns and plans most production is

Question 7 of 10

Question 7 of 10

A mixed economy combines

Question 8 of 10

Question 8 of 10

In a traditional economy, decisions are based mainly on

Question 9 of 10

Question 9 of 10

A key feature of the free market economy is

Question 10 of 10

Question 10 of 10

Unemployment that happens when workers are between jobs is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.