WASSCE Economics · Paper 1 style

Market

One sample question with the full working. 1 more in the app, with instant feedback and repair sessions for the traps below.

In economics, a market is

Aonly a building where goods are sold
Ba place where only food is sold
Cany arrangement that brings buyers and sellers into contact
Dthe government department for trade

Show the answer and working

Answer: C

Market = buyers and sellers in contact.

Trap A Uses the everyday meaning of a term: Economic terms have precise definitions. Recall the textbook definition before matching.

Trap B Gives only part of the answer: List every component in the definition (GDP = C + I + G + (X − M)) and tick them off before answering.

Trap D Picks a closely related concept: Learn related terms as contrasting pairs with one-line definitions, and identify which one the stem describes.

Traps in Market

Uses the everyday meaning of a term
Economic terms have precise definitions. Recall the textbook definition before matching.
Gives only part of the answer
List every component in the definition (GDP = C + I + G + (X − M)) and tick them off before answering.
Picks a closely related concept
Learn related terms as contrasting pairs with one-line definitions, and identify which one the stem describes.

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