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WAEC Economics 2024 Objective — Question 42

Question 42 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.

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42. An increase in a country's production capacity usually leads to economic

  • A. development.
  • B. stability.
  • C. growth.Correct
  • D. efficiency.

Explanation

When a country's production capacity increases, there is economic growth; if this growth is sustained, it eventually leads to economic development.

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