Economics

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Past Questions

Question 1666
waec 1994
a

allowance for total depreciation

b

total interest payment

c

net income from abroad

d

total tax and interest payment

e

net internally generated income

Question 1667
waec 1994
a

is responsible for formulating monetary policies

b

accepts demand and time deposits from constomers

c

is the lender of the last resort

d

is the banker of the government

e

is responsible for issuing currency notes

Question 1668
waec 1994
a

poor communication network

b

inadequate storage facilities

c

ignorance of consumers

d

Dishonesty of middlemen

e

inadequate market

Question 1669
waec 1994
a

marginal cost

b

inferior item

c

opportunity cost

d

supplementary item

e

prime cost

Question 1670
waec 1994
a

a favourable climate

b

coal deposits

c

oil palm products

d

an undullating terrain

e

oil deposits

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