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Economics Past Questions

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2206
The motive for holding money for investing in securities is referred to as
  • A. transactionary
  • B. speculative
  • C. accumulation
  • D. deflationary
View Answer & Discuss WAEC 2006
2207
A cheque book is issued to customers of a bank operating a
  • A. savings account
  • B. time deposit account
  • C. current account
  • D. fixed deposit account
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2208
Amount proposed for payment of wages and salaries in a budget is regarded as part of
  • A. recurrent expenditure
  • B. direct investment
  • C. recurrent revenue
  • D. capital receipts
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2209
The difference between the Gross National Products (GNP) and the Gross Domestic Product (GDP) is
  • A. total interest payment
  • B. net income generated internally
  • C. total national savings
  • D. net income from abroad
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2210
which of the following agricultural system is mainly for the cultivation of food crops for family consumption?
  • A. Co-operative farming
  • B. Commercial farming
  • C. Subsistence farming
  • D. Plantation farming
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