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Economics Past Questions

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2306
Since money is demanded for what it can buy, the demand is said to be
  • A. derived
  • B. joint
  • C. composite
  • D. complementary
View Answer & Discuss WAEC 2008
2307
The supply of money in the economy includes
  • A. bank notes only
  • B. bank note and coins
  • C. bank notes and bank deposits
  • D. bank notes, coins and bank deposits
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2308
A continuous fall in the general price level is called
  • A. recession
  • B. depression
  • C. deflation
  • D. stagflation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2309
The indicator of the value of money is
  • A. the general price level
  • B. the equilibruim price
  • C. consumer''s income
  • D. the interest rate
View Answer & Discuss WAEC 2008
2310
The Central Bank can restrict credit through
  • A. depreciation of assets
  • B. granting overdraft
  • C. direct investment
  • D. open market operation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts