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Economics Past Questions

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2311
Creation of money by commercial bank is done by
  • A. increasing the cash ratio
  • B. printing money
  • C. lending to borrowers
  • D. issuing cheques
View Answer & Discuss WAEC 2008
2312
Public finance is basically an analysis of the
  • A. income and expenditure of government
  • B. expenditure patterns of the government
  • C. current and capital receipts of the government
  • D. current and capital expenditure of the government
View Answer & Discuss (1) WAEC 2008
2313

All indirect taxes tend to be

  • A. progressive
  • B. regressive
  • C. certain
  • D. equitable
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2314

Which of the following will have a more destabilizing effect on the economy?

  • A. a tax on the price of vehicle
  • B. a tax on petrol
  • C. a decrease in the supply of vehicle
  • D. moderate increase in wages
View Answer & Discuss WAEC 2008
2315

An important feature of economic development is

  • A. population explotion
  • B. reduction in exports
  • C. high literacy level
  • D. low exports
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