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Economics 1989 WAEC Past Questions

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6
money supply at any given point in time refers to as
  • A. bank notes, coins abd demand deposits
  • B. notes and coins only
  • C. minted money
  • D. hoarded money
  • E. money received as gifts
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7
all the following are source of finance to a Joint Stock Company except
  • A. bank loans
  • B. equity shares
  • C. debentures
  • D. preference shares
  • E. cooperative thrift
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8
Data presented in table are usually arranged in
  • A. charts and tables
  • B. rows and columns
  • C. graphs and rows
  • D. pictograms and columns
  • E. maps and pie charts
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9
which of the following is not a function of money?
  • A. store of values
  • B. unit of accounts
  • C. measures of value
  • D. standard for deferred payment
  • E. stability in value
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10
Which of the following is not appropriate in calculating national income figures?
  • A. output method
  • B. Income method
  • C. Expenditure method
  • D. Value added method
  • E. Depreciation method
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