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Economics 1990 WAEC Past Questions

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26
which of the following are determinants of the rate of population growth?
  • A. Birth rate, immigration and death rate
  • B. birth rate, death rate and emigration
  • C. Death rate , birth rate and net migration
  • D. Migration, large families and birth rate
  • E. Death rate, migration and mortality rate
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27
The concentration of industries in one place is referred to as
  • A. location of industries
  • B. multiplication of industries
  • C. pluralization of industries
  • D. proliferation of industries
  • E. localization of industries
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28
which of the following best describes the budget? A
  • A. plan of government's needs and expenditure for a year
  • B. detailed estimate of government financial operation for a year
  • C. satisfactory balance between income and expenditure for one year
  • D. plan for importation of essential goods and services for one year
  • E. plan for control of government industries and corporations for one year
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29
Which of the following is not done by the NNPC?
  • A. production of crude oil
  • B. Refining of crude oil
  • C. Exploration for crude oil
  • D. Exploitation of crude oil
  • E. Pricing of crude oil
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30
One major function of the Central Bank is to
  • A. mint money
  • B. hold demand deposit and honour cheques
  • C. act as a medium of exchange
  • D. create money
  • E. control and regulate money supply
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