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Economics 2001 WAEC Past Questions

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31
which of the following is the most liquid asset?
  • A. Bank notes
  • B. Silver
  • C. Bank deposit
  • D. cheques
View Answer & Discuss (2) WAEC 2001
32
The situation in which there is persistent fall in the general price level is referred to as
  • A. devaluation
  • B. depreciation
  • C. deflation
  • D. inflation
View Answer & Discuss WAEC 2001
33
commercial banks settle their daily interbank indebtedness through the
  • A. money market
  • B. finance House
  • C. acceptance house
  • D. Clearing House
View Answer & Discuss (2) WAEC 2001
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34
One disadvantage of inflation is that?
  • A. fixed income earners gain
  • B. fixed income eaners lose
  • C. businessmen lose
  • D. standard of living rises
View Answer & Discuss WAEC 2001
35
Short-term loans can be sourced from
  • A. the central banks
  • B. development banks
  • C. Mortgage banks
  • D. commercial banks
View Answer & Discuss (1) WAEC 2001
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