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Economics 2002 WAEC Past Questions

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31
Who among the following will benefit from inflation?
  • A. pensioners
  • B. savers
  • C. debtors
  • D. creditors
View Answer & Discuss WAEC 2002
32
inflation can be controlled by increasing
  • A. aggregate supply
  • B. government expenditure
  • C. aggregate demand
  • D. a deficit budget
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33
Which of the following is a function of merchant banks?
  • A. minting of coins
  • B. preparation of government budget
  • C. keeping watch on external reserves of the country
  • D. acting as acceptance houses
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34
personal savings are generally low in West Africa because of
  • A. the level of income of people
  • B. the refusal of banks to grant loans
  • C. overpopulation
  • D. cheaper foreign currencies
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35
Which business organization enjoys tax-free point in est Africa?
  • A. co-operative societies
  • B. private limited liability companies
  • C. joint stock companies
  • D. partnerships
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