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Economics 2007 WAEC Past Questions

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31
A non-bank financial intermediary which is regarded as a pool of risks is the
  • A. co-operative society
  • B. stock exchange
  • C. insurance company
  • D. post office
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32
A foreign exchange market deals in
  • A. treasury bills
  • B. currencies
  • C. government bonds
  • D. commodities
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33
Which of the following institutions assists the government in managing the national debt?
  • A. Commercial banks
  • B. The Central banks
  • C. The capital market
  • D. The World bank
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34
If tax takes a large proportion of the income of people with lower income, the tax is
  • A. progressive
  • B. proportional
  • C. regressive
  • D. investment
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35
Which of the following is an example of direct tax?
  • A. import duties
  • B. income tax
  • C. export duties
  • D. purchase tax
View Answer & Discuss (1) WAEC 2007
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free