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Economics 2008 WAEC Past Questions

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36
A continuous fall in the general price level is called
  • A. recession
  • B. depression
  • C. deflation
  • D. stagflation
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37
The indicator of the value of money is
  • A. the general price level
  • B. the equilibruim price
  • C. consumer''s income
  • D. the interest rate
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38
The Central Bank can restrict credit through
  • A. depreciation of assets
  • B. granting overdraft
  • C. direct investment
  • D. open market operation
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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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39
Creation of money by commercial bank is done by
  • A. increasing the cash ratio
  • B. printing money
  • C. lending to borrowers
  • D. issuing cheques
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40
Public finance is basically an analysis of the
  • A. income and expenditure of government
  • B. expenditure patterns of the government
  • C. current and capital receipts of the government
  • D. current and capital expenditure of the government
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WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts