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Economics WAEC Past Questions

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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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776
Which of the following is a legal tender in West Africa?
  • A. Treasury Bill
  • B. Share
  • C. Credit card
  • D. Currency
View Answer & Discuss WAEC 2006
777
The policy of government to increase the supply of money to meet its own expenditure plans is likely to be
  • A. speculative
  • B. deflationary
  • C. inflationary
  • D. contractionary
View Answer & Discuss WAEC 2006
778
The tendency for prices to rise while the value of money fall is known as
  • A. bills of exchange
  • B. inflation
  • C. depreciation
  • D. deflation
View Answer & Discuss WAEC 2006
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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779
One way to solve the economic problem of inflation in a country is by increasing the
  • A. supply of commodities
  • B. supply of currency
  • C. salaries of workers
  • D. demand for commodities
View Answer & Discuss (1) WAEC 2006
780
The motive for holding money for investing in securities is referred to as
  • A. transactionary
  • B. speculative
  • C. accumulation
  • D. deflationary
View Answer & Discuss WAEC 2006
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