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Economics WAEC Past Questions

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821
To promote the development of agricultural sector, government of West African countries should
  • A. encourage rural-urban drift
  • B. discourage foreign investment in agriculture
  • C. support the marketing of farm produce
  • D. reduce tarrif of food imports
View Answer & Discuss WAEC 2007
822
The most important quality of money is that it must be
  • A. relatively scarce
  • B. generally acceptable
  • C. portable
  • D. durable
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823
A certain amount of money is needed for everyday expenditure like buying of goods, transportation and others. This is
  • A. transaction demand for money
  • B. precautionary demand for money
  • C. derived demand for money
  • D. speculative demand for money
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824
Long-term loans can be secured from
  • A. Commercial banks
  • B. discount houses
  • C. development banks
  • D. acceptance houses
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825
The value of money is generally measured in relation to the
  • A. interest rate charged on the bank loans
  • B. general price level
  • C. size of a country's gold stock
  • D. volume of imports
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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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