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Economics WAEC Past Questions

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886
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
View Answer & Discuss (1) WAEC 2008
887

All indirect taxes tend to be

  • A. progressive
  • B. regressive
  • C. certain
  • D. equitable
View Answer & Discuss WAEC 2008
888

Which of the following will have a more destabilizing effect on the economy?

  • A. a tax on the price of vehicle
  • B. a tax on petrol
  • C. a decrease in the supply of vehicle
  • D. moderate increase in wages
View Answer & Discuss WAEC 2008
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889

An important feature of economic development is

  • A. population explotion
  • B. reduction in exports
  • C. high literacy level
  • D. low exports
View Answer & Discuss WAEC 2008
890

Trades among nations is desirable because

  • A. enables people in a country to know those in other countries
  • B. makes it possible for people in a country to enjoy the goods and services produced in other countries
  • C. enables residents in country a to understand the language of residents of other countriesd
  • D. makes it possible for a country to have the currencies of other countries
View Answer & Discuss WAEC 2008
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