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Economics WAEC Past Questions

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1216

The stock market is a market for

  • A. new and second hand shares
  • B. debentures
  • C. goods and services
  • D. short terms securities
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1217

Indirect taxes are generally

  • A. progressive
  • B. regressive
  • C. equitable
  • D. proportionate
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1218

Fiscal policy that can control inflation will include the use of

  • A. balanced budgeting
  • B. tax holidays
  • C. budget deficit
  • D. budget surplus
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1219

Which is following is a cause of under-development in West Africa

  • A. Availability of manpower
  • B. increasing population
  • C. high rate of capital formation
  • D. large size of market places
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1220

Which of the following is not a major problem of development

  • A. shortage of skilled manpower
  • B. inadequate data for planning
  • C. political instability
  • D. poor identification of projects
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