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Economics WAEC Past Questions

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136
A shift of the demand curve to the right when the supply curve remains constant , implies that
  • A. both price and quantity demanded will increase
  • B. only price increases
  • C. both price and quantity demanded will decrease
  • D. the price remains constant
  • E. the price falls
View Answer & Discuss WAEC 1991
137
The natural growth rate of a population is the
  • A. sum of the birth rate and death rate
  • B. sum of the birth rate and the net immigration rate
  • C. birth rate minus the death rate
  • D. birth rate divided by the net immigration
  • E. death rate minus the net immigration
View Answer & Discuss WAEC 1991
138
in the event of a limited liability company going into liquidation, each shareholder
  • A. may lose a maximum of the amount he has invested
  • B. lose nothing
  • C. loses everything including his house
  • D. may have unlimited liability
  • E. will lose the amount he has invested plus a proportion of his bank account
View Answer & Discuss WAEC 1991
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139
Which of the following are direct taxes?
  • A. Sale taxes
  • B. Excise duties
  • C. income and company taxes
  • D. Tarrif duties
  • E. Commodity taxes
View Answer & Discuss WAEC 1991
140
Which of the following is a function of money? It is
  • A. portable
  • B. A standard of diferred payment
  • C. relatively stable in value
  • D. generally acceptable
  • E. an easily divisible item
View Answer & Discuss (2) WAEC 1991
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