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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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276
Which of the following is not a function of an insurance company?
  • A. Mobilization of funds through premiums collected
  • B. Encouragement of savings habits through life assurances
  • C. Collection of deposits from the public
  • D. Granting of loans on long-term basis for investment
  • E. Encouragment of investment by security of capital
View Answer & Discuss WAEC 1995
277
Malthus observed in his theory that population was growing
  • A. at a regular rate
  • B. in arithmetical progression
  • C. in geometrical progression
  • D. in mathematical progression
  • E. in trigonometrical progression
View Answer & Discuss WAEC 1995
278
At optimum population level, a country has its
  • A. maximum population
  • B. ageing population
  • C. highest birth rate
  • D. highest output per heade
  • E. lowest death rate
View Answer & Discuss (2) WAEC 1995
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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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279

Which of the following does not give a characteristics of money?

  • A. Durable
  • B. Portable
  • C. Divisible into small units
  • D. Generally acceptable
  • E. Medium of exchange
View Answer & Discuss (2) WAEC 1995
280
Which of the following constitute the major components of money supply in a development economy?
  • A. Demand deposits
  • B. Paper money
  • C. Bank drafts
  • D. Coins
  • E. Time deposits
View Answer & Discuss (3) WAEC 1995
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