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Economics WAEC Past Questions

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351
which of the following will not increase the population of a country?
  • A. an increase in birth rate
  • B. a decrease in death rate
  • C. better medical services
  • D. immigration
  • E. Emigration
View Answer & Discuss (2) WAEC 1997
352
the actual output of an economy is the output
  • A. which would exist if al resources were fully employed
  • B. produced by currently employed labour capital and land
  • C. produced in the consumer goods sector
  • D. produced in the capital goods sector
  • E. produced by agriculture sector
View Answer & Discuss WAEC 1997
353
one of the instruments of protection of infants industries is the
  • A. price control board
  • B. open market operation
  • C. tarrif
  • D. GDP-deflator
  • E. multiplier
View Answer & Discuss WAEC 1997
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354
inflation caused by increase in demand can be curbed by
  • A. exporting more goods and services
  • B. hoarding of goods
  • C. increasing the level of output
  • D. increasing the level of money supply
  • E. reducing importation
View Answer & Discuss WAEC 1997
355
which of the following is a function of commercial banks?
  • A. issuing currencies
  • B. accepts deposits
  • C. Are the bankers' bank
  • D. Determine the rate of interest
  • E. increase of time in learning a trade
View Answer & Discuss WAEC 1997
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