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Economics WAEC Past Questions

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396
Which of the following is used to measure inflation?
  • A. Opem market operation
  • B. Cash-deposit ratio
  • C. price index
  • D. Multiplier
  • E. Fiscal policy
View Answer & Discuss (3) WAEC 1998
397

If a government which owned a company N10,000 in 1966 paid the debt fully in 1985 when the value of money has depreciated by 20 Percent, such a government had

  • A. lost
  • B. been placed at par with the company
  • C. gained
  • D. stabilizing the value of money
  • E. increased the value of money
View Answer & Discuss (1) WAEC 1998
398
Banks create money by
  • A. giving drafts to customers
  • B. printing more money
  • C. lending our deposits to borrowers
  • D. issuing cheques
  • E. depositing exes cash in the trills
View Answer & Discuss WAEC 1998
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399
The West African house was established to
  • A. finance development projects in Africa
  • B. enhance financial transaction among memebers countries
  • C. provide technical assistance to memebers countries
  • D. stabilize price in developing countries
  • E. service the debts of the African Countries
View Answer & Discuss WAEC 1998
400
which of the following is a factor affecting the size of national income?
  • A. size of the active population
  • B. taste of the consumers
  • C. Number of registered trade unions
  • D. Credit-worthiness of the neighbouring countries
  • E. Regularity of payment of national debt
View Answer & Discuss WAEC 1998
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