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Economics Past Questions

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3581

the stock exchange is an example of the?

  • A. labour market
  • B. money market
  • C. commodity market
  • D. capital market
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3582

what happens when the central bank increases bank rate in an economy

  • A. borrowing is discouraged
  • B. customers increase their borrowing
  • C. banks can increase their lending
  • D. money supply increases
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3583

income is redistributed when the rich are progressively taxed and?

  • A. more private schools are established
  • B. subsidy is provided on petroleum products
  • C. more public goods are provided
  • D. farmers are given guaranteed prices
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
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3584

in order to increase revenue, government should tax commodities for which demand is? 

  • A. perfectly price inelastic
  • B. price inelastic
  • C. price elastic
  • D. unitary elastic
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3585

which of the following activities will not lead to economic growth?

  • A. massive importation of capital goods
  • B. intensive capital formation locally
  • C. use of modern technology
  • D. massive importation of consumer goods
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Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709