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Economics Past Questions

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3681

The main item traded on a stock exchange market is 

  • A. treasury bills
  • B. travellers cheque
  • C. foreign currencies
  • D. new shares
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3682

The proportion of commercial banks' total assets kept in the form of highly liquid assets is known as 

  • A. demand deposit
  • B. fixed deposit
  • C. cash ratio
  • D. moral suasion
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3683

which of the following is not an objective of economic planning

  • A. need to direct economic development of the country towards the desired direction
  • B. desire to ensure a sustained cultural development of the country
  • C. desire to widen the gap between developing countries and the developed world
  • D. management of scarce resources in the face of unlimited wants of the citizens
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
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3684

In order to control inflation, the government should

  • A. reduce the cost of borrowing
  • B. buy securities in the open market
  • C. adopt restrictive monetary policy
  • D. discourage savings
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3685

when the demand for foreign exchange exceeds its supply, the value of the domestic currency 

  • A. appreciates
  • B. depreciates
  • C. remains inchanged
  • D. expands
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts