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Economics Past Questions

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WAEC offline past questions - with all answers and explanations in one app - Download for free
4256

Money would cease to be a good store of value when 

  • A. prices of goods and services are falling slowly
  • B. there is a high level of unemployment 
  • C. prices of goods and services are rising rapidly
  • D. prices of go0ds and services are rising slowing 
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4257

Which of the following factors may lead to the underestimation of national income figures?

  • A. Availability of skilled statisticians
  • B. High volume of exports
  • C. Emigration of skilled workers to foreign countries
  • D. Subsistence production 
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4258

Governments in West Africa can curtail inflation by 

  • A. purchasing securities in the open market
  • B. selling securities in the open market
  • C. encouraging importation of goods from all countries
  • D. encouraging banks to lend for
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4259

The central bank Can reduce the ability of commercial banks to give out loans by 

  • A. raising the bank rates
  • B. reducing special deposits
  • C. reducing the liquidity ratio
  • D. issuing more currency
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4260

Tools of monetary policy do not include

  • A. open market operations
  • B. reserve requirement
  • C. bank rate
  • D. tax and public expenditure
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WAEC offline past questions - with all answers and explanations in one app - Download for free
Download WAEC May/June App - Get all past questions and answers, 100% offline - 43208
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709