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Economics Past Questions and Answers
Classroom
Economics Questions
Question 2766:
WAEC 2002
Who among the following will benefit from inflation?
SchoolNGR Classroom
A
Pensioners
B
Savers
C
Debtors
D
Creditors
View Answer & Explanation
Question 2767:
WAEC 2002
inflation can be controlled by increasing
SchoolNGR Classroom
A
Aggregate supply
B
Government expenditure
C
Aggregate demand
D
A deficit budget
View Answer & Explanation
Question 2768:
WAEC 2002
Which of the following is a function of merchant banks?
SchoolNGR Classroom
A
Minting of coins
B
Preparation of government budget
C
Keeping watch on external reserves of the country
D
Acting as acceptance houses
View Answer & Explanation
Question 2769:
WAEC 2002
personal savings are generally low in West Africa because of
SchoolNGR Classroom
A
The level of income of people
B
The refusal of banks to grant loans
C
Overpopulation
D
Cheaper foreign currencies
View Answer & Explanation
Question 2770:
WAEC 2002
Which business organization enjoys tax-free point in est Africa?
SchoolNGR Classroom
A
Co-operative societies
B
Private limited liability companies
C
Joint stock companies
D
Partnerships
View Answer & Explanation
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