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Economics Past Questions and Answers
Classroom
Economics Questions
Question 3411:
WAEC 2013
Which of the following is involved in the money market?
SchoolNGR Classroom
A
Building society
B
Development banks
C
Commercial banks
D
Stock exchange
View Answer & Explanation
Question 3412:
WAEC 2013
Demand pull inflation can aptly be described as
SchoolNGR Classroom
A
Inflation induced by rising costs of production
B
Reduction in government expenditure
C
Persistent rise in prices due to increase in expenditure
D
Massive importation of goods from a country with hyper inflation
View Answer & Explanation
Question 3413:
WAEC 2013
In order to develop the banking habit of rural dwellers, the traditional money lenders should be
SchoolNGR Classroom
A
Proscribed
B
Legalized
C
Subsidized
D
Heavily taxed
View Answer & Explanation
Question 3414:
WAEC 2013
All rates of interest in a country are influenced by the
SchoolNGR Classroom
A
Bank rate
B
Population growth rate
C
Wage rate
D
Mortgage rate
View Answer & Explanation
Question 3415:
WAEC 2013
Exchange control is a weapon used in regulating
SchoolNGR Classroom
A
Barter trade
B
Stock exchange
C
Foreign trade
D
Internal trade
View Answer & Explanation
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