Search SchoolNGR

Monday, 13 April 2026
Register . Login

Economics Past Questions and Answers

Waec Economics Questions

Question 926:
The tendency for prices to rise while the value of money fall is known as
  • A Bills of exchange
  • B Inflation
  • C Depreciation
  • D Deflation
View Answer & Explanation
Question 927:
One way to solve the economic problem of inflation in a country is by increasing the
  • A Supply of commodities
  • B Supply of currency
  • C Salaries of workers
  • D Demand for commodities
View Answer & Explanation
Question 928:
The motive for holding money for investing in securities is referred to as
  • A Transactionary
  • B Speculative
  • C Accumulation
  • D Deflationary
View Answer & Explanation
Question 929:
A cheque book is issued to customers of a bank operating a
  • A Savings account
  • B Time deposit account
  • C Current account
  • D Fixed deposit account
View Answer & Explanation
Question 930:
Amount proposed for payment of wages and salaries in a budget is regarded as part of
  • A Recurrent expenditure
  • B Direct investment
  • C Recurrent revenue
  • D Capital receipts
View Answer & Explanation