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Tuesday, 14 April 2026
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Economics Past Questions and Answers

Waec Economics Questions

Question 986:
which of the following is true under rapid inflation? People
  • A Demand less foreign exchange
  • B Set up businesses
  • C Rush to pay their taxes
  • D Hardly wants to lend money
View Answer & Explanation
Question 987:
which of the following financial institutions was originally known as a Building Society?
  • A Development banks
  • B Insurance company
  • C Mortgage banks
  • D Merchant banks
View Answer & Explanation
Question 988:
A non-bank financial intermediary which is regarded as a pool of risks is the
  • A Co-operative society
  • B Stock exchange
  • C Insurance company
  • D Post office
View Answer & Explanation
Question 989:
A foreign exchange market deals in
  • A Treasury bills
  • B Currencies
  • C Government bonds
  • D Commodities
View Answer & Explanation
Question 990:
Which of the following institutions assists the government in managing the national debt?
  • A Commercial banks
  • B The Central banks
  • C The capital market
  • D The World bank
View Answer & Explanation