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Thursday, 30 April 2026
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Economics Past Questions and Answers

Waec Economics Questions

Question 1296:
A price index as a statistic, measures
  • A How the value of money changes over time
  • B The volume of currency in the economy
  • C The exchange rate of a country's currency
  • D The composition of goods and services
View Answer & Explanation
Question 1297:
The different between birth rate and death rate is known as
  • A Demographic transition
  • B Natural growth rate
  • C Migration rate
  • D Fertility rate
View Answer & Explanation
Question 1298:
In open market operations, what the Central Banks sells or buys are
  • A Shares
  • B Debentures
  • C Securities
  • D Equities
View Answer & Explanation
Question 1299:
The following are reasons for failure of agricultural policies in West Africa except
  • A Vague policy statements
  • B Negation of polices
  • C Creation of agro-service stations
  • D Provision of obsolete implements
View Answer & Explanation
Question 1300:
A situation in which the estimated government revenue is less than the proposed expenditure for a given year can be described as
  • A Surplus budgeting
  • B Supplementary budgeting
  • C Balanced budgeting
  • D Deficit budgeting
View Answer & Explanation