Search SchoolNGR

Economics Past Questions and Answers

[share]

Waec Economics Questions

Question 346:

Which of the following is not a function of an insurance company?

SchoolNGR Classroom

A Mobilization of funds through premiums collected
B Encouragement of savings habits through life assurances
C Collection of deposits from the public
D Granting of loans on long-term basis for investment
E Encouragment of investment by security of capital

View Answer & Explanation

Question 347:

Malthus observed in his theory that population was growing

SchoolNGR Classroom

A At a regular rate
B In arithmetical progression
C In geometrical progression
D In mathematical progression
E In trigonometrical progression

View Answer & Explanation

Question 348:

At optimum population level, a country has its

SchoolNGR Classroom

A Maximum population
B Ageing population
C Highest birth rate
D Highest output per heade
E Lowest death rate

View Answer & Explanation

Question 349:

Which of the following does not give a characteristics of money?

SchoolNGR Classroom

A Durable
B Portable
C Divisible into small units
D Generally acceptable
E Medium of exchange

View Answer & Explanation

Question 350:

Which of the following constitute the major components of money supply in a development economy?

SchoolNGR Classroom

A Demand deposits
B Paper money
C Bank drafts
D Coins
E Time deposits

View Answer & Explanation

Stay Updated

Follow us on:

Subjects