Search SchoolNGR

Monday, 13 April 2026
Register . Login

Economics Past Questions and Answers

Waec Economics Questions

Question 451:
If a government which owned a company N10,000 in 19196 paid the debt fully in 1985 when the value of money has depreciated by 20 Percent , such a government had
  • A Lost
  • B Been placed at par with the company
  • C Gained
  • D Stabilizing the value of money
  • E Increased the value of money
View Answer & Explanation
Question 452:
Banks create money by
  • A Giving drafts to customers
  • B Printing more money
  • C Lending our deposits to borrowers
  • D Issuing cheques
  • E Depositing exes cash in the trills
View Answer & Explanation
Question 453:
The West African house was established to
  • A Finance development projects in Africa
  • B Enhance financial transaction among memebers countries
  • C Provide technical assistance to memebers countries
  • D Stabilize price in developing countries
  • E Service the debts of the African Countries
View Answer & Explanation
Question 454:
which of the following is a factor affecting the size of national income?
  • A Size of the active population
  • B Taste of the consumers
  • C Number of registered trade unions
  • D Credit-worthiness of the neighbouring countries
  • E Regularity of payment of national debt
View Answer & Explanation
Question 455:
The expenditure of a firm on goods and services for the expansion of its productive capacity is known as
  • A Income
  • B Investment
  • C Savings
  • D Profits
  • E Interest
View Answer & Explanation