Waec Economics Past Questions For Year 2006
Question 1
which of the following is not a reason for establishing public enterprises?
- A. discouraging investors
- B. opening up neglected parts of the country
- C. effective control of a natural monopoly
- D. rapid economic development
Question 2
buying and selling of shares is a function performed mostly by the
- A. insurance companies
- B. stock exchanges
- C. merchant banks
- D. discount houses
Question 3
The motive for holding money for investing in securities is referred to as
- A. transactionary
- B. speculative
- C. accumulation
- D. deflationary
Question 4
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
Question 5
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
