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Economics 1994 Waec Past Questions and Answers

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Economics 1994 Waec Past Questions


Question 41 :



(a) Explain the term national debt.
(b) State any four instruments of government borrowing in Nigeria.



Question 42 :



Compare and contrast the private limited company with the public limited company.



Question 43 :



(a) Outline the main features of the Malthusian theory on population.
(b) Explain the developments that render the theory irrelevant to the present day situation.



Question 44 :



What is money ? Explain its characteristics.



Question 45 :



(a) Explain the term capital market.
(b) How is the capital market different from the stock exchange?
(c) What are the advantages of the capital market?







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