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Waec Economics 1994 Past Questions and Answers

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Waec 1994 Economics 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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