Waec Economics Past Questions and Answers

Question 1526:

• WAEC 2016

Which of the following financial institutions cannot be found on the capital market of a country

A. Commercial bank
B. Mortgage bank
C. Stock exchange
D. Agricultural bank

Question 1527:

• WAEC 2016

The stock market is a market for

A. New and second hand shares
B. Debentures
C. Goods and services
D. Short terms securities

Question 1528:

• WAEC 2016

Indirect taxes are generally

A. Progressive
B. Regressive
C. Equitable
D. Proportionate

Question 1529:

• WAEC 2016

Fiscal policy that can control inflation will include the use of

A. Balanced budgeting
B. Tax holidays
C. Budget deficit
D. Budget surplus

Question 1530:

• WAEC 2016

Which is following is a cause of under-development in West Africa

A. Availability of manpower
B. Increasing population
C. High rate of capital formation
D. Large size of market places