Waec Economics Past Questions and Answers

Question 471:

• WAEC 1998

State any five reasons why the use of money has replaced the barter system in modern economic transaction.

Question 472:

• WAEC 1998

Describe any five functions of the Central Bank of Nigeria (CBN).

Question 473:

• WAEC 1998

Why does a country restrict her international trade?

Question 474:

• WAEC 1999

The money payment made to owners of land and labour are

A. Rent and wages
B. Interst and profits
C. Wages and interest
D. Didvidends and salary
E. Tax

Question 475:

• WAEC 1999

The money payment made to owners of land and labour are

A. Rent and wages
B. Interst and profits
C. Wages and interest
D. Didvidends and salary
E. Tax