NECO Economics · National income, money and public finance
Money and inflation: NECO Economics Past Questions and Answers
What the WAEC syllabus covers in Money and inflation
Our summary: What money is and does, what decides its value, and the causes, effects and control of inflation.
- Money – definition and historical development – barter and its problems, types, characteristics, functions
- Supply of and demand for money, value of money and the price level
- Inflation: meaning, types, causes, effects and control
Syllabus content © The West African Examinations Council (WASSCE (harmonised West African syllabus)). NECO questions are matched to the WAEC syllabus topic.
NECO Economics questions on Money and inflation
- NECO 2009The value of money is affected by
- NECO 2009Inflation is a … .
- NECO 2009The following are qualities of money EXCEPT
- NECO 2009The purchasing power of the Naira will fall when
- NECO 2007The following measures used to check deflation EXCEPT
- NECO 2007The equation MV PT is known as
- NECO 2005If two bags of rice were sold for N1,250 a mouth ago and two weeks later, the same amount was used to procure one bag. This simply means that the value of money…
- NECO 2005Persistent fail In the general price level Is known as
- NECO 2004An inflation which occurs as a result of increase in production cost is known as
- NECO 2004The introduction of money into the economy has helped to resolve the following problems EXCEPT
- NECO 2004The indices used to measure the cost of living is
- NECO 2003Which of the following is NOT a cause of inflation?
- NECO 2003Which of the following is a motive for holding money?
- NECO 2003In the equation MV = PT; V stand for
- NECO 2002The main disadvantages of deflationary policies is
- NECO 2002Transcationary motive implies, holding money
- NECO 2002Which of these is a necessary condition for trade by barter?
- NECO 2002Which of the following measure will NOT serves as a control during inflation period?
Years with Money and inflation questions in DeeepSolve's question bank
From the past questions DeeepSolve holds, not a count of everything the exam body has set.
- 2009
- 2007
- 2005
- 2004
- 2003
- 2002