Past Questions And Answers
Which of the following is applicable in a wholly capitalist economy?
- A. There is government intervention in price determination
- B. Consumer sovereignty does not exist
- C. The price mechanism allocates resources
- D. Households cannot freely decide what to spend on goods and services
The right of citizens to vote is
- A. Universal suffrage
- B. Nationality suffrage
- C. Electoral suffrage
- D. Adult suffrage
A simple microscope forms an image twice the size of the object. If the focal length of the lens of the microscope is 20m, how far is the object from the lens?
- A. 10m
- B. 20m
- C. 30m
- D. 40m
Which of the following is NOT correct in terms of the country's major product for international trade?
- A. Manritius: sugar
- B. Libya: petroleum
- C. Zambia: copper
- D. Cote d'Ivoire: diamond
Bola asked the pastor _______
- (A) are you hearing me?
- (B) are you not hearing me?
- (C) can you hear me?
- (D)have you not been hearing me?
A sound wave is produced fron a source ans an echo is heard t seconds afterwards. If d is the distance of the reflecting surface from the source, v the speed, p the wavelength and T the period of the wave, then
- A. d = \(\frac{2t}{\lambda}\)
- B. d = \(\frac{\lambda t}{2T}\)
- C. d = \(\frac{2T}{\lambda t}\)
- D. d = \(\frac{\lambda T}{2t}\)
Khadijah married Muhammad(S.A.W.) at the age of
- A. 40
- B. 30
- C. 20
- D. 30
The tables below show the expected revenues and projected expenditures from the budget of a hypothetical country in 1998. Use the information in the tables to answer the questions that follow.
EXPECTED REVENUE
| ITEM | AMOUNT ($ millions) |
| Rents, royalties and profits | 75.00 |
| Company income tax | 150.00 |
| Customs and excise duties | 300.20 |
| Personal income tax | 80.00 |
| Fees specific charges | 60.80 |
| Value added tax | 100.00 |
PROJECTED EXPENDITURE
| ITEM | AMOUNT ($ millions) |
| General administration | 220.10 |
| Maintenance of foreign missions | 50.00 |
| Transfer payments | 65.00 |
| Building of schools and hospitals | 200.00 |
| Road construction | 180.90 |
(a) Calculate the total revenue from
(i) direct taxes [3 marks]
(ii) indirect taxes [3 marks]
(iii) non-tax sources [3 marks]
(b) Determine the total
(i) capital expenditure [3 marks]
(ii) recurrent expenditure [3 marks]
(c) Determine whether the budget is a surplus or deficit. [5 marks]
The tables below show the expected revenues and projected expenditures from the budget of a hypothetical country in 1998. Use the information in the tables to answer the questions that follow.
EXPECTED REVENUE
| ITEM | AMOUNT ($ millions) |
| Rents, royalties and profits | 75.00 |
| Company income tax | 150.00 |
| Customs and excise duties | 300.20 |
| Personal income tax | 80.00 |
| Fees specific charges | 60.80 |
| Value added tax | 100.00 |
PROJECTED EXPENDITURE
| ITEM | AMOUNT ($ millions) |
| General administration | 220.10 |
| Maintenance of foreign missions | 50.00 |
| Transfer payments | 65.00 |
| Building of schools and hospitals | 200.00 |
| Road construction | 180.90 |
(a) Calculate the total revenue from
(i) direct taxes [3 marks]
(ii) indirect taxes [3 marks]
(iii) non-tax sources [3 marks]
(b) Determine the total
(i) capital expenditure [3 marks]
(ii) recurrent expenditure [3 marks]
(c) Determine whether the budget is a surplus or deficit. [5 marks]
View Discussion (0)WAEC 2012 THEORYWhich of the following will be applied when a metal Y is used to electroplate another metal X in electrolysis?
- A) X is the anode and very high current is used
- B) X is the anode and Y is the cathode
- C) Y is the cathode and X is the anode
- D) Y is the anode and very high current is used
(a) Explain diffusion.
(b) Give one reason why the rate of diffusion is higher in gases than in liquids at the same temperature.
View Discussion (0)WAEC 2011 THEORY