WAEC Past Questions and Answers - Page 3179

15,891.

If the marginal propensity to save is 0.8, calculate the multiplier?

A.

1.25

B.

5.00

C.

1.30

D.

2.25

Correct answer is B

The multiplier effect refers to the increase in final income arising from any new injection of spending. The size of the multiplier depends upon household's marginal decisions to spend, called the marginal propensity to consume (mpc), or to save, called the marginal propensity to save (mps).

The following general formula to calculate the multiplier uses marginal propensities, as follows:

    1      
1 - mpc

Hence, if consumers save 0.8 and spend 0.2 of every N1 of extra income, the multiplier will be:
   1      =        1      = 5
1 - 0.8         0.2

15,892.

The number of Rakah in the obligatory prayers of Friday is

A.

2

B.

17

C.

15

D.

18

Correct answer is C

Fajr = 2
Jummah = 2
Asr = 4
Magrib = 3
Ishai = 4

15,893.

In the science of Hadith, the next Sahih to authenticity is

A.

Qudsi

B.

Da'if

C.

Hasan

D.

Muttasil

Correct answer is C

In the science of Hadith, the classification of Hadiths in terms of authenticity is as follows: Sahih (Authentic), Hasan (Good), and Da'if (Weak). Therefore, the next to Sahih in terms of authenticity is Hasan.

15,894.

Suratud-Duha (Q.93) in the Quran has a total of 11 verses. Therefore, without the last verse, the remaining verses are 10.

A.

10

B.

9

C.

11

D.

8

Correct answer is A

Suratud-Duha (Q.93) in the Quran has a total of 11 verses. Therefore, without the last verse, the remaining verses are 10.

15,895.

"Lam yalid wa lam yulad"(Q 112:3) is preceded by

A.

Wa lam yakul-Lahu Kufuwan ahad

B.

Lakum dinukum waliyadi

C.

Qul Huwal Lahu Ahad

D.

Allahu Samad

Correct answer is D

"Lam yalid wa lam yulad"(Q 112:3) is preceded by "Allahu Samad"(Q 112:2). This is a verse from the Quran, Surah Al-Ikhlas. The verse "Lam yalid wa lam yulad" translates to "He begets not, nor is He begotten" and the preceding verse "Allahu Samad" translates to "Allah, the Eternal Refuge".