by Sunday | Aug 3 | Economics WAEC
A. is unable to deal with the Central Bank B. has a low level of the capital base C. has a low level of deposits D. experiences a serious liquidity crisis Correct Answer: Option D – experiences a serious liquidity crisis
by Sunday | Aug 3 | Economics WAEC
A. reduce importation of commodities B. increase the general level of production C. reduce the volume ofmoney supply D. set up price control boards Correct Answer: Option B – increase the general level of production
by Sunday | Aug 3 | Economics WAEC
A. ban on importation of foreign goods B. population upsurge C. the introduction of value-added tax D. increase in transport costs Correct Answer: Option C – the introduction of value-added tax
by Sunday | Aug 3 | Economics WAEC
A. when the inflation rate is high and the economic is experiencing a boom B. of economic depression accompanied by low capacity utilization C. when trade unions are clamouring for higher wages D. when price of crude petroleum is rising Correct Answer: Option B...
by Sunday | Aug 3 | Economics WAEC
A. present a united front for the purpose of raising the price of crude oil B. bring unity among the petroleum exporting states C. ensuring political stability among member states D. ensure that rules on quota producion are strictly followed Correct Answer: Option D...
by Sunday | Aug 3 | Economics WAEC
A. skilled manpower B. palm kernel and cocoa C. crude oil D. groundnuts and cotton Correct Answer: Option C – crude oil