by Sunday | Aug 3 | Economics WAEC
A. Internal trade B. Stock exchange C. Foreign exchange D. Barter trade E. Exchange of personal properties Correct Answer: Option B – Stock exchange
by Sunday | Aug 3 | Economics WAEC
A. wages and salaries B. direct taxes paid by persons and companies C. rents on houses D. retirement benefits E. business profits Correct Answer: Option D – retirement benefits
by Sunday | Aug 3 | Economics WAEC
A. savings account facilities for a developing economy B. foreign exchange facilities for importers and exporters C. capital for development of specific sectors D. capital for hire-purchase of machinery E. capital for the development of special banks Correct Answer:...
by Sunday | Aug 3 | Economics WAEC
A. receiving grants from the IMF B. having budget surplus C. excessive government spending on banks D. borrowing to finance a budget E. inadequate supply of money from the finance companies Correct Answer: Option D – borrowing to finance a...
by Sunday | Aug 3 | Economics WAEC
A. making profits B. creating money C. paying high-interest rate D. preventing inflation E. issuing currencies Correct Answer: Option A – making profits
by Sunday | Aug 3 | Economics WAEC
A. improved working conditions B. better and health care facilities C. adequate training D. stable economy E. frequent strikes and lock-outs Correct Answer: Option E – frequent strikes and lock-outs