by Sunday | Aug 3 | Economics WAEC
A. an improvement in capital goods technology but not in consumer goods technology B. a movement from unemployment to full employment C. that the output for the society has declined D. a gain in consumer goods technique and not in capital goods technique Correct...
by Sunday | Aug 3 | Economics WAEC
A. reaching full employment but not full production B. attaining full production but not full employment C. under-capitalized D. attaining both full employment and full production Correct Answer: Option A – reaching full employment but not full...
by Sunday | Aug 3 | Economics WAEC
A. payments for imported cars B. receipts from cocoa exports C. receipts from oil exports D. payments for steel imports E. payments to foreign shipping companies Correct Answer: Option E – payments to foreign shipping companies...
by Sunday | Aug 3 | Economics WAEC
A. manufactured goods involved B. currency differentials C. homogeneity of products D. heterogeneity of products E. uniformity of prices Correct Answer: Option B – currency differentials
by Sunday | Aug 3 | Economics WAEC
A. goods that are produced and consumed locally B. foreign exchange earnings C. imported but inferior goods D. foreigners working in a country E. imports and exports Correct Answer: Option E – imports and exports
by Sunday | Aug 3 | Economics WAEC
A. ratio of capital movement to export movements B. ratio of import to short-term export C. difference between export and import D. ratio of short-term capital movement to long-term capital movements E. ratio of index of export prices to index of import prices Correct...