by Sunday | Aug 2 | Economics WAEC
A. exporting more goods and services B. hoarding of goods C. increasing the level of output D. increasing the level of money supply E. reducing importation Correct Answer: Option C – increasing the level of output
by Sunday | Aug 2 | Economics WAEC
A. price control board B. open market operation C. tariff D. GDP-deflator E. multiplier Correct Answer: Option C – tariff
by Sunday | Aug 2 | Economics WAEC
A. which would exist if all resources were fully employed B. produced by currently employed labour capital and land C. produced in the consumer goods sector D. produced in the capital goods sector E. produced by the agriculture sector Correct Answer: Option A –...
by Sunday | Aug 2 | Economics WAEC
A. an increase in the birth rate B. a decrease in the death rate C. better medical services D. immigration E. Emigration Correct Answer: Option E – Emigration
by Sunday | Aug 2 | Economics WAEC
A. budget deficit B. balanced budget C. budget surplus D. budget statement E. unfavourable budget Correct Answer: Option A – budget deficit
by Sunday | Aug 2 | Economics WAEC
A. deals with the exchange of commodities B. deals with purchase and sales of securities C. exchanges stockfish for lady fish D. exchanges treasury bills for bills of exchange E. sells foreign exchange Correct Answer: Option B – deals with purchase and sales of...