by Sunday | Aug 1 | Economics WAEC
A. lasting asset B. wasting asset C. synthetic product D. costless resources Correct Answer: Option B – wasting asset
by Sunday | Aug 1 | Economics WAEC
A. selective credit control B. budget deficit C. foreign exchange control D. monitoring the general price level Correct Answer: Option A – selective credit control
by Sunday | Aug 1 | Economics WAEC
A. the sole source of the nation’s revenue B. the oldest industry in the country C. the mainstay of the economy D. a factor in the decline in the nation’s foreign reserves Correct Answer: Option D – a factor in the decline in the nation’s...
by Sunday | Aug 1 | Economics WAEC
A. processing of raw materials to increase their value B. making of international routes safe for export commodity C. reduction in the number of imported items D. encourage of the production of export commodities Correct Answer: Option D – encourage of the...
by Sunday | Aug 1 | Economics WAEC
A. industries and industrial equipment B. savings, investment, and consumption C. natural resources for development D. supporting services that encourage economic activities Correct Answer: Option D – supporting services that encourage economic activities...
by Sunday | Aug 1 | Economics WAEC
A. transportation of bulky raw materials B. external economies C. high cost of transporting finished goods D. availability of skilled manpower Correct Answer: Option C – high cost of transporting finished goods