by Sunday | Jul 31 | Economics WAEC
A. traders from one part of the country can move freely to other parts B. customs regulation are harmonized among countries C. a group of countries decide to remove restrictions on imports from one another D. the UNCTAD is in force Correct Answer: Option C – a...
by Sunday | Jul 31 | Economics WAEC
A. supply is inelastic B. demand is inelastic C. supply is perfectly elastic D. demand is perfectly elastic Correct Answer: Option D – demand is perfectly elastic
by Sunday | Jul 31 | Economics WAEC
A. in a given country B. over a long period C. and improved health facilities D. and improved distribution of wealth Correct Answer: Option D – and improved distribution of wealth
by Sunday | Jul 31 | Economics WAEC
A. open market operations B. revenue and expenditure of government C. money supply to the economy D. imports and exports Correct Answer: Option B – revenue and expenditure of government
by Sunday | Jul 31 | Economics WAEC
A. detect frauds in matters of exchange B. postponed payments without loss of count C. store information about the valuation of an item D. record information about the valuation of an item Correct Answer: Option C – store information about the valuation of an...
by Sunday | Jul 31 | Economics WAEC
A. hyperinflation B. stagflation C. moderate inflation D. galloping inflation Correct Answer: Option B – stagflation