by Sunday | Mar 28 | Economics WAEC
A. Increase the supply of money. B. Increase banks lending C. Encourage borrowing. D. Reduce the supply of money. Correct Answer: Option D – Reduce the supply of money.
by Sunday | Mar 28 | Economics WAEC
A. increase in the cost of production. A. deficit financing by the government. B. excessive supply of foodstuff D. increase in import duties. Correct Answer: Option A – increase in the cost of production.
by Sunday | Mar 28 | Economics WAEC
A. store of value. B. medium of exchange C. standard of deferred payment. D. general acceptability. Correct Answer: Option D = general acceptability.
by Sunday | Mar 28 | Economics WAEC
A. encouraging banks to lend for any purpose. B. increasing her own expenditure. C. buying treasury bills in the open market. D. selling securities in the open market Correct Answer: Option C – buying treasury bills in the open...
by Sunday | Mar 28 | Economics WAEC
A. number of industries in each country B. size of their arms and ammunition C. size of their national incomes only D. gross national product per head Correct Answer: Option D – gross national product per head
by Sunday | Mar 28 | Economics WAEC
Use this data below to answer the question The following data relates to the national income of a country. Gross domestic product = $2800 Net factor income from abroad = $250 Depreciation = $700 Indirect taxes = $120 A. $3.050 B. $2,680 C. $2,230 D. $2.220 Correct...