by Sunday | Nov 10 | Economics WAEC
A. complementary goods B. inferior goods C. normal goods D. substitutes Correct Answer: Option C C. normal goods
by Sunday | Nov 10 | Economics WAEC
A. a reduction in the size of the population B. an increase in the income of the buyer C. the availability of substitutes D. a decrease in the price of goods Correct Answer: Option B B. an increase in the income of the buyer
by Sunday | Nov 10 | Economics WAEC
A. higher inflation B. higher unemployment C. lower profits for industries D. lower importation of raw materials by industries Correct Answer: Option A A. higher inflation
by Sunday | Nov 10 | Economics WAEC
A. price inelastic B. abnormal in nature C. price elastic D. normal in nature Correct Answer: Option A A. price inelastic
by Sunday | Nov 10 | Economics WAEC
A. the issuing of cheques B. the payment of standing order C. lending money to borrowers D. accepting cheques from customers Correct Answer: Option C C. lending money to borrowers
by Sunday | Nov 10 | Economics WAEC
A. money supply B. transfer payments C. ordinary shares D. treasury bills Correct Answer: Option A A. money supply