by Sunday | Nov 10 | Economics WAEC
A. unforeseen motive B. transaction motive C. speculative motive D. precautionary motive Correct Answer: Option C C. speculative motive
by Sunday | Nov 10 | Economics WAEC
A. a rise in expenditure on imports B. a rise in the level of savings C. an increase in the consumption of expenditure D. a rise in the standard of living Correct Answer: Option B B. a rise in the level of savings
by Sunday | Nov 10 | Economics WAEC
A. gross domestic product B. net national product C. gross national product D. net domestic product Correct Answer: Option A A. gross domestic product
by Sunday | Nov 10 | Economics WAEC
A. rate of tax is constant at all income levels B. rate of tax decrease as income increases C. rate of tax increases as income increases D. tax is direct rather than indirect Correct Answer: Option B B. rate of tax decrease as income...
by Sunday | Nov 10 | Economics WAEC
A. a country’s population size B. a country’s economic growth C. the human level of development D. the flow of imports to a country Correct Answer: Option B B. a country’s economic growth
by Sunday | Nov 10 | Economics WAEC
A. import substitution B. capital intensive C. labour intensive D. first come first employed Correct Answer: Option C C. labour intensive