by Sunday | Nov 8 | Economics WAEC
A. International Finance Corporation B. International Monetary Fund C. International Bank for Reconstruction and Development D. African Development Bank Correct Answer: Option B B. International Monetary Fund Explanation It strives to ensure the international monetary...
by Sunday | Nov 8 | Economics WAEC
A. Differences in natural endowments B. the law of absolute advantage C. Differences in tastes D. The love for other nations Correct Answer: Option D D. The love for other nations Explanation Reasons for importing goods might include: Meeting customer demand. Sourcing...
by Sunday | Nov 8 | Economics WAEC
A. Technological unemploment B. Stuctural unemployment C. Frictional unemployment D. Seasonal unemployment Correct Answer: Option D D. Seasonal unemployment Explanation Seasonal unemployment occurs when people are unemployed at particular times of the year when the...
by Sunday | Nov 8 | Economics WAEC
A. a high pool of skilled labour B. a high rate of economic growth C. political stability D. rapid population growth Correct Answer: Option D D. rapid population growth Explanation Limited resources and a larger population puts pressure on the resources that do exist....
by Sunday | Nov 8 | Economics WAEC
An increase in the price of a commodity from $10 to $ 15 leads to an increase in the quantity supplied from 10 units to 15 units. A. 0. B. 0.5. C. 1. D. 5. Correct Answer: Option C Explanation The price elasticity of supply = % change in quantity supplied over %...
by Sunday | Nov 8 | Economics WAEC
A. many buyers and sellers B. homogeneous products C. means of communication D. large number of traders Correct Answer: Option A A. many buyers and sellers Explanation In a perfectly competitive market, there are many buyers and many sellers. In fact, the number of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.