by Sunday | Nov 7 | Economics WAEC
A. excise duty B. ad valorem tax C. specific tax D. capital gain tax Correct Answer: Option D D. capital gain tax Explanation A direct tax is a tax, such as income tax, which is levied on the income or profits of the person who pays it, rather than on goods or...
by Sunday | Nov 7 | Economics WAEC
A. is a lender of last resort B. accepts deposits from the public C. services the public debt D. regulates foreign exchange Correct Answer: Option B B. accepts deposits from the public Explanation Commercial banks serve individuals and businesses, while central banks...
by Sunday | Nov 7 | Economics WAEC
A. a standard of differed payment B. stable in value C. store of value D. acceptance by the central bank Correct Answer: Option D D. acceptance by the central bank Explanation What Are the Main Characteristics of Money? The main characteristics of money are...
by Sunday | Nov 7 | Economics WAEC
A. size of workers B. general price C. total level of savings D. total amount of loans granted by the banks Correct Answer: Option B B. general price Explanation The value of any good is determined by its supply and demand and the supply and demand for other goods in...
by Sunday | Nov 7 | Economics WAEC
A. inflation B. deflation C. revaluation D. monetization Correct Answer: Option A A. inflation Explanation Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. If...
by Sunday | Nov 7 | Economics WAEC
A. measure output at factor cost B. avoid multiple counting of output C. deduct depreciation of capital assets D. add net factor income from abroad Correct Answer: Option D D. add net factor income from abroad Explanation By adding to its net factor income from...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.