by Sunday | Aug 8 | Economics WAEC
A. Rural areas supply agricultural raw materials B. the pace of development of rural areas will be quicken C. Employment will be for rural inhabitants D. capital is easily available in rural areas E. Rural-urban migration will decrease Correct Answer: Option D –...
by Sunday | Aug 8 | Economics WAEC
A. imports raw materials for the industry B. has a poor soil which is unsuitable for other crops C. is a palm-tree growing area D. government does not engage in the growing of other crops E. has the highest demands for palm oil in Nigeria Correct Answer: Option C...
by Sunday | Aug 8 | Economics WAEC
A. the purchasing power diminishes B. Wages rise simultaneously with prices C. More money runs after a limited quantity of goods D. Fixed income earners lose E. Aggregate real demand exceeds aggregate real supply Correct Answer: Option B – Wages rise...
by Sunday | Aug 8 | Economics WAEC
A. government B. owner C. shareholder’s conference D. management E. board of directors Correct Answer: Option B – owner
by Sunday | Aug 8 | Economics WAEC
A. Roads (Nigeria) Plc B. National Oil and Chemical Marketing Co. Plc C. Union Bank of Nigeria Plc D. Volkswagen of Nigeria Plc E. National Electric Power authority Correct Answer: Option E – National Electric Power...
by Sunday | Aug 8 | Economics WAEC
A. it yields more revenue to the state at the expense of the people’s ability to pay B. the cost of collecting it is equal to the revenue it generates C. it is imposed so suddenly that no one can dodge its payment D. its payment causes minimum inconvenience to...