by Sunday | Aug 7 | Economics WAEC
A. are available B. can be found everywhere C. are constant D. are scarce E. are unlimited Correct Answer: Option D – are scarce
by Sunday | Aug 7 | Economics WAEC
A. budget deficit B. balanced budget C. budget surplus D. budget statement E. unfavourable budget Correct Answer: Option A – budget deficit
by Sunday | Aug 7 | Economics WAEC
A. are levied on the income and profit of the individuals and firms B. always affects the producer only C. are based on progressive principles D. are based on the regressive principles E. are levied on goods and services purchased by individuals and firms Correct...
by Sunday | Aug 7 | Economics WAEC
A. cost-push inflation B. hyper-inflation C. demand-pull inflation D. creeping inflation E. runaway inflation Correct Answer: Option C – demand-pull inflation
by Sunday | Aug 7 | Economics WAEC
A. accepting deposits from the public B. serving as banker to the government C. lending to the public D. safekeeping of valuables E. undertaking foreign exchange transaction of customers Correct Answer: Option B – serving as banker to the...
by Sunday | Aug 7 | Economics WAEC
A. currency available in the banks B. currency in circulation and time deposits C. currency in circulation and saving deposits D. currency in circulation and demand deposits E. money scarcity Correct Answer: Option D – currency in circulation and demand...
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