by Sunday | Aug 7 | Economics WAEC
A. very liquid asset which can be easily converted into money B. currency in circulation and demand deposit C. note and coins D. fixed assets which cannot be converted into money E. the total money supplied in the economy Correct Answer: Option A – very liquid...
by Sunday | Aug 7 | Economics WAEC
A. shares B. profit C. wages and salaries D. dividends E. gifts Correct Answer: Option D – dividends
by Sunday | Aug 7 | Economics WAEC
A. an increase in birth rate B. a decrease in death rate C. emigration D. immigration E. Early marriage Correct Answer: Option C – emigration
by Sunday | Aug 7 | Economics WAEC
A. counted in units B. use to facilitate an exchange C. used to measure the value of goods and services D. used to store goods and services E. used for future payment Correct Answer: Option C – used to measure the value of goods and...
by Sunday | Aug 7 | Economics WAEC
A. decrease B. increase C. remain constant D. fluctuate E. be inelastic Correct Answer: Option B – increase
by Sunday | Aug 7 | Economics WAEC
A. total number of people in the market B. total demand for the commodity C. quantity of the commodity supplied D. interaction of demand and supply E. law of demand Correct Answer: Option D – interaction of demand and...
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