by Sunday | Aug 7 | Economics WAEC
A. increase taxes and have a budget surplus B. increase taxes and have a budget deficit C. decrease taxes and have a budget deficit D. decrease taxes and have a balance budget Correct Answer: Option A – increase taxes and have a budget...
by Sunday | Aug 7 | Economics WAEC
A. and current account B. owned by banks and the non-bank public C. and current account balances owned by banks and non-bank public D. owned by banks, the government and the non-bank public Correct Answer: Option C – and current account balances owned by banks...
by Sunday | Aug 7 | Economics WAEC
A. total transactions to monetary transactions B. monetary assets to total assets C. monetary transactions to total transactions D. money in circulation to total income Correct Answer: Option D – money in circulation to total...
by Sunday | Aug 7 | Economics WAEC
A. frequent opposition by the landlords B. realization that output levels might fall C. fear that peasants will be cut off from credit D. general contentment with the present arrangement Correct Answer: Option A – frequent opposition by the...
by Sunday | Aug 7 | Economics WAEC
A. foreign demand is inelastic B. the price of the crops will rise C. of domestic currency depreciation D. of export duties Correct Answer: Option A – foreign demand is inelastic
by Sunday | Aug 7 | Economics WAEC
A. reduce public expenditure B. encourage efficiency in the performance of such enterprises C. reduce the number of public enterprises D. raise the prices of goods and services produced by the enterprises Correct Answer: Option B – encourage efficiency in the...