Economics WAEC - Page 90 of 319 - Erudites Academy

Inflation n the Nigeria economy may be fueled by increase in?

Inflation n the Nigeria economy may be fueled by increase in?

by Sunday | Aug 5 | Economics WAEC

A. the dollar price of crude oil B. the sale of company shares C. government expenditure D. sale of government bonds Correct Answer: Option C – government expenditure

Inflation n the Nigeria economy may be fueled by increase in?

An increase in both the legal reserve ratio and discount rate has the effect of?

by Sunday | Aug 5 | Economics WAEC

A. increasing the quantity of money in circulation B. decreasing the quantity of money in circulation C. increasing the value of money D. decreasing the value of money Correct Answer: Option B – decreasing the quantity of money in...

Inflation n the Nigeria economy may be fueled by increase in?

An indigenous company wholly owned by the federal government of Nigeria which currently engaged in prospecting for oil is?

by Sunday | Aug 5 | Economics WAEC

A. the Nigerian National Oil Company B. Peak Petroleum Industries Nigeria Limited C. Nigeria Exploration and Production Company D. the Nigeria National Petroleum Corporation Correct Answer: Option D – the Nigeria National Petroleum...

Inflation n the Nigeria economy may be fueled by increase in?

Petroleum is the mainstay of the Nigerian economy because it is the?

by Sunday | Aug 5 | Economics WAEC

A. main foreign exchange earner B. greatest employer of labour C. greatest contributor to the growth of agriculture D. source of high income for its workers Correct Answer: Option A – main foreign exchange earner

Inflation n the Nigeria economy may be fueled by increase in?

Labour-intensive strategy of industrialization emphasizes the use of?

by Sunday | Aug 5 | Economics WAEC

A. steam energy in the process of production B. manual method of production C. synthetic raw materials D. hydro-electric power Correct Answer: Option B – manual method of production

Inflation n the Nigeria economy may be fueled by increase in?

What is the term used to describe a policy aimed at promoting the local production of goods which are usually imported?

by Sunday | Aug 5 | Economics WAEC

A. Deregulation B. import substitution C. Tariff reduction D. Backward integration Correct Answer: Option B – import substitution

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