by Sunday | Aug 3 | Economics WAEC
A. Demand deposits B. Paper money C. Bank drafts D. Coins E. Time deposits Correct Answer: Option A – Demand deposits
by Sunday | Aug 3 | Economics WAEC
A. Durable B. Portable C. Divisible into small units D. Generally acceptable E. Medium of exchange Correct Answer: Option E – Medium of exchange Explanation The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and...
by Sunday | Aug 3 | Economics WAEC
A. maximum population B. aging population C. highest birth rate D. highest output per head E. lowest death rate Correct Answer: Option D – highest output per head
by Sunday | Aug 3 | Economics WAEC
A. at a regular rate B. in arithmetical progression C. in geometrical progression D. in mathematical progression E. in trigonometrical progression Correct Answer: Option C – in geometrical progression
by Sunday | Aug 3 | Economics WAEC
A. Mobilization of funds through premiums collected B. Encouragement of savings habits through life assurances C. Collection of deposits from the public D. Granting of loans on a long-term basis for investment E. Encouragement of investment by security of capital...
by Sunday | Aug 3 | Economics WAEC
A. allocating central government revenue among states or regions B. planning for development in the states of regions C. Demarcating constituencies for election in the states or regions D. providing adequate social amenities and services in the states or regions E....