by Sunday | Aug 8 | Economics WAEC
A. is a statistical artifact with no economic meaning B. can be eliminated if the capital-output ratio is increased C. can be eliminated if the press is free D. calls for the implementation of five=year plans E. exist when manpower is not being utilized efficiently...
by Sunday | Aug 8 | Economics WAEC
A. movement of raw materials to production centres B. transfer of goods and services from one market to another C. movement of goods and services by middlemen to urban centres D. transfer of goods and services from wholesalers to consumers E. transfer of goods and...
by Sunday | Aug 8 | Economics WAEC
A. mint money B. hold demand deposit and honour cheques C. act as a medium of exchange D. create money E. control and regulate money supply Correct Answer: Option E – control and regulate money supply
by Sunday | Aug 8 | Economics WAEC
A. production of crude oil B. Refining of crude oil C. Exploration for crude oil D. Exploitation of crude oil E. Pricing of crude oil Correct Answer: Option E – Pricing of crude oil
by Sunday | Aug 8 | Economics WAEC
A. plan of government’s needs and expenditure for a year B. detailed estimate of government financial operation for a year C. satisfactory balance between income and expenditure for one year D. plan for importation of essential goods and services for one year E....