by Sunday | Aug 8 | Economics WAEC
A. the Central Banks purchases and sells securities B. Commercial Banks purchases and sells securities C. business firms buy raw materials freely D. households buys consumer goods openly E. the money market takes over the function of the Central Banks Correct Answer:...
by Sunday | Aug 8 | Economics WAEC
A. rate of interest B. general price level C. quantity of money in circulation D. level of economic development E. weight of the currency notes and coins Correct Answer: Option B – general price level
by Sunday | Aug 7 | Economics WAEC
A. Sole proprietorships B. Limited liability companies C. Co-operative societies D. Statutory corporations Correct Answer: Option D – Statutory corporations
by Sunday | Aug 7 | Economics WAEC
A. is a free gift of nature B. constitutes one-third of the entire world C. has different grades D. is owned, bt individuals E. is owned by a government Correct Answer: Option A – is a free gift of nature
by Sunday | Aug 7 | Economics WAEC
A. devaluation B. inflation C. deflation D. demonetization E. over-valuation Correct Answer: Option B – inflation