by Sunday | Aug 7 | Economics WAEC
A. gold standard B. barter system C. commodity system D. gold exchange standard E. cheque system Correct Answer: Option B – barter system
by Sunday | Aug 7 | Economics WAEC
A. the Green Revolution in Nigeria is agricultural B. it supplies all the food stuffs consumed in Ghana alone C. there are large plantation of cocoa, groundnut and oil palm in West Africa D. it is the main source of revenue in Sierra Leon alone E. it employs more than...
by Sunday | Aug 7 | Economics WAEC
A. the government controls price in the economic system B. prices tend to rise to a general level C. price allocates resources between consumer and producer goods D. government allocate resources to consumers and producers E. the producers fix the price for their...
by Sunday | Aug 7 | Economics WAEC
A. are available B. can be found everywhere C. are constant D. are scarce E. are unlimited Correct Answer: Option D – are scarce
by Sunday | Aug 7 | Economics WAEC
A. budget deficit B. balanced budget C. budget surplus D. budget statement E. unfavourable budget Correct Answer: Option A – budget deficit