by Sunday | Aug 7 | Economics WAEC
A. many sellers and buyers are in the market B. there is perfect knowledge of the market situation C. supply and demand are equal D. there is no discrimination E. Products are identical Correct Answer: Option C – supply and demand are...
by Sunday | Aug 7 | Economics WAEC
A. very liquid asset which can be easily converted into money B. currency in circulation and demand deposit C. note and coins D. fixed assets which cannot be converted into money E. the total money supplied in the economy Correct Answer: Option A – very liquid...
by Sunday | Aug 7 | Economics WAEC
A. shares B. profit C. wages and salaries D. dividends E. gifts Correct Answer: Option D – dividends
by Sunday | Aug 7 | Economics WAEC
A. an increase in birth rate B. a decrease in death rate C. emigration D. immigration E. Early marriage Correct Answer: Option C – emigration
by Sunday | Aug 7 | Economics WAEC
A. counted in units B. use to facilitate an exchange C. used to measure the value of goods and services D. used to store goods and services E. used for future payment Correct Answer: Option C – used to measure the value of goods and...