by Sunday | Aug 5 | Economics WAEC
A. good drives out bad money B. bad money drives out good money C. the value of money varies inversely with the price level D. gold must be available to maintain the price of paper money Correct Answer: Option B – bad money drives out good...
by Sunday | Aug 5 | Economics WAEC
A. the dollar price of crude oil B. the sale of company shares C. government expenditure D. sale of government bonds Correct Answer: Option C – government expenditure
by Sunday | Aug 5 | Economics WAEC
A. increasing the quantity of money in circulation B. decreasing the quantity of money in circulation C. increasing the value of money D. decreasing the value of money Correct Answer: Option B – decreasing the quantity of money in...
by Sunday | Aug 5 | Economics WAEC
A. the Nigerian National Oil Company B. Peak Petroleum Industries Nigeria Limited C. Nigeria Exploration and Production Company D. the Nigeria National Petroleum Corporation Correct Answer: Option D – the Nigeria National Petroleum...
by Sunday | Aug 5 | Economics WAEC
A. main foreign exchange earner B. greatest employer of labour C. greatest contributor to the growth of agriculture D. source of high income for its workers Correct Answer: Option A – main foreign exchange earner