by Sunday | Aug 3 | Economics WAEC
A. shortage of commodity B. unlimited demands for consumer goods C. limited supply of goods and services D. total absence of a commodity in the market E. high cost of a commodity Correct Answer: Option C – limited supply of goods and...
by Sunday | Aug 3 | Economics WAEC
A. to redistribute income B. human beings behave C. the market price is fixed D. scarce resources are allocated to satisfy human wants E. high cost of a commodity Correct Answer: Option D – scarce resources are allocated to satisfy human...
by Sunday | Aug 3 | Economics WAEC
A. ensure that third world countries get a better share of the world’s resources B. promote international economic co-operation for the mutual benefit of all members C. enforce structural adjustment programmes on less developed countries D. encourage exports...
by Sunday | Aug 3 | Economics WAEC
A. the government B. the Central Bank C. demand and supply D. commercial banks Correct Answer: Option C – demand and supply
by Sunday | Aug 3 | Economics WAEC
A. backward and forward linkages B. horizontal and vertical linkages C. vertical linkages D. functional linkages Correct Answer: Option A – backward and forward linkages