by Sunday | Aug 1 | Economics WAEC
A. a decrease in national income B. an increase in national income C. no change in national income D. an increase in disposable income Correct Answer: Option A – a decrease in national income
by Sunday | Aug 1 | Economics WAEC
A. fiduciary issue B. guaranteed money C. seigniorage D. legal tender Correct Answer: Option A – fiduciary issue
by Sunday | Aug 1 | Economics WAEC
A. N9,000 B. N3,330 C. N2,770 D. N2,100 Correct Answer: Option D – N2,100
by Sunday | Aug 1 | Economics WAEC
A. it varies inversely with the price level B. it varies directly with the price level C. it depreciates in the period of deflation D. it is not affected by the price level Correct Answer: Option A – it varies inversely with the price...
by Sunday | Aug 1 | Economics WAEC
A. lasting asset B. wasting asset C. synthetic product D. costless resources Correct Answer: Option B – wasting asset