by Sunday | Nov 8 | Economics WAEC
A. inflation induced by rising costs of production B. reduction in government expenditure C. persistent rise in prices due to an increase in expenditure D. massive importation of goods from a country with hyper-inflation Correct Answer: Option C C. persistent rise in...
by Sunday | Nov 8 | Economics WAEC
A. Building society B. Development banks C. Commercial banks D. Stock exchange Correct Answer: Option C C. Commercial banks
by Sunday | Nov 8 | Economics WAEC
A. high price elasticity of demand B. low price elasticity of demand C. high-income elasticity of demand D. low-income elasticity of demand Correct Answer: Option B B. low price elasticity of demand
by Sunday | Nov 8 | Economics WAEC
A. reduce the prices of imports B. increase the demand for locally made goods C. discourage domestic industries from becoming more efficient D. reduce the prices of locally made goods Correct Answer: Option B B. increase the demand for locally made...
by Sunday | Nov 8 | Economics WAEC
A. lowered but more employment opportunities are created B. lowered but employment level remains unchanged C. increased and employment levels are unchanged D. increased but employment levels are reduced Correct Answer: Option C C. increased and employment levels are...