by Sunday | Nov 8 | Economics WAEC
A. by the nationals of a country resident within the country B. from productive activities of nationals of a country both at home and abroad C. when personal income tax is deducted from personal income D. when the gross income of an individual is added to personal...
by Sunday | Nov 8 | Economics WAEC
A. an expansionary monetary policy B. a restrictive monetary policy C. an increased wage policy D. a deficit financing policy Correct Answer: Option B B. a restrictive monetary policy Explanation The purpose of a restrictive monetary policy is to ward off inflation....
by Sunday | Nov 8 | Economics WAEC
A. sellers are willing to sell more at a lower price B. sellers are indifferent to prices C. sellers are willing to sell more at a higher price D. there is always a fixed supply Correct Answer: Option C C. sellers are willing to sell more at a higher price Explanation...
by Sunday | Nov 8 | Economics WAEC
A. make more profit B. increase their salaries and wages C. increase their purchases D. maximize their satisfaction Correct Answer: Option D D. maximize their satisfaction Explanation Households make consumption decisions and own factors of production. Economic...
by Sunday | Nov 8 | Economics WAEC
A. Collective ownership of productive resources B. Freedom of enterprise C. production is not based on the profit motive D. Maximization of public welfare Correct Answer: Option A A. Collective ownership of productive resources Explanation The main feature of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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