by Sunday | Nov 7 | Economics WAEC
A. the consumption of consumer goods B. early marriage C. the importation of more consumer goods D. savings and investment Correct Answer: Option D D. savings and investment Explanation Typically a higher savings rate, the fraction of GDP not consumed today, results...
by Sunday | Nov 7 | Economics WAEC
A. monetary policy B. government policy C. income policy D. fiscal policy Correct Answer: Option D D. fiscal policy Explanation In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to...
by Sunday | Nov 7 | Economics WAEC
A. excise duty B. ad valorem tax C. specific tax D. capital gain tax Correct Answer: Option D D. capital gain tax Explanation A direct tax is a tax, such as income tax, which is levied on the income or profits of the person who pays it, rather than on goods or...
by Sunday | Nov 7 | Economics WAEC
A. is a lender of last resort B. accepts deposits from the public C. services the public debt D. regulates foreign exchange Correct Answer: Option B B. accepts deposits from the public Explanation Commercial banks serve individuals and businesses, while central banks...
by Sunday | Nov 7 | Economics WAEC
A. a standard of differed payment B. stable in value C. store of value D. acceptance by the central bank Correct Answer: Option D D. acceptance by the central bank Explanation What Are the Main Characteristics of Money? The main characteristics of money are...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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