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The current stage of the economy is depicted in curve I. The movement of curve...

Economics
JAMB 2018

The current stage of the economy is depicted in curve I. The movement of curve I to II suggests___________

  • A. an Improvement in capital goods technology but not In consumer goods technology
  • B. a movement from unemployment to full employment
  • C. that the output for the society has declined
  • D. a gain in consumer goods technique and not in capital goods technique
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Correct Answer: Option B
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995