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1466
The greatest disadvantages f barter system is the need for
  • A. Durability
  • B. Divisibility
  • C. Homogeneity
  • D. Double coincidence of wants
  • E. Portability
View Answer & Discuss WAEC 1989
1467
An inflation in which the price rises steadily at an average rate of about 2% per annum is best described ad
  • A. Galloping
  • B. Induced
  • C. Creeping
  • D. Suppressed
  • E. Run-away
View Answer & Discuss WAEC 1989
1468
In Economics market is define as
  • A. A place where buyers and sellers come together to exchange goods
  • B. Any agreement made for consumers to buy all they need
  • C. any arrangement made for producers to sell all their goods
  • D. any arrangement where by buyers and sellers are in close touch with one another
  • E. a place where only consumer goods are sold
View Answer & Discuss (3) WAEC 1989
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1469
money supply at any given point in time refers to as
  • A. bank notes, coins abd demand deposits
  • B. notes and coins only
  • C. minted money
  • D. hoarded money
  • E. money received as gifts
View Answer & Discuss WAEC 1989
1470
all the following are source of finance to a Joint Stock Company except
  • A. bank loans
  • B. equity shares
  • C. debentures
  • D. preference shares
  • E. cooperative thrift
View Answer & Discuss WAEC 1989
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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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