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1541
The wholesale provides all the following services to the manufacturer except
  • A. warehousing
  • B. financing production
  • C. marketing the product
  • D. granting credit
  • E. after-sales services
View Answer & Discuss WAEC 1990
1542
The country that makes the largest contribution to the IMF is
  • A. The USA
  • B. Britain
  • C. West Germany
  • D. France
  • E. Norway
View Answer & Discuss WAEC 1990
1543
The price system refers to the system by which
  • A. the government controls price in the economic system
  • B. prices tends to rise to a general level
  • C. price allocates resources between consumer and producer goods
  • D. government allocate resources to consumers and producers
  • E. the producers fix the price for their products
View Answer & Discuss WAEC 1991
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1544
Choice is necessary because resources
  • A. are available
  • B. can be found everywhere
  • C. are constant
  • D. are scarce
  • E. are unlimited
View Answer & Discuss WAEC 1991
1545
Agriculture plays a dominant role in West African economies because
  • A. the Green Revolution in Nigeria is agricultural
  • B. it supplies all the food stuffs consumed in Ghana alone
  • C. there are large plantation of cocoa, groundnut and oil palm in West Africa
  • D. it is the main source of revenue in Sirera Leon alone
  • E. it emplys more than 50% of the total labour force in West Africa
View Answer & Discuss WAEC 1991
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