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Post UTME Past Questions Agent
1741
which of the following market structure are imperfect in competition. I monopoly II duopoly III oligopoly
  • A. I only
  • B. II and III only
  • C. I and II only
  • D. I and III only
  • E. I,II and III only
View Answer & Discuss WAEC 1996
1742
Demand-pull inflation results when there is
  • A. inadequate improvement in the wage rate of workers
  • B. execessive demand due to high purchasing power
  • C. excessive supply of raw materials for production
  • D. rise in productivity of the factors of production
  • E. excessive rise in the standard of living
View Answer & Discuss WAEC 1996
1743
Changes in the value of money can be measured by
  • A. The distributors
  • B. A price index
  • C. A demand index
  • D. A supply index
  • E. The use of cheque
View Answer & Discuss WAEC 1996
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1744
The efficiency of a country's labour force depends on all the following except
  • A. improved working conditions
  • B. better and health care facilities
  • C. adequate training
  • D. stable economy
  • E. frequent strikes and lock-outs
View Answer & Discuss WAEC 1996
1745
which of the following is a bank's responsibility to it's shareholders?
  • A. making profits
  • B. creating money
  • C. paying high interest rate
  • D. preventing inflation
  • E. issuing currencies
View Answer & Discuss WAEC 1996
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