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1921
The most unique quality of money is its
  • A. Relative scarcity
  • B. Divisibility
  • C. Durability
  • D. General acceptability
View Answer & Discuss WAEC 2000
1922
Abstention from consumption which enables capital to be produced is called
  • A. Savings
  • B. Production
  • C. Accumulation
  • D. Opportunity cost
View Answer & Discuss (1) WAEC 2000
1923
Which of the following will occur when the market is unstable?
  • A. Price will fluctuate
  • B. Demand will remain static
  • C. Unemployment will surely fall
  • D. Price will remain static
View Answer & Discuss WAEC 2000
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1924
Shares and stocks can be bought in the
  • A. Commodity market
  • B. Stock exchange
  • C. Money market
  • D. Open market
View Answer & Discuss WAEC 2000
1925
Inflation can best be checked by
  • A. allowing supply to remain constant
  • B. decreasing supply and incresing wages
  • C. increasing supply and holding wages constant
  • D. decreasing supply and wages
View Answer & Discuss WAEC 2000
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