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2246
An example of a producer goods is a
  • A. tin of milk
  • B. hammer
  • C. loaf of bread
  • D. shirt
View Answer & Discuss (1) WAEC 2007
2247
To promote the development of agricultural sector, government of West African countries should
  • A. encourage rural-urban drift
  • B. discourage foreign investment in agriculture
  • C. support the marketing of farm produce
  • D. reduce tarrif of food imports
View Answer & Discuss WAEC 2007
2248
The most important quality of money is that it must be
  • A. relatively scarce
  • B. generally acceptable
  • C. portable
  • D. durable
View Answer & Discuss WAEC 2007
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2249
A certain amount of money is needed for everyday expenditure like buying of goods, transportation and others. This is
  • A. transaction demand for money
  • B. precautionary demand for money
  • C. derived demand for money
  • D. speculative demand for money
View Answer & Discuss WAEC 2007
2250
Long-term loans can be secured from
  • A. Commercial banks
  • B. discount houses
  • C. development banks
  • D. acceptance houses
View Answer & Discuss WAEC 2007
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts