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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
46
which of the following is not a function of money?
  • A. store of values
  • B. unit of accounts
  • C. measures of value
  • D. standard for deferred payment
  • E. stability in value
View Answer & Discuss WAEC 1989
47
Which of the following is not appropriate in calculating national income figures?
  • A. output method
  • B. Income method
  • C. Expenditure method
  • D. Value added method
  • E. Depreciation method
View Answer & Discuss WAEC 1989
48
What is the correct term for this group of exports : tractor, televisions, components, drugs and cars?
  • A. Current account items
  • B. Visible exports
  • C. Capital accoutn items
  • D. Invisible exports
  • E. Visible imports
View Answer & Discuss WAEC 1989
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49
the indicator of the value of money in the market is the
  • A. the general price level
  • B. effective supply
  • C. the equilibrium price
  • D. effective demand
  • E. consumer income
View Answer & Discuss WAEC 1989
50
Mobility of labour is not affected by
  • A. the optimum size of population
  • B. marriage and family
  • C. the regulation of trade unions
  • D. the period of training
  • E. culture and religious beliefs
View Answer & Discuss (1) WAEC 1989
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