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4191

The use of interest rates to control the money supply is a

  • A. control policy
  • B. monetary policy
  • C. developmental policy
  • D. fiscal policy
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4192

Agricultural productivity may be increased if

  • A. educational institutions are established in rural areas
  • B. commercial banks are established in rural areas
  • C. more infrastructural facilities are provided in rural areas
  • D. labour intensive method of agriculture is encouraged
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4193

Which of the following is a major advantage of establishing a tomato-processing factory in a country?

  • A. Local consumption will decrease
  • B. More unskilled labour will be employed
  • C. Foreign exchange will be conserved
  • D. It will attract more tourists
View Answer & Discuss (1) WAEC 2019
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4194

A country is described as industrialized if

  • A. the contributions of industries to national income are high
  • B. traditional and modern sectors coexist
  • C. the country adopts an import promotion strategy
  • D. primary industries dominate the economy
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4195

The total value of goods and services produced within the borders of a country is

  • A. net national product
  • B. net domestic product
  • C. gross domestic product
  • D. gross national product
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Post UTME Past Questions Agent
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts