WAEC Economics Past Questions, Answers, And Explanations - Economics

Waec Economics Questions

Question 51:

The greatest disadvantages f barter system is the need for

Question 52:

An inflation in which the price rises steadily at an average rate of about 2% per annum is best described ad

Question 53:

In Economics market is define as

A A place where buyers and sellers come together to exchange goods
B Any agreement made for consumers to buy all they need
C Any arrangement made for producers to sell all their goods
D Any arrangement where by buyers and sellers are in close touch with one another
E A place where only consumer goods are sold

Question 54:

money supply at any given point in time refers to as