Are levied on the income and profit of the individuals and firms
Always affects the producer only
Are bassed on the progressive principles
Are based on the regressive principles
Are levied on goods and services purchased by individuals and firms
Correct answer is E
No explanation has been provided for this answer.
Inflation caused by increase in demand is known as
Cost-push inflation
Hyper-inflation
Demand-pull inflation
Creeping inflation
Runaway inflation
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not the function of a commercial bank?
Accepting deposits from the public
Serving as banker to the government
Lending to the public
Safekeeping of valuables
Undertaking foreign exchange transaction of customers
Correct answer is B
No explanation has been provided for this answer.
The part labelled II represents the
root
epicotyl
hypocotyl
cotyledon
hilum
Correct answer is D
No explanation has been provided for this answer.
Currency available in the banks
Currency in circulation and time deposits
Currency in circulation and saving deposits
Currency in circulation and demand deposits
Money scarcity
Correct answer is D
No explanation has been provided for this answer.
WAEC Subjects
Aptitude Tests