Waec 2024 Economics Question 43

Practice objective / multiple choice question 43 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty

Topic: Economics

Question 43 WAEC • 2024 • ECONOMICS • objective

PASSAGE - 37

                            The supply of labor for an occupation will tend to rise when A. there are less monetary benefits. B. holiday activities attract them. C. wage rate increases. D. unemployment benefit rises.

                        

Correct balance of payments deficit of a country can occur if

Answer Options

A. domestic demand increases for domestically produced goods.

Correct Answer B. engage in currency devaluation.

C. exports have elastic demand.

D. exports have inelastic demand.

Correct Answer

Correct Option:

engage in currency devaluation.

About This Question

This is Waec 2024 Economics Question 43. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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