Question 1

The price system refers to the system by which

  • A.the government controls price in the economic system
  • B.prices tends to rise to a general level
  • C.price allocates resources between consumer and producer goods
  • D.government allocate resources to consumers and producers
  • E.the producers fix the price for their products
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1991
Question no.
#1
Type
Objective

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