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Economics Past Questions and Answers

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Economics Questions

Question 876:

Which of the following best explains the structural changes in the population of a country?

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A Positive changes in the size and ethnic composition of the population
B A decrease in the size of the population
C An increase in the birth rate which is higher than the decrease in the death rate
D Changes in the age, sex and occupational composition of the population

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Question 877:

Statistical information available in most West African countries suggests that?

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A The marginal propensity to save is high
B The marginal propensity to consume is high
C The consumption pattern is negative
D There exists perfect correlation between consumption and savings

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Question 878:

Transfer payment are

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A Transfer earnings
B Money transferred from one country to another
C Unearned income
D Payment transferred from one account to another

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Question 879:

Capital consumption allowance refers to?

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A Personal consumption expenditure
B Indirect business taxes
C Depreciation of capital equipment
D Expenditure on capital equipment

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Question 880:

The difference between personal income and personal disposal income is?

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A Personal income tax
B Investment income
C Personal savings
D Consumption expenditure

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