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Economics Past Questions and Answers

Economics Questions

Question 131:
An ad valorem tax is imposed on_____?
  • A Exports
  • B Imports
  • C The Value of a Commodity
  • D Special Commodities
View Answer & Explanation
Question 132:
The labour force of a country is determined by the___________
  • A Geographical distribution of the population
  • B Age structure of the population
  • C Number of people available for work
  • D Sex distribution of the population
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Question 133:
The transfer of public share holding in corporations to private enterprise is___________?
  • A Incorporation
  • B Concession
  • C Privatization
  • D Commercialization
View Answer & Explanation
Question 134:
An economy in which both the public and private sectors contribute to economic growth is a__________?
  • A Socialist economy
  • B Feudal economy
  • C Mixed economy
  • D Capitalist economy
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Question 135:
A capital market differs from the money market in that in the former ________?
  • A The percentage of interest charged is more
  • B Loan sought is long term
  • C Loan repayment is guaranteed
  • D Loan sought is short-term
View Answer & Explanation