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Thursday, 23 April 2026
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Economics Past Questions and Answers

Economics Questions

Question 166:
The privatization of public enterprises will lead to efficient management of resources in the economy. This statement can best be described as_____________
  • A Deductive reasoning
  • B Positive reasoning
  • C Normative reasoning
  • D Inductive reasoning
View Answer & Explanation
Question 167:
In the long run, all production factors are____________
  • A Variable
  • B Fixed
  • C Semi-variable
  • D Semi-fixed
View Answer & Explanation
Question 168:
The type of business finance that entitles the holder to a fixed rate of dividend is______________--
  • A Bank load
  • B Debenture
  • C Preferred stock
  • D Semi-fixed
View Answer & Explanation
Question 169:
Commercial bank reserves at the Central Bank____________
  • A Advancing trade, prospects
  • B Controlling credit and money supply
  • C Reducing bank frauds
  • D Discouraging banking operations
View Answer & Explanation
Question 170:
If the standard deviation of a given data is 8.2, find its variance_______________
  • A 82.0
  • B 91.8
  • C 67.2
  • D 4.1
View Answer & Explanation