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Economics Past Questions and Answers

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Economics Questions

Question 2086:

The effect of emigration on a country's population is

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A Decrease in the population
B Decrease in job opportunities
C Increase in population
D Increase in dependency ratio

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Question 2087:

A measure for preventing the external value of the naira from falling is for the government to

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A Increase its spending with foreign reserve
B Sell its own currency
C Reduce interest rate
D Buy its currency with foreign reserve

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Question 2088:

A fiscal policy instrument that can influence the demand pattern in an economy is

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A Government spending
B Interest rate
C Income tax
D Tariff

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Question 2089:

One of the main achievements of the Economic Commission for Africa is

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A Eliminating trade restrictions among states
B Encouraging transport and communication development
C Guaranteeing a steady flow of foreign investment into Africa
D Providing the machinery for collaboration on monetary issues

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Question 2090:

The rate of interest change on loans depends largely on

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A The prevailing exchange rate
B Marginal efficiency of capital
C The risk associated with the loan
D The prevailing tax rate

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