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Thursday, 23 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 2146:
An inflation in which the price rises steadily at an average rate of about 2% per annum is best described ad
  • A Galloping
  • B Induced
  • C Creeping
  • D Suppressed
  • E Run-away
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Question 2147:
In Economics market is define as
  • A A place where buyers and sellers come together to exchange goods
  • B Any agreement made for consumers to buy all they need
  • C Any arrangement made for producers to sell all their goods
  • D Any arrangement where by buyers and sellers are in close touch with one another
  • E A place where only consumer goods are sold
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Question 2148:
money supply at any given point in time refers to as
  • A Bank notes, coins abd demand deposits
  • B Notes and coins only
  • C Minted money
  • D Hoarded money
  • E Money received as gifts
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Question 2149:
all the following are source of finance to a Joint Stock Company except
  • A Bank loans
  • B Equity shares
  • C Debentures
  • D Preference shares
  • E Cooperative thrift
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Question 2150:
Data presented in table are usually arranged in
  • A Charts and tables
  • B Rows and columns
  • C Graphs and rows
  • D Pictograms and columns
  • E Maps and pie charts
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