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Economics Past Questions and Answers

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Economics Questions

Question 2166:

Which of the following is the normal channel by which the commodities reach the final consumer?

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A Mnaufacturer-wholesale-agent retailer-consumer
B Mnufacturer-wholesale-retailer-consumer
C Manufacturer-wholesale-sales representative-retailer-consumer
D Mnufacturer-wholesale-retailer-agent-consumer
E Mnaufacturer-wholesale-retailer-sales-representative-consumer

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Question 2167:

the movement of a worker from one grade to another within the same industry is a form of mobility of labour which is

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A Geographical
B Vertical
C Occupational
D Horizontal
E Lateral

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Question 2168:

a person who buys in bulk and sells in bit is a

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A Manufacturer
B Sales representative
C Retailer
D Advertiser
E Distributor

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Question 2169:

which of the following is not correct?

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A Population refers to number of people living in a place
B The population of a place is not static
C Population is known through a census
D Population is affected by the amount of money in circulation
E Population can be affected by natural disaster

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Question 2170:

The money paid per hour or week for work done is known as

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A Cost
B Time rate
C Bonus
D Wage rate
E Labour

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