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Thursday, 16 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 2471:
The value of money is affected by the
  • A Speculative motive
  • B Price level
  • C Transactionary motive
  • D Precautionary motive
  • E Employment level
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Question 2472:
which of the following is not a problem in the barter economy?
  • A Multiple exchange rate
  • B Indivisibility of goods and services
  • C Double coincidence of wants
  • D Bulkness of commodities
  • E Inflation
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Question 2473:
The optimum population of a country is reached when the
  • A Production of goodsand sevices is less than optimum
  • B Output per head is at its highest with a given volume of resources
  • C Total production increases with a given volume of resources
  • D National resources increases as population increases
  • E Working population rises at a geometrical rate
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Question 2474:
when the death rate for old people and the infant mortality rate are high , with no migration , there will be in the population a higher number of
  • A Younger people in the population
  • B Children in the population
  • C Old people in the population
  • D Women in the population
  • E Men in the population
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Question 2475:
In the long-run, potential GNP is variable because. I technological change takes place II the quantity of labour and capital is not fixed III. unemployment is not constant
  • A I only
  • B II only
  • C I and II only
  • D I and III only
  • E III only
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