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Economics Past Questions and Answers

Economics Questions

Question 2596:
which of the following combination of qualities ensures a good tax system?
  • A Deflationary equity, certainty and convinience
  • B Economy convinience, certainty and equity
  • C Economy, deflationary, inflationary and certainty
  • D Economy, convinience, certainty and inflationary
View Answer & Explanation
Question 2597:
The quantity demanded of a commodity is influenced only by changes
  • A Tastes
  • B Weather
  • C Price of the commodity
  • D Price of other commodities
View Answer & Explanation
Question 2598:
which of the following is an indirect tax
  • A Income tax
  • B Company tax
  • C Profit tax
  • D Sales tax
View Answer & Explanation
Question 2599:
When a pen and a book is demanded together, the demand is said to be
  • A Composite
  • B Competitive
  • C Joint
  • D Derived
View Answer & Explanation
Question 2600:
The reward for capital is
  • A Interest
  • B Rent
  • C Risk premium
  • D Premium
View Answer & Explanation