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Economics Past Questions and Answers

Economics Questions

Question 2651:
Abstention from consumption which enables capital to be produced is called
  • A Savings
  • B Production
  • C Accumulation
  • D Opportunity cost
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Question 2652:
Which of the following will occur when the market is unstable?
  • A Price will fluctuate
  • B Demand will remain static
  • C Unemployment will surely fall
  • D Price will remain static
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Question 2653:
Shares and stocks can be bought in the
  • A Commodity market
  • B Stock exchange
  • C Money market
  • D Open market
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Question 2654:
Inflation can best be checked by
  • A Allowing supply to remain constant
  • B Decreasing supply and incresing wages
  • C Increasing supply and holding wages constant
  • D Decreasing supply and wages
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Question 2655:
foreign exchange control in most West African countries is is enforced by the
  • A Development banks
  • B Merchant banks
  • C Ministry of economic planning
  • D Central banks
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