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Economics Past Questions and Answers

Economics Questions

Question 2701:
The monopolist power can be controlled by the government through
  • A Labour union
  • B Price legislation
  • C Import restrictions
  • D Export promotion
View Answer & Explanation
Question 2702:
Which of the following is not a condition for a perfect market?
  • A Homogenous commodity
  • B Ignorance of consumers
  • C Perfect information
  • D Free entry and exit
View Answer & Explanation
Question 2703:
The reward for a shareholdership of a company is
  • A Wages
  • B Interest
  • C Dividends
  • D Profit
View Answer & Explanation
Question 2704:
In a public corporation , the risks of business are borne by the
  • A Workers
  • B Tax payers
  • C Board members
  • D Treasury
View Answer & Explanation
Question 2705:
One of the function of money is
  • A Double coincidence of wants
  • B Unit of accounts
  • C Indivisibility
  • D Making payment through banks only
View Answer & Explanation