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Economics Past Questions and Answers

Economics Questions

Question 2766:
Who among the following will benefit from inflation?
  • A Pensioners
  • B Savers
  • C Debtors
  • D Creditors
View Answer & Explanation
Question 2767:
inflation can be controlled by increasing
  • A Aggregate supply
  • B Government expenditure
  • C Aggregate demand
  • D A deficit budget
View Answer & Explanation
Question 2768:
Which of the following is a function of merchant banks?
  • A Minting of coins
  • B Preparation of government budget
  • C Keeping watch on external reserves of the country
  • D Acting as acceptance houses
View Answer & Explanation
Question 2769:
personal savings are generally low in West Africa because of
  • A The level of income of people
  • B The refusal of banks to grant loans
  • C Overpopulation
  • D Cheaper foreign currencies
View Answer & Explanation
Question 2770:
Which business organization enjoys tax-free point in est Africa?
  • A Co-operative societies
  • B Private limited liability companies
  • C Joint stock companies
  • D Partnerships
View Answer & Explanation