Economics Past Questions and Answers

when all factors input are reduced by half, the production possibility curve will shift

A Outwards
B Inwards
C Downwards
D Upwards

Question 2917:

when a worker changes from one tye of job to another, it is called

A Geographical mobility of labour
B Occupational mobility of labour
C Immobility of labour
D Rural-urban migration

Question 2918:

which of the following determines the size of a country's population ? (I) Birth rate (II) Death rate (III) Migration rate (IV) Importation rate (V) Unemployment rate

A (I), (II) and (V)
B (II) and (IV)
C (I),(II) and (III)
D (IU) and (V)

Question 2919:

Age distribution is important because it helps the government to

A Check rural-urban drift
B Determines the number of foreigners
C Determines the number of factories
D Undertake effective planning

Question 2920:

A group of firm producing similar commodities for the same market constitute

A A cartel
B An industry
C A co-operative
D Wholesaler