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Economics Past Questions and Answers

Economics Questions

Question 2936:
The direct exchange of one goods for another without the use of money is known as
  • A Foreign exchange
  • B Exchange rate
  • C Expenditure rate
  • D Barter
View Answer & Explanation
Question 2937:
Acceptability, durability, homogeneity and portability are all attributes of good
  • A Markets
  • B Money
  • C Banks
  • D Government
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Question 2938:
The term demand for money means
  • A Desire to borrow money from people
  • B Desire of an individual to invest all his money in projects
  • C Willingness of people to hold money
  • D Wilingness of people to keep all their resources in assets
View Answer & Explanation
Question 2939:
A persistent and appreciable rise in the general level of price is known as
  • A Depreciation
  • B Inflation
  • C Deflation
  • D Production
View Answer & Explanation
Question 2940:
A commercial banks deposits are
  • A Liabilities
  • B Assets
  • C Capital
  • D Cash at hand
View Answer & Explanation