Economics Past Questions and Answers

(a) What are capital goods. <br/>(b) Explain the problems associated with the distribution of goods in your country.

(a) Explain the term net migration.<br/>(b) Describe any four economic effects of rural to urban migration in your country.

(a) Outline any two differences between monopoly and perfect competition <br/> (b) State any four entry barriers that can prevent the emergence of competitive firms.

(a) Distinguish between a public company and a public corporation <br/>(b) What are the problems of public corporations in your country? <br/>

(a) What is trade by barter?<br/>(b) Highlight the problems posed by trade by barter.