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Tuesday, 07 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 3131:
All indirect taxes tends to be
  • A Progressive
  • B Regressive
  • C Certain
  • D Equitable
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Question 3132:
Which of the following will have a more destabilizing effect on the economy?
  • A A tax on the price of vehicle
  • B A tax on petrol
  • C A decrease in the supply of vehicle
  • D Moderate increase in wages
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Question 3133:
An important feature of economic development is
  • A Population explotion
  • B Reduction in exports
  • C High literacy level
  • D Low exports
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Question 3134:
Trades among nations is desirable because
  • A Enables people in a coutry to know those in other countries
  • B Makes it possible for people in a country to enjoy the goods and services produced in other countries
  • C Enables residents in country a to understand the language of residents of other countriesd
  • D Makes it possible for a country to have the currencies of other countries
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Question 3135:
Invisible trade refers to trade in
  • A Services
  • B Goods and services
  • C Tangible goods
  • D Crude oil
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