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Economics Past Questions and Answers

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Economics Questions

Question 3451:

A declining population is one in which the population is

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A Experiencing a high rate of emigration
B Made up of large number of old people
C Not producing enough goods
D Not contributing enough to the national income

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Question 3452:

Which of the following agencies help to stabilize farmers' income?

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A Local government authorities
B Trade unions
C Marketing boards
D Co-operative organizations

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Question 3453:

Other things being equal, an increase in supply will lead to

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A A fall in price and an increase in quantity bought and sold
B An increase in price and increase in quantity bought and sold
C A fall in price and a fall in quantity bought and sold
D An increase in quantity supplied and demanded only

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Question 3454:

Examples of joint stock banks are

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A Commercial banks
B Co-operative credit societies
C Central banks
D Development banks

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Question 3455:

Which of the following is not a characteristic of a developing country? High

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A Real per capita income
B Level of primary production
C Population growth rate
D Level of illiteracy

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