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Economics Past Questions and Answers

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Economics Questions

Question 3516:

which of the following is not a method of controlling monopoly

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A Preventing mergers
B Indigenization
C Privatization
D Imposing high profit tax

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Question 3517:

which of the following features distinguishes a public limited company from a private limited company

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A Perpetual existence
B Limited liability
C Legal entity
D Sales of shares to the public

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Question 3518:

Inflation may occur if there is?

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A Excess supply over demand
B Increase in productivity
C Excessive demand with limited supply
D Increased government spending in a depressed economy

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Question 3519:

Frictional unemployment occurs when?

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A There is a change in the technique of production
B Job seekers lack information where jobs exist
C Bad weather prevents work from progressing
D Job seekers have disabilities

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Question 3520:

which of the following will increase the demand for labour

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A Increase wage rate
B Labour's demand for output
C Low wage rate
D Low marginal productivity

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