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Economics Past Questions and Answers

Economics Questions

Question 3746:
Changes in the value of money can be measured by
  • A The distributors
  • B A price index
  • C A demand index
  • D A supply index
  • E The use of cheque
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Question 3747:
The efficiency of a country's labour force depends on all the following except
  • A Improved working conditions
  • B Better and health care facilities
  • C Adequate training
  • D Stable economy
  • E Frequent strikes and lock-outs
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Question 3748:
which of the following is a bank's responsibility to it's shareholders?
  • A Making profits
  • B Creating money
  • C Paying high interest rate
  • D Preventing inflation
  • E Issuing currencies
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Question 3749:
Deficit financing means
  • A Receiving grants from the IMF
  • B Having budget surplus
  • C Excessive government spending on banks
  • D Borrowing to finance a budget
  • E Inadequate supply of money from the finance companies
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Question 3750:
Development banks mainly provides
  • A Savings account facilities for a developing economy
  • B Foreign exchange facilities for importers and exporters
  • C Capital for development of specific sectors
  • D Capital for hire-purchase of machinery
  • E Capital for the development of special banks
View Answer & Explanation