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Economics Past Questions and Answers

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Economics Questions

Question 4201:

Government can curb inflation by ____________

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A Encouraging banks to lend for any purpose.
B Increasing her own expenditure.
C Buying treasury bills in the open market.
D Selling securities in the open market

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Question 4202:

Functions of money does not include ____________

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A Store of value.
B Medium of exchange
C Standard of deferred payment.
D General acceptability.

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Question 4203:

Demand-pull inflation can be as a result of ____________

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A Increase in the cost of production.deficit financing by the government.
B Excessive supply of foodstuff
C Increase in import duties.

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Question 4204:

An increase in cash ratio by the central bank will ____________

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A Increase the supply of money.
B Increase banks lending
C Encourage borrowing.
D Reduce the supply of money.

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Question 4205:

When a government cuts down her expenditure to reduce inflation, she has embarked on ____________

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A A restrictive Fiscal policy.
B An expansionary monetary policy.
C Physical policy.
D Implementing budget deficit

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