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Economics Past Questions and Answers

Economics Questions

Question 4336:
Standard deviation can be determined by the square root of the ____________
  • A Mean
  • B Mean deviation
  • C Mode
  • D Variance
  • E Variance divided by the mean
View Answer & Explanation
Question 4337:
Which of the following goods are NOT examples of joint supply?
  • A Beef and hides
  • B Fuel and kerosene
  • C Palm oil and kernel
  • D Tea and coffee
  • E Wool and Mutton
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Question 4338:
The following countries are members of ECOWAS EXCEPT
  • A Angola
  • B Ghana
  • C Ivory coast
  • D Liberia
  • E Niger Republic
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Question 4339:
A tax system in which the income earner pays a fixed percentage of his income annually is known as ____________ tax.
  • A Direct
  • B Indirect
  • C Progressive
  • D Proportional
  • E Regressive
View Answer & Explanation
Question 4340:
A comprehensive statement of Income and expenditure on international accounts for one financial year is called ____________
  • A Balance of payments
  • B Balance of trade
  • C Budget
  • D Index of trade
  • E Terms of trade
View Answer & Explanation