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Economics Past Questions and Answers

Economics Questions

Question 4341:
The African Development Bank was set up in 1964 and has its headquarters in ____________
  • A Burkina Faso
  • B Ivory Coast
  • C Liberia
  • D Niger Republic
  • E Senegal
View Answer & Explanation
Question 4342:
The Industrial strategy of producing locally those goods that could have been imported is known as ____________
  • A Balance growth
  • B Export promotion
  • C Import substitution
  • D Industrialization
  • E Urbanization
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Question 4343:
Which of the following Is NOT a function of Merchant Bank
  • A Helps public companies to issue new shares
  • B Provision of medium and long-term loans
  • C They accept bills of exchange
  • D They guarantee the buying of shares
  • E They implement government monetary policies
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Question 4344:
Goods that are useful, scarce and can command price are called ____________ goods.
  • A Capital
  • B Consumer
  • C Economic
  • D Free
  • E Scarce
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Question 4345:
The equation MV PT is known as ____________
  • A Demand and supply equation
  • B Equilibrium equation
  • C Equation of exchange
  • D Money supply equation
  • E Price index numbers
View Answer & Explanation