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Tuesday, 23 June 2026
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Economics Past Questions and Answers

Economics Questions

Question 4561:
The stock exchange is an example of the
  • A Labour market
  • B Money market
  • C Commodity market
  • D Capital market
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Question 4562:
What happens when the central bank increases the bank rate in an economy
  • A Borrowing is discouraged
  • B Customers increase their borrowing
  • C Banks can increase their lending
  • D Money supply increases
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Question 4563:
In order to increase revenue, government should tax commodities for which demand is
  • A Perfectly price inelastic
  • B Price inelastic
  • C Price elastic
  • D Unitary elastic
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Question 4564:
The figure above shows change in demand for commodity x which is a normal good. Use it to answer the questions that follows<br/><br/>Which of the following caused the change in demand from D0 D0 to D2 D2?
  • A Fall in income of consumer
  • B Rise in the price of a substitute
  • C Rise in the price of a complement
  • D Fall in the supply of commodity x
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Question 4565:
Which of the following activities will not lead to economic growth?
  • A Massive importation of capital goods
  • B Intensive capital formation
  • C Use of modern technology
  • D Massive importation of consumer goods
View Answer & Explanation