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Tuesday, 23 June 2026
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Economics Past Questions and Answers

Economics Questions

Question 4571:
The line labelled M in the diagram above represent
  • A Total cost
  • B Fixed cost
  • C Variable cost
  • D Average cost
View Answer & Explanation
Question 4572:
The International Bank for Reconstruction and Development(IBRD) performs the following functions except ____________
  • A Granting long-term loans
  • B Assisting with technical expertise
  • C Reducing tariff among members
  • D Developing human resource
View Answer & Explanation
Question 4573:
An electrical engineer who is teaching physics in a secondary school is said to be
  • A Under-employed
  • B Unemployed
  • C Fully employed
  • D Technologically unemployed
View Answer & Explanation
Question 4574:
One benefit a country can derive from the extraction of crude oil is increase in
  • A Population
  • B Employment
  • C Money supply
  • D Demand for imports
View Answer & Explanation
Question 4575:
Which of the following cannot be classified as a natural resource?
  • A Iron rod
  • B Wild life
  • C Solar energy
  • D Gold
View Answer & Explanation