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Economics Past Questions and Answers

Economics Questions

Question 4661:
The maximum price is
  • A P1
  • B P2
  • C P3
  • D P4
View Answer & Explanation
Question 4662:
Real cost is
  • A Alternative commodities forgone
  • B Amount of money spent on goods and services
  • C Cost of goods and services
  • D True cost
View Answer & Explanation
Question 4663:
..................... is the highest body in ECOWAS organogram
  • A Authority of Head of State and Government
  • B The Executive Secretariat
  • C The Defense Council
  • D Council of Ministers
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Question 4664:
Government uses all of the following ways to redistribute income, except
  • A Market intervention
  • B Transfer earnings
  • C Limited liability
  • D Taxation
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Question 4665:
The principle that specified that the amount, when and how to pay tax should be made known to tax payer is known as
  • A Principle of economy
  • B Principle of convenience
  • C Principle of simplicity
  • D Principle of certainty
View Answer & Explanation