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Economics Past Questions and Answers

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Economics Questions

Question 4676:

The term 'investment' in macro means

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A Profit
B Total amount of money invested in bonds and stocks
C The total amount of capital goods in the country
D The production of goods for immediate consumption

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Question 4677:

The following are economic agents in any economy EXCEPT

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A Central Bank
B House hold
C Firm
D Government

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Question 4678:

One major criticism of foreign aid to developing countries is that it

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A Gives too much power and control to world bank
B Encourages growth in government bureaucracy
C Is capital using rather than capital saving
D Provides incentives for capital flight

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Question 4679:

Public corporation is financed with

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A Capital raised from shareholders
B Tax payer's money
C Capital raised from stock exchange
D Capital contributed by owners

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Question 4680:

The type of price elasticity of demand for a commodity whose quantity demanded remain unchanged despite changes in the price is

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A Perfectly elastic
B Infinitely elastic
C Inelastic
D Perfectly inelastic

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