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Wednesday, 01 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 4821:
If output increases while fixed cost remains unchanged:
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  • A AFC rises continuously
  • B AFC continues falling
  • C AVC becomes negative
  • D Total revenue declines
View Answer & Explanation
Question 4822:
One importance of GDP statistics is:
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  • A Measuring population fertility
  • B Estimating election outcomes
  • C Monitoring economic growth trends
  • D Predicting climatic conditions
View Answer & Explanation
Question 4823:
GDP can be used to determine:
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  • A Weather forecasting pattern
  • B Level of economic growth
  • C Population migration rate
  • D Election voting strength
View Answer & Explanation
Question 4824:
National income figures help investors to:
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  • A Measure election turnout
  • B Determine military strength
  • C Predict rainfall patterns
  • D Assess economic conditions
View Answer & Explanation
Question 4825:
GDP is usually measured over:
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  • A One calendar week
  • B Ten consecutive years
  • C One accounting year
  • D Five trading days
View Answer & Explanation

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