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Friday, 03 July 2026
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Economics Past Questions and Answers

Economics Questions

Question 4966:
GDP at market price differs from GDP at factor cost because of:
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  • A Population and labour force
  • B Indirect taxes and subsidies
  • C Savings and investment levels
  • D Imports and exports only
View Answer & Explanation
Question 4967:
Labour force excludes:
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  • A Full-time secondary school students
  • B Self-employed business owners
  • C Factory workers producing goods
  • D Unemployed adults seeking work
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Question 4968:
One disadvantage of overpopulation is:
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  • A Pressure on available resources
  • B Elimination of unemployment
  • C Increase in living standards
  • D Reduction in market demand
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Question 4969:
Which group belongs to labour force?
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  • A Retired pensioners resting
  • B Disabled infants permanently
  • C Job seekers willing to work
  • D Children below school age
View Answer & Explanation
Question 4970:
One problem associated with GDP measurement is:
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  • A Perfect economic records
  • B Informal sector activities omission
  • C Excessive data availability
  • D Unlimited statistical accuracy
View Answer & Explanation

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