Economics Past Questions and Answers

If inflation is anticipated, people may

Suppose the public expenditure as a percentage of GDP of four countries is shown in the table below

A	40%
B	50%
C	33%
D	36%

Which type of economy exists in these countries?

Which of the following must be true to have a closed economy with no government, and yet the value of the investmet multiplier still increase?

.............is presently used in Nigeria to measure inflation

An increase in money income with constant price results in