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Economics Past Questions


Question 4471:


Data presented in tables are usually arranged in ____________ and ____________

A. Charts, tables
B. , graphs, rows
C. Pictograms, columns
D. Rows, columns


Question 4472:


The additional satisfaction derived from the consumption of one more unit of a good is called ____________

A. Marginal cost
B. Marginal product
C. Marginal revenue
D. Marginal utility
E. Total Utility


Question 4473:


When the demand for foreign exchange exceeds its supply, the value of the domestic currency

A. Appreciates
B. Depreciates
C. Expands
D. Increases
E. Inflates


Question 4474:


Time deposit is the same thing as ____________

A. Bank rate
B. Current account
C. Demand deposited
D. Fixed deposit
E. Saving account


Question 4475:


The International Monetary Fund (IMF) was set up mainly to ____________

A. Cater for financial needs of developed countries
B. Create conditions favourable for the growth of world trade
C. Create favourable balance of payment
D. Develop domestic trade
E. Offset foreign debts only






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