A Level Economics Quiz 2017 Part 3

This Question is based on figure 4, showing the savings and investment situations in an economy.

The value of the multiplier is

The speculative demand for money is

Demand-pull inflation most likely

The question is mased on the table below, which shows a country’s consumption schedule

The savings function is represented by

If a bank receives a new demand deposit of 100,000 million FCFA and the liquidityratio of the bank is 20%, then the bank can lend out

If government spending exceeds tax collection

The part of the government debt which consists of treasure bills is often referred to as floating debt because

A country has a progressive income tax. The first 6,000FCFA earned in tax-free. Thereafter, the next 20000 FCFA of income earned is taxed at 25% and all taxable income above that is taxed 50%, if a person earns 50,000FCFA, how much tax will he pay?

The process by which a country attempts to reduce the purchase of foreign goods by encouraging local firms to produce those goods at home is known as

In which trade bloc do members states trade freely amongst themselves, but each member state has the latitude to impose individual tariff rates against non-members?

Under which of the following situations may a nation experience favourable terms of trade?

For which economic bloc does Cameroon belong?

Economic growth is depicted by

In a trade cycle, a downturn occurs when real Gross Domestic Production

The type of unemployment that cannot be avoided in an economy is known as

A situation when an unemployed person receiving social security benefits is not encourages to look for work is termed

The largest source of tax revenue to the government is:

An increase in the supply of money will cause interest rates to:

The law of demand states that:

Which of the document in the formation of a limited company listed below regulates the external affairs of the company?