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Economics Question Paper

Economics 

Course:Diploma Course In Management Section 1

Institution: Kenya Institute Of Management (Kim) question papers

Exam Year:2010



Diploma course in management

Section I

June 2010 Examination

Economics

Time: 3 Hours



Instructions
1. Write your index number in the space provided in the answer booklet.
2. Answer any five questions
3. All questions carry equal marks
4. No writing should be done on this question paper
5. Candidates who break KIM examination rules and regulations or commit any malpractice will be Disqualified




1.Highlight the limitations of credit creation process (20 marks)

2.Distinguish between terms of trade and balance of payment (20 marks)

3.State the benefits a country can get by adopting protectionism policy (10 marks)

b)Examine the advantages of non banking financial institutions (10 marks)

4.Outline the characteristics of good money (10 marks)

b)Discuss the importance of elasticity of supply (10 marks)

5 Discuss trade restrictions (20 marks)

6.Discuss monetary measures Kenya government can undertake to check money supply (10 marks)

b)Outline fiscal measures Uganda government uses to check inflation level (10 marks)

7.Discuss using a diagram, the kinked demand curve (20 marks)






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