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Explain the concept of deflationary gap. Also explain the role of “margin requirements” in reducing it
Date posted:
May 12, 2018
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Explain the concept of inflationary gap. Also explain the role of “legal reserves” in reducing Inflationary gap.
Date posted:
May 12, 2018
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Which transactions determine the ‘balance of trade’? When is balance of trade in surplus?
Date posted:
May 12, 2018
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Define foreign exchange rate. How is it determined under flexible exchange rate system?
Date posted:
May 12, 2018
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Write any three precautions to be taken while estimating national income by expenditure Method.
Date posted:
May 12, 2018
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Giving reasons, explain the treatment assigned to the following while estimating national Income:
(i) Social security contributions by employees.
(ii)Pension paid after retirement.
Date posted:
May 12, 2018
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Explain how ‘non-monetary exchanges’ are a limitation in taking GDP as an index of welfare.
Date posted:
May 12, 2018
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State the Say’s Law of markets.
Date posted:
May 12, 2018
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State the two components of money supply
Date posted:
May 12, 2018
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Define ‘Statutory Liquidity Ratio’.
Date posted:
May 12, 2018
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Market for a good is in equilibrium. There is “increase” in supply of the good. Explain the chain of effects of this change
Date posted:
May 12, 2018
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Explain the distinction between ‘’change in quantity supplied” and “change in supply”
Date posted:
May 12, 2018
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Define marginal cost. Explain its relation with average cost
Date posted:
May 12, 2018
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Explain how changes in prices of inputs influence the supply of a product.
Date posted:
May 12, 2018
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What does the Law of Variable proportions show? State the behaviour of marginal product according to this law
Date posted:
May 12, 2018
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Due to the increase in population the demand for agricultural land has "increased". But the supply of agricultural land is fixed. Explain two methods by which the demand for land can be “decreased”
Date posted:
May 12, 2018
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Explain the implications of the feature ‘barriers to entry’ under monopoly
Date posted:
May 12, 2018
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Explain the implications of the feature’ homogeneous products in a perfectly competitive market.
Date posted:
May 12, 2018
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Distinguish between explicit costs and implicit costs and give examples.
Date posted:
May 12, 2018
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Explain the importance of personal hygiene.
Date posted:
May 12, 2018
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Use real time illustrations to discuss how various demographic dispositions impact on economic performance of a least developed country.
Date posted:
May 12, 2018
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Explain the superiority of Optimum Population Theory over The Malthusian Population Theory.
Date posted:
May 12, 2018
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Discuss FIVE causes of poverty in Less developing countries.
Date posted:
May 12, 2018
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Describe the Neo-Marxist theory of economic development
Date posted:
May 12, 2018
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Collective bargaining offers many advantages to employers, workers and society at large. Explain the importance of collective bargaining.
Date posted:
May 11, 2018
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Discuss FIVE roles of industrial sector in economic development of a nation.
Date posted:
May 11, 2018
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Briefly explain SIX characteristics of money.
Date posted:
May 11, 2018
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Explain the different preferences for risks by individual farmer.
Date posted:
May 11, 2018
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Briefly define the term ' trade union' and explain why do workers join a trade union?
Date posted:
May 10, 2018
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Explain FOUR factors affecting the size of a National Income.
Date posted:
May 10, 2018