Category: 2017 D03 Eco

Q. a) Explain two (2) types of unemployment. (8 marks) b) Explain the use of national income data in economic system. (8 marks) c) Describe the relationship between industry and Read More …

Q. a) Explain the differences between the Gross Domestic Product (GDP) and Gross National Product (GNP). (8 marks) b) Explain the three (3) main roles of the Central Bank in Read More …

Q. a) Explain what is meant by mixed economic system. (5 marks) b) Describe three (3) importances of Free Trade Restrictions. (15 marks) (20 marks, 2017 Q1) A. a) Similar Read More …

Q.a) Discuss the following government policy in influencing domestic demand in the country. i) Fiscal policy (4 marks)ii) Monetary policy (4 marks)iii) Direct Control Policy (4 marks) b) Explain two Read More …

Q. a) Discuss three (3) problems in calculating National Income (12 marks) b) Describe two (2) types of deposits offered by commercial banks (8 marks) (20 marks, 2017 Q5) A. Read More …

Q.a) Explain the differences between Cost-push inflation and Demand-pull inflation. (10 marks) b) Explain how the following factors promoting globalization of the national economy. i) The development of Communication System Read More …

Q.Explain how these factors influence the household consumption. a) Disposable income levels (5 marks) b) Interest rate and loan conditions (5 marks) c) Expected price of the future (5 marks) Read More …

Q. Clarify how the following factors affect the performance of an investment a) National income (4 marks) b) Loan interest rate (4 marks) c) Technological advances (4 marks) d) The Read More …