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ENS Bambili Economics 2014-2015

Article Index

l6.Which of the following characteristic(s) paper money to be more acceptable than coins?

i. Portability

ii. Durability

iii. Divisibility

iv. Scarcity

a) i. only
b) ii only
c) i. and ii only
d) All of them

l7.What is likely to be the main motive for a country giving aid with strings to another
country?
a) To increase the International competitiveness of the recipient country
b) To increase the choice of the recipient country in terms of the product it can buy
C) To increase the imports of the donor country
d) To increase the export of the donor country

18.The “crowding out effect” occur when
a) An increase in private investment leads to an increase in public sector
investment
b) An increase in private investment leads to a fall in public sector investment
c) An increase public sector lens to a fall in private sector investment
d) An increase in public sector investment leads to an increase in private sector
investment

19.Source of economic growth include:
a) Production possibility curve, full employment of factors of production
b) Full employment of factors of production, improved quality of economic
resources and increased quantities of economic resources
c) Full employment of factors of production, improved quality of economic
resources and increase quantities of economic resources
d) Full utilization of factors of production

20. If Agriculture is completely mechanized in Cameroon there will be experiencing:
a) Technologically unemployed

b) Seasonal unemployment

c) Fricitional unemployment

d) Cyclical unemployment