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Economics Past Questions

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3946

(a) What is meant by the supply of a commodity?
(b) What are the probable factors that can bring about changes in the supply of beans? 

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3947

 Describe the effects of inflation on the economy of a country. 
 

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3948

(a) What is a tax?

(b) Highlight the various tax systems.
 

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3949

Give five reasons why Government participates in business enterprise.

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3950

 (a) Define tariffs
(b) What are the reasons for imposing tariffs? 

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