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Economics Past Questions

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4486

The type of unemployment found among workers who leave their jobs in search of other jobs is termed

  • A. seasonal unemployment
  • B. structural unemployment
  • C. frictional unemployment
  • D. cyclical unemployment
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4487

The main objective of marketing boards is to

  • A. accumulate revenue for government
  • B. educate farmers on pricing of cash crops
  • C. stabilize the incomes of cash crop farmers
  • D. provide warehousing facilities
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4488

The use of mass advertising media enable a firm to enjoy

  • A. managerial economies
  • B. financial economies
  • C. marketing economies
  • D. welfare economies
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4489

Increasing national income without effective control of population size in a country can lead to

  • A. higher per capita income
  • B. increase in poverty
  • C. increased outflow of aid
  • D. underutilization of resources
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4490

An example of commodity money is

  • A. currency note
  • B. mobile money
  • C. cheques
  • D. silver
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