ECONOMICS

Explain five advantages of direct taxation in an economy. (10 marks)November 2022

Country XYZ is facing a problem of high levels of unemployment. Explain five measures that the government may take to address this problem. (10 marks)November 2022

Explain six circumstances under which price controls may be justified in an economy. (12 marks)November 2022

Outline five functions of money in an economy. (10 marks)November 2022

Explain five benefits that may accrue to a firm from operating in large scale. (10 marks)November 2022

Explain five factors that may influence the supply of labour in an economy. (10 marks)November 2022

Explain five factors that may limit credit creation in an economy. (10 marks)November 2022

Explain five monetary measures that a government may take to control the level of inflation in an economy. (10 marks)November 2022

Explain four differences between micro-economics and macro-economics.(8 marks)November 2022

Explain six factors that may lead to an increase in demand for commodities in a market.(12 marks)November 2022