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Name * Email * 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006. �!K����f�Y���q.$酶 �(�������LJ� 6��!�RxJ�l��"��vM�+��!4��M��]Ʊ�� ��4��P�P����[Pρ��e4*��q�o6aZ9 P�)G���DP����k$R���p9�h�0�-.q����Q��`������嵎��x�/�`�~�ȱ��B���q6J�O �x]o�X4���c���Vw6M�ߌ�-c��#�~4Ҩ�R�G� <=�V�O~E�el�}�j��Dc��"�/ۺ�!��wO�P�����~��4��5x���ٟ�[?���z�̰��(�={����g=�[oƙ���x>��i��/��m��,���Qk4�[����8�@7�3����Bm[Y��׏A�ʜD'�����sJ�d�g�'4���iI�9�v{�'8q�6]D�L��n4I�/G�d/�U���M��q֗�c�2����*���ݖ���f�M��~������}�4̌�m��h�7�H��la��{VG��e�*��G��,a�����0�x�� f�z�ͭ��7D؍5M�1��?S4 Ƣ��^����c�*p����Ҁs`1�"p$�Ա��΂�.7��r!B.��2����42�fa�BإaEW��CQ������r(5.f֯>q�]����)���_cF.� �|G�( Oe�R]q�K4�q����Y�ya&� �VQ��__ykP��b�Aoi";�q�JP����G ���=M@)&��1%�Og&K:+v ��:��ܙΊ���н���7=wҞ�GorZm�4�r;�U'�v#�v���v�>��i (5 marks). 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(5 marks) (Total: 20 marks), (a) With the aid of an appropriate diagram, explain the concept of “shortage” as used in market equilibrium. (8 marks), (c) Enumerate five factors that determine the price elasticity of demand of a commodity. r� R���0��$T2@�����C_���9�s ;+ ������"߂ �A��18�����O��v#JO�ik�L��n�X���hA8[�]��.�\�:���@a�U? Assignment Memo. (1 mark), (ii) With the help of a diagram, describe demand pull inflation. Many responses were of high quality. (1 mark), (b) (i) Explain the term “consumer sovereignty” as used in economics. School of language, literature & Culture Studies. Your email address will not be published. View and download both Higher and Ordinary level papers. You can easily get 2-3 marks with the help of Economics GK Questions and answers for Competitive Exams. H�\��j�P���粽(��g� Choose the response that is correct or that best answers the question. A correct answer scores 1; an incorrect answer scores 0. Economics . Economics . endstream endobj 157 0 obj <>stream See below - … h�bbd```b``Q�A$���"�T@$s3�d��� �U,n ��f�هA$�X�-؄�`�sA��@�q��d>�r+�l�tm�[ �x��DZ��Hc.�x/�L�} R���,M&�/���00 R� Q*�30M�` ß� BECE, Daniel Blankson. In economics analysis, a statement is said to be normalize if, it

economics exam questions and answers 2018

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