Economics 2013 | Study Mode

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Question 31
A
market
B
power supply
C
water
D
raw materials
Explanation

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Correct option: A
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Question 32
A
public offer
B
indigenization
C
privatization
D
nationalization
Explanation

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Correct option: C
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Question 33
A
annual increase in production
B
formation of OPEC
C
high demand for crude oil
D
huge investment outlay
Explanation

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Correct option: B
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Question 34
A
efficiency in pricing and distribution of the products
B
an end to the importation of fuel
C
an end to foreign firms' dominance
D
fixing appropriate production quotas
Explanation

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Correct option: A
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Question 35
A
the maximum number of shareholders is 20
B
members are the owners
C
members are the workers
D
the minimum number of shareholders is 5
Explanation

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Correct option: B
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Question 36
A
difficulty in the transfer of shares
B
distrust among members
C
limited liability
D
large capital outlay
Explanation

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Correct option: B
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Question 37
A
establishing more tertiary institutions
B
creating sufficient job opportunities
C
encouraging the study of science and technology
D
establishing more skills acquisition centres
Explanation

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Correct option: D
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Question 38
A
decrease in the population
B
decrease in job opportunities
C
increase in population
D
increase in dependency ratio
Explanation

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Correct option: A
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Question 39
A
increase its spending with foreign reserve
B
sell its own currency
C
reduce interest rate
D
buy its currency with foreign reserve
Explanation

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Correct option: B
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Question 40
A
government spending
B
interest rate
C
income tax
D
tariff
Explanation

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Correct option: C

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