[6:22 pm, 19/10/2023] Manaal Asif🤗: TEST OF SEC 2 AND 6
Q1) analyse how fall in a country foreign exchange rate could increase it inflation rate. With diagram
(6marks)
[6:23 pm, 19/10/2023] Manaal Asif🤗: Q2) discuss whether or not decrease in the rate of interest will
increase in country GDP. With diagram?(8 mark)
[6:23 pm, 19/10/2023] Manaal Asif🤗: Q3)Identify 3 methods of protectionism (4 marks)
[6:25 pm, 19/10/2023] Manaal Asif🤗: Q4) analyse why a cut in government spending might increase
poverty(4 marks)
[6:25 pm, 19/10/2023] Manaal Asif🤗: Q5) explain why public good would not be supplied in market
economic system (4 marks)
[6:26 pm, 19/10/2023] Manaal Asif🤗: Q6) define market disequilibrium (2 marks)
[6:27 pm, 19/10/2023] Manaal Asif🤗: Q7) Identify two determinent of price elasticity of demand (2)
Q8) whether or not in the market economic system prices always remain in equilibrium. With diagrams?
(8)