Tag: Economics

Third Term Examination Economics SS 2 – Exam Questions

  ENGLISH STUDIES THIRD TERM EXAMINATION SENIOR SECONDARY SCHOOLS (SS 2)     SECTION A Objectives: Answer all questions.  1. A shift in the demand curve indicates ___________. (a) exceptional demand (b) change in demand (c) change in quantity demanded (d) elasticity of demand   2. If there are no barriers to entering a market,

Third Term Examination Economics SS 1 – Exam Questions

  ECONOMICS THIRD TERM EXAMINATION SENIOR SECONDARY SCHOOLS (SS 1)     SECTION A Objectives: choose the correct OPTIONS.  1. All economic systems must decide what to produce because ___________. (a) resources are not available (b) consumers want maximum satisfaction (c) resources are limited in supply (d) producers want maximum profit   2. Which of