cameroon gce O level June 2023 Economics 1
cameroon gce O level June 2023 Economics 1
A good example of an incorporated business
unit is;
A Sole proprietor
- Partnership
C Joint stock company
- Cooperative society
- 2. A perfectly inelastic demand curve will be;
A Vertical
- Horizontal
C Upward sloping
- Downward sloping
- .This Question is based on the cost schedule
below;
| Output (units) | Total cost (Fcfa) |
| 0 | 1000 |
| 1 | 2500 |
| 2 | 6000 |
| 3 | 9600 |
What is the fixed cost of the second unit of output produced?
A 3500fcfa
- 1000fcfa
C 2400 fcfa
- 2000 fcfa
- The low level of industrialization in Cameroon
is caused by;
A High level of immigration
- Availability of skilled labour
C Abundance of raw materials
- Inadequate infrastructural development
- The most profitable function of a commercial
bank is;
A Accepting deposit
- Granting loans
C Keeping valuables
- Offering night safe facilities
- Contractual payments made to owners of land
and capital are ;
A Rent and interest
- – Rent and dividend
C Wages and interest
- Rent and wages.
- A man has a monthly income of 200,000 frs
and the tax rate is 5%. Determine his
disposable income? A 10,000fcfa
- 210,000 fcfa
C 200,000 fcfa
- 190,000 fcfa A perfect definition of “demand” must
contain the following;
A Price and time
- Price and quantity
C Price, quantity and time
- Time and quantity
- A principle of taxation that requires that the
tax yield be more than the cost of collection, is;
A Economy
B Convenience
C Certainty
D Equity
- The documents given to company promoters
by the registrar of companies are;
A Certificate of trading and prospectus
- Certificate of incorporations and certificate of trading
C Article of association and prospectus
- Memorandum of association and article of association
- When the government through the central
bank, decides to reduce the supply of money in an economy, the objective will likely be;
A To promote economic growth
- To solve problems of unemployment C To curb inflation
- To redistribute income
- If an increase in the price of good X leads to
an increase in the demand for good Y, goods X and Y represent;
A Joint demand
- Derived demand
C Composite demand
- Competitive demand
- The population where by a greater proportion
is made up more of the young and adult is referred to as;
A Working population
- Ageing population C Growing population
- Under population
- The inability for a teacher in Yaounde to
become a lawyer in Bamenda is brought about by;
A High cost of housing
- Strong social ties
C Disruption of children’s education
- Lengthy period of training
mbongjessica964@gmail.com
September 1, 2023
Please I need the right answer to the questions so I can know where I am correct or wrong to my own answers
PMA DIOR
September 8, 2023
It was very good and it is going be of great help to me because I’m writing my GCE OLevel this academical year
PMA DIOR
September 8, 2023
It was very good and it is going be of great help to me because I’m writing GCE O level this academical year. Thank you
Kilibertroy
October 5, 2023
I like this
Bisong favour
October 16, 2023
Ok
Adonic
March 5, 2024
It was good and interesting
TADE
April 1, 2024
all past question
Silo
May 20, 2024
pass quesion
Silo
May 20, 2024
ok
Andy
May 21, 2024
Help me wit economic
Ojong Honorine
October 1, 2024
Great initiative. It's going to facilitate access to pass questions. Thanks a lot