Advanced level 2025 Littoral regional mock Economics 1

Advanced level 2025 Littoral regional mock Economics 1

Advanced level 2025 Littoral regional mock Economics 1

29.Everything remaining constant, wlial will reduce the level of
national Income In nn economy? –
[A ] A full in llic planned savings.
fit] A reduction in Ihe level of defense expenditure
|C) Anincreaseinllicaveragepropensity toconsume
[l)| A fall in the marginal propensity to import
30.The Gross Domestic Product at market price of a country is 900
billion FCFAi Given that subsidies arc 120 billion FCFA and
indirect taxes arc 140 billion FCFA. Calculate Ihe Gross Domestic
Product at fuclor cost.
[A) 300 billion FCFA
[It] 8X0 billion FCFA
[C] 920 billion FCFA
I ID] 780 billion FCFA
D]JK(1
n.mwdl Mm19.In which of the following ctmdiimnx would one expect n tlrm to
continue production rather than shut down in the long run?
|A] totalrevenue were more than total Average cost.
(8) variable cost were lo fall below fixed cost.
Id Average revenue were greater than nveruge cost.
fD] total revenue were less than total variable cost.
20.One of the reasons for the existence of dilTcrcnl

IB] The attitude of lenders
[CJ The competition among financialinstitutions
[D] The attitude of the central bank.
21.When the supply of a factor is unit clastic the factor earns;
fA] More of economic rent than transfer earnings
[B] More of transfer earnings than economic rent
|C] Only economic rent
1D] Equal amount of economic rent and transfer earning
22.What is the term for the income earned by a factor of production in
excess of their opportunity cost.
[A] Transfer earnings.
[B] Economic rent.
Id Quasi rent.
[D] Producer surplus. •
31.If disposable income is 400 billion francs, autonomous
consumption is 60 billion francs and MPC is O K, what will be llic
level of saving?
[A] 2lObillion Francs.
[B] 20billion francs.
[C] 380 billion francs.
[D] 60 billion francs. •
23.“Knits are price determined not price determining”. Who
propounded this?
[A ] David Ricardo
[B] Adam Smith
• [CJ AlfredMarshall
|D] LionelRobbins
32.If the Population of Cameroon grows at a 4.5% and income grows
at 2.5%il implies
|A| Per capita income is increasing
[B] Per capita income is constant
[CJ Per capita income is positive
[D| Per capita income is declining
33. Assume that ihe marginal propensity to consume in nn economy is
0.6. By how much would saving change if equilibrium income
increases from 200 million FCFA lo 250 million FCFA
[ A] 100 million FCFA
[B] 20 million FCFA
[C| 80 million FCFA
.[D] 320 million FCFA
24.Consider the following data and calculate Nel migration rate.
Total population.

No. ofbabies who died beforel– birthday....5000
[A] 50%
[B] 33.33%
[C] 22.22%
fDI 11.11%
34.Credit cards nrc considered ns
[ A] Substitute money
(B| Fiat money
[C] Near money
[PI Commodity money
25.The information in table 4 below relates to the evolution of output
as the population of a given country increases. Table 4