cameroon gce june 2017 Economics Studies Paper 1

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cameroon gce june 2017 Economics Studies Paper 1

cameroon gce june 2017 Economics Studies Paper 1

In a market economic system, most resources
arc owned by:
A The state
B ‘ Private individuals
C The government and individuals
D The public sector
If a car company takes over a tobacco
company, this is an example of:
A Vertical integration
B Conglomerate
C Lateral integration
D Horizontal integration
26. Public expenditure on services such as
education and health are known as expenditure
on:
A Public services
B Administrative services
C Social services

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