CAMEROON GCE o/l JUNE 2016 economics paper 1

Money whose face value is greater than the value of
its metal content is known as:
A Standard money
B Token money
, C Paper money
D Near money

Which of the following is a feature of developed
countries?

A High dependency ratio	• •
B High birth rate	. !

C High standard of living	• .
D High level of unemployment

Which taxation system may help to reduce

between the rich and the poor?
A Progressive tax system
B Flat rate tax system
C Proportional tax system
D Regressive tax system

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