Ordinary level 2026 West regional mock Economics 1

Here is the extracted data from the examination paper.

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Section 1: Questions 1 – 6

1. The most common form of business unit in Cameroon is

• A. The Partnership

• B. The Sole Proprietorship

• C. The Co-operative society

• D. The Joint Stock company

2. The Agricultural sector in Cameroon is very important because:

• A. It operates in large scale all over the country

• B. It has many plantations in the country

• C. It employs the greatest proportion of the working population

• D. It encourages rural-urban migration

3. A Bank receives a deposit of $250,000 \text{ frs cfa}$ and holds a cash ratio of $5\%$, what is the maximum amount of money the Bank can create?

• A. $1,250,000 \text{ frs cfa}$

• B. $12,500 \text{ frs cfs}$

• C. $50,000 \text{ frs cfa}$

• D. $5,000,000 \text{ frs cfa}$

4. Consumer sovereignty implies that

• A. Consumers determine what goods and services to be produced

• B. Consumers set up retail shops

• C. The consumers and government determine what to produce

• D. Consumers and producers determine what to produce.

5. Which of the following is the main locational factor of a weight-gaining industry?

• A. Skilled labour

• B. Market

• C. Raw materials

• D. Economics of scale

6. Given that a country has a population of $10,000,000$ inhabitants in a year within the year $500,000$ births and $200,000$ deaths were recorded. The natural growth rate will be:

• A. $3\%$

• B. $30\%$

• C. $36$

• D. $30$

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Section 2: Questions 7 – 12

7. Given that quantity demanded of fish increases from $40 \text{ kg}$ to $50 \text{ kg}$ as a result of a fall in price from $500 \text{ frs cfa}$ to $400 \text{ frs cfa}$, the price elasticity of demand will be:

• A. $1.25$

• B. $125$

• C. $12.5$

• D. $0.8$

8. Questions 8 is based on the table below

Price FCFA	Quantity demanded in 000’s kg per week	Quantity supplied in 000’s kg per week
70	41	57
60	45	53
50	49	49
40	63	47

If the government imposes a price of $40 \text{ FCFA FRS}$ such a price is called,

• A. Equilibrium price

• B. Market price

• C. Minimum price

• D. Maximum price

9. The main attribute of money in a modern economy is:

• A. Liquidity

• B. General acceptability

• C. Stability

• D. Divisibility

10. Which of the following is an example of producer good?

• A. A textbook

• B. Tanker

• C. Television set

• D. A blanket

11. Which of the following will likely cause the population of a country to decrease?

• A. High rate of immigration

• B. High birth rate

• C. Low death rate

• D. High rate of emigration

12. Question 12 is based on the following diagram.

(Diagram shows a Price vs Quantity Supplied graph with supply curves $S$ and $S1$. Points $A$ and $B$ are on curve $S$, and point $C$ is on curve $S1$ at the same price level $P1$ as point $B$.)

The movement from point B to C is caused by:

• A. An increase in disposable income

• B. An increase in cost of production

• C. An increase in indirect taxes

• D. Improvements in technology