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2024 A/L Economics Past Paper – Question MCQ 28 Answer
Question: ‘High Powered Money’ (or Monetary Base) in an economy consists of: (1) Total bank…
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2024 A/L Economics Past Paper – Question MCQ 29 Answer
Question: According to Keynes’ Liquidity Preference Theory, the speculative demand for money is: (1) Directly…
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2024 A/L Economics Past Paper – Question MCQ 30 Answer
Question: The Central Bank Act No. 16 of 2023 in Sri Lanka introduced a provision…
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2024 A/L Economics Past Paper – Question MCQ 31 Answer
Question: In the context of public goods, the characteristic of ‘non-rivalry’ means that: (1) it…
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2024 A/L Economics Past Paper – Question MCQ 34 Answer
Question: The significant increase in government tax revenue in Sri Lanka after 2022 was primarily…
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2024 A/L Economics Past Paper – Question MCQ 35 Answer
Question: In the context of the IMF Extended Fund Facility (EFF) for Sri Lanka, ‘Debt…
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2024 A/L Economics Past Paper – Question MCQ 36 Answer
Question: The ‘Primary Deficit’ in the government budget is defined as: (1) Fiscal Deficit +…
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2024 A/L Economics Past Paper – Question MCQ 37 Answer
Question: The ‘Headcount Index’ of poverty measures: (1) the depth of poverty in a country.…
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2024 A/L Economics Past Paper – Question MCQ 38 Answer
Question: Which of the following is NOT a component of the Human Development Index (HDI)?…
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2024 A/L Economics Past Paper – Question MCQ 39 Answer
Question: ‘Globalization’ is best described as the process of: (1) restricting international trade to protect…