Economics with Sanath Withanage

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  • National Income

    2022 A/L Economics – Past Paper MCQ 21

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    April 17, 2026

    Question: Suppose a wealthy person bought the holiday home in Nuwara Eliya which he/she used…

  • National Income

    2022 A/L Economics – Past Paper MCQ 22

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    April 17, 2026

    Question: In a given year, if nominal GDP is Rs. 1 200 billion and real…

  • Macroeconomic Equilibrium

    2022 A/L Economics – Past Paper MCQ 23

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    April 17, 2026

    Question: Table below shows some macro economic data for a certain economy. [Gross Domestic Capital…

  • Consumption Theory

    2022 A/L Economics – Past Paper MCQ 24

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    April 17, 2026

    Question: Suppose that in a certain economy when the aggregate income increases from Rs. 500…

  • Fiscal Policy

    2022 A/L Economics – Past Paper MCQ 25

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    April 17, 2026

    Question: Assume that the marginal propensity to consume in a certain economy is 0.8 and…

  • Money and Banking

    2022 A/L Economics – Past Paper MCQ 27

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    April 17, 2026

    Question: Given a reserve ratio of 10% in an economy with fractional reserve banking system,…

  • Money and Banking

    2022 A/L Economics – Past Paper MCQ 28

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    April 17, 2026

    Question: Which of the following is not included in M2 definition of money supply? (1)…

  • Inflation

    2022 A/L Economics – Past Paper MCQ 29

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    April 17, 2026

    Question: Based on the Equation of Exchange, if Y = 500, M = 400 and…

  • Macroeconomic Policy

    2022 A/L Economics – Past Paper MCQ 30

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    April 17, 2026

    Question: Which one of the following policies will close an inflationary gap? (1) Lowers reserve…

  • Consumption Theory

    2022 A/L Economics – Past Paper MCQ 26

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    April 17, 2026

    Question: Assume that in an economy the marginal propensity to consume out of disposable national…

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