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    UACE Economics 2018 Paper 2

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    fahrah dauda
    This document contains an economics exam for the Uganda Advanced Certificate of Education with questions in two sections. Section A is compulsory and contains short answer questions on topics like the distinction between consumption and investment expenditure, factors influencing consumption in Uganda, roles of public enterprises in Uganda, the definition and determinants of demand for labor, the meaning of fiduciary issue in banking and functions of money, and the distinction between specific and ad valorem taxes as well as demerits of specific taxes. Section B contains four long answer questions to choose from on topics such as output, price and profits determination in monopolistic competition, economic growth vs economic development, roles and challenges of multi-national corporations, import substitution vs export promotion strategies, inflation types and

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    UACE Economics 2018 Paper 2

    Uploaded by

    fahrah dauda
    2K views3 pages
    This document contains an economics exam for the Uganda Advanced Certificate of Education with questions in two sections. Section A is compulsory and contains short answer questions on topics like the distinction between consumption and investment expenditure, factors influencing consumption in Uganda, roles of public enterprises in Uganda, the definition and determinants of demand for labor, the meaning of fiduciary issue in banking and functions of money, and the distinction between specific and ad valorem taxes as well as demerits of specific taxes. Section B contains four long answer questions to choose from on topics such as output, price and profits determination in monopolistic competition, economic growth vs economic development, roles and challenges of multi-national corporations, import substitution vs export promotion strategies, inflation types and

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    UACE-Economics-2018-Paper-2

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    This document contains an economics exam for the Uganda Advanced Certificate of Education with questions in two sections. Section A is compulsory and contains short answer questions on topics like the distinction between consumption and investment expenditure, factors influencing consumption in Uganda, roles of public enterprises in Uganda, the definition and determinants of demand for labor, the meaning of fiduciary issue in banking and functions of money, and the distinction between specific and ad valorem taxes as well as demerits of specific taxes. Section B contains four long answer questions to choose from on topics such as output, price and profits determination in monopolistic competition, economic growth vs economic development, roles and challenges of multi-national corporations, import substitution vs export promotion strategies, inflation types and

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2K views3 pages

    UACE Economics 2018 Paper 2

    Uploaded by

    fahrah dauda
    This document contains an economics exam for the Uganda Advanced Certificate of Education with questions in two sections. Section A is compulsory and contains short answer questions on topics like the distinction between consumption and investment expenditure, factors influencing consumption in Uganda, roles of public enterprises in Uganda, the definition and determinants of demand for labor, the meaning of fiduciary issue in banking and functions of money, and the distinction between specific and ad valorem taxes as well as demerits of specific taxes. Section B contains four long answer questions to choose from on topics such as output, price and profits determination in monopolistic competition, economic growth vs economic development, roles and challenges of multi-national corporations, import substitution vs export promotion strategies, inflation types and

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    P220/2

    ECONOMICS
    Paper 2
    NovJDcc. 2018
    3 hours

    UGANDA NATIONAL EXAMINATIONS BOARD


    Uganda Advanced Certificate of Education

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    ECONOMICS

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    Paper 2

    3 hours

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    · INSTRUCTIONS TO CANDIDATES:
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    _Answer five questions only.
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    Section A is compulsory. Answers to this section should be concise.

    Answer four questions from section B.


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    All questions in section B carry equal marks.


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    Credit will be given for use of relevant diagrams.


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    Any additional question(.,;) attempted will not be marked.

    CJ 10/8 Uganda Nation,,/ E¥11min,11io11s lloard Turn Over


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    SECTIO� A (20 MARKS)
    Answer all parts of this question.
    1. (a ) (i) Distinguish between consumption expenditure and investment
    expenditure. (02 marks)
    (ii) Mention any two factors that influence consumption expenditure in
    Uganda. (02 marks)
    (b) State any four roles of public enterprises in Uganda. (04 marks)

    (c) (i) Define the tenn demand forlabour. (OJ mark)


    (ii) State any three factors that determine the demand for labour in
    Uganda. (03 marks)

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    (d) (i)What is meant by fiduciary issue in banking? (OJ mark)
    (ii) Give any three functions of money in Uganda. (03 marks)

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    (e) (i) Distinguish between a specific tax and an advalorem tax.
    (02 marks)

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    (ii) State any two demerits of levying a specific tax in Uganda.
    (02 marks)
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    SECTIO:'\ B (80 MARKS)
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    Answer any four questio11sfrom this section.
    2. (a) How docs a firm in a monopolistic competitive market determine output,
    price and profits in the:
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    (i) short-run, and (06 marks)


    (ii) long-run? (06 marks)
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    (b) �xplain the merits and demerits of"monopolistic competition in Uganda.


    (08 mar½_)
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    3. (a) Differentiate between economic growth and economic development.


    (04 marks)
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    (b) Suggest measures that should be adopted to increase the rate of


    economic growth in Uganda. (16 marks)
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    4. (a) Examine the role of �ulti-National Corporations in the economic


    development of Uganda. (JO marks)
    (b) What problems arc faced oy :\1ulli-National Corporations in Uganda?
    (JO marks)
    5. (a) Differentiate between import substitution and export promotion
    strategics of industrial development. ( 04marks)
    ( b) Assess the impact of impon substitution strategy of industrialisation on
    the development of Uganda's economy. (16 marks)

    https://www.edukamer.info
    2
    6. (a) Distinguish between demand-pull infladon and imported inflation.
    (04 marks)
    (b) Explain the effects of inflation in Uganda. (16 marks)
    7. (a) Account for the persistent debt burden in Uganda. (08 marks)
    (b) Describe the methods oeing used to reduce the public debt in Uganda.
    (/2 marks)

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    https://www.edukamer.info

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