Author: KNEC notes and Past Papers

1. A country’s domestic currency has been depreciating over time highlight five disadvantages of this to the country 2. State four negative effect of inflation to a country 3. State any four causes of demand-pull inflation 4. State four non-monetary Read More …

1. Outline four short comings of a country borrowing heavily from internal and external sources 2. Mention four cannons of taxation 3. State four reasons why government levy taxes 4. Identify four methods that a government can use to finance Read More …

1. Give four circumstances under which a trader would operate a fixed deposit account 2. Give any four functions of money 3. Highlight four reasons why loans advanced by commercial banks in Kenya may not appeal to many people 4. Read More …

1. Explain the following terms as used in business i) Census ii) Unemployment iii) Mortality… iv) Optimum population. 2. Highlight four negative implications of a rapid population growth in developing countries 3. State five causes of unemployment in Kenya 4. Read More …

1. Outline four reasons why an increase in per capita income may not necessarily lead to a rise in the standard of living of the citizens 2. State four factors that affect the circular flow of income in an economy Read More …

1. State four reasons why the government should control activities on monopoly 2. The following diagram shows how price and output is determined under monopolistic competition Name the curves: 3. The diagram below represents the short-run equilibrium of a firm Read More …

1 . Highlight four ways a trader benefits from localization of industries 2. State four factors that determine the size of a firm 3. Highlight four measures the government may take to promote delocalization in the country 4. Highlight four Read More …

1. Outline four factors that influence both demand and supply of a commodity 2. State four factors that may result into an increase in the supply of a product in the market 3. State three circumstances under which a fall Read More …

1. For each of the following production activities, indicate whether it is direct or indirect type of production Activity Type  of  production i) An individual washing  his own clothes ii) An individual supplying beef  in an area iii) An individual  Read More …