State two situations in which each of the following types of inflation may occur.
Sources of public finance
Reasons for the increased use of cell phones in banking
Reasons for privatising public corporations
The following diagram represents the circular flow of income in a two sector closed economy.
Identify two factors represented by each of the arrows labelled a and b. (4 marks)
Identify the ledgers in which the following accounts are kept. (4 marks)
Circumstances in which the government may be involved in business
The following balances were extracted from the books of Highlife General Stores on 31st December 2015.
Required: Prepare the balance sheet of Highlife General Stores as at 31st December 2015. (4 marks)
Ways of reducing the level of unemployment in Kenya
Functions of the World Bank
State four effects of a shift of the demand curve to the right. (4 marks)
Features of a parastatal
Four features of an insurable interest
The following transactions relate to Jelimo Stores:
Outline one circumstance under which each of the following telecommunication services may be used: (4 marks)