CIFA/CPA FOUNDATION LEVEL ECONOMICS TUESDAY: 19 August 2025. Afternoon Paper.

QUESTION ONE
(a) Explain the FOUR steps of the scientific method as applied in economic analysis. (4 marks)
(b) Explain SIX strategies that the government could implement to counter the effects of climate change on agriculture. (6 marks)
(c) (i) Explain the term “central bank” of a country. (2 marks)
(ii) State FOUR secondary functions of a central bank. (4 marks)
(d) Highlight FOUR limitations of the production possibility frontier curve. (4 marks) (Total: 20 marks)

Click the link below to download the answers.

CPA EconomicsQ1

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