{"id":56,"date":"2023-04-01T12:15:19","date_gmt":"2023-04-01T12:15:19","guid":{"rendered":"http:\/\/localhost\/solvefor2\/?p=56"},"modified":"2023-04-01T12:17:03","modified_gmt":"2023-04-01T12:17:03","slug":"uace-economics-paper-2-mock-examinations-st-marys-kitende","status":"publish","type":"post","link":"https:\/\/edu.co.tz\/notes\/uace-economics-paper-2-mock-examinations-st-marys-kitende\/","title":{"rendered":"UACE ECONOMICS PAPER 2 MOCK EXAMINATIONS ST. MARYS\u2019 KITENDE"},"content":{"rendered":"<p><span style=\"font-family:Bookman Old Style; font-size:10pt\"><strong>P220\/2<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\"><strong>ECONOMICS<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\"><strong>Paper 2<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\"><strong>Nov 2020<br \/>\n<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:10pt\"><strong>3 hours<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:13pt\"><strong>ST. MARYS&#8217; KITENDE<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>Uganda Advanced Certificate of Education<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>RESOURCEFUL MOCK EXAMINATIONS 2020<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>ECONOMICS<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>PAPER 2<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>3 HOURS<br \/>\n<\/strong><\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>INSTRUCTIONS TO CANDIDATES<br \/>\n<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"font-family:Bookman Old Style; font-size:12pt\"><em>Answer <strong>five<\/strong> questions<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:12pt\"><em>Section <strong>A<\/strong> is compulsory. Answers to this section should be concise.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:12pt\"><em>Answer any four questions from section <strong>B<\/strong>.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:12pt\"><em>All questions in section <strong>B<\/strong> carry equal marks.<br \/>\n<\/em><\/span><\/li>\n<li><span style=\"font-family:Bookman Old Style; font-size:12pt\"><em>Any extra question(s) attempted will not be marked.<br \/>\n<\/em><\/span><\/li>\n<\/ul>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>SECTION A (20marks)<br \/>\n<\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">1. a) i)Distinguish between reserve price and shadow price.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2marks)<strong><br \/>\n\t\t\t<\/strong><\/span><\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\">ii) Mention any two determinants of reserve price in Uganda \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2marks)<br \/>\n<\/span><\/p>\n<p>\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) i) Define vertical labour mobility.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(1mark)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">ii) Mention any three barriers to occupational mobility of labour in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\">c) i) Distinguish between liquidity preference and liquidity ratio.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2mks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">ii) Give any two causes of the high liquidity preference in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">(d) i) Define the term Fiscal policy.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(1 mark)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">ii) Mention any three instruments of Fiscal policy in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(3 marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">e) i) Distinguish between a sectoral plan and a comprehensive plan.\u00a0\u00a0\u00a0\u00a0(2 marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">ii) State any two obstacles to effective implementation of economic development plans in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2 marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p>\n\u00a0<\/p>\n<p style=\"text-align: center; margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\"><strong>SECTION B: (80 marks)<br \/>\n<\/strong><\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">2. a) Distinguish between increase in supply and increase in quantity supplied of a commodity.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Explain the factors that may cause an increase in the supply of a commodity in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(16marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\">3. a) Why is there need to promote resource utilization in Uganda?\u00a0\u00a0\u00a0\u00a0(10marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Discuss the factors limiting resource utilization in Uganda.\u00a0\u00a0\u00a0\u00a0(10marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p><span style=\"font-family:Bookman Old Style; font-size:12pt\">4. a) Distinguish between absolute poverty and relative poverty.\u00a0\u00a0\u00a0\u00a0(4marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Explain the factors that influence income distribution in Uganda.<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(16marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">5. a) Identify the features of the private sector in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(6marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Explain the measures being taken to promote the growth of the private sector in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(14marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">6. a) State the Big Push theory of economic growth.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(2marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Examine the effects of economic growth in Uganda.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(18marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\">\n\u00a0<\/p>\n<p style=\"margin-left: 36pt\"><span style=\"font-family:Bookman Old Style; font-size:12pt\">7. a) Describe the structure of Uganda&#8217;s population.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(8marks)<br \/>\n<\/span><\/p>\n<p style=\"margin-left: 36pt\"><img decoding=\"async\" src=\"http:\/\/localhost\/solvefor2\/assets\/images\/kev3\/042122_1355_UACEECONOMI1.png\" alt=\"\"\/><span style=\"font-family:Bookman Old Style; font-size:12pt\">b) Assess the economic implications of the structure of Uganda&#8217;s population.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(12marks)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>P220\/2 ECONOMICS Paper 2 Nov 2020 3 hours ST. MARYS&#8217; KITENDE Uganda Advanced Certificate of Education RESOURCEFUL MOCK EXAMINATIONS 2020<\/p>\n","protected":false},"author":1,"featured_media":324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1],"tags":[],"class_list":["post-56","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UACE ECONOMICS PAPER 2 MOCK EXAMINATIONS ST. 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