[{"id":99453,"question":"This is an assumption of law of demand","choices":[{"text":"price of the commodity does not change","value":"A"},{"text":"quantity should not change","value":"B"},{"text":"supply should not change","value":"C"},{"text":"income of consumer should not change","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":99452,"question":"Law of demand shows relation between","choices":[{"text":"income and price of commodity","value":"A"},{"text":"price and quantity of a commodity","value":"B"},{"text":"income and quantity demanded","value":"C"},{"text":"quantity demanded and quantity supplied","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99451,"question":"Normally a demand curve will have the shape","choices":[{"text":"horizontal","value":"A"},{"text":"vertical","value":"B"},{"text":"downward sloping","value":"C"},{"text":"upward sloping","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":99450,"question":"How many kinds of data?","choices":[{"text":"2","value":"A"},{"text":"3","value":"B"},{"text":"4","value":"C"},{"text":"5","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99449,"question":"The relationship between two variables that move in the same direction is called","choices":[{"text":"neutral","value":"A"},{"text":"positive","value":"B"},{"text":"independent","value":"C"},{"text":"dependent","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99448,"question":"if X and Y scales are the same a line making 45-degree angle with X-axis has slope","choices":[{"text":"1/4","value":"A"},{"text":"1/2","value":"B"},{"text":"1","value":"C"},{"text":"constant","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":99447,"question":"This is a tool in economic studies","choices":[{"text":"market","value":"A"},{"text":"price","value":"B"},{"text":"firm","value":"C"},{"text":"functional relation","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":99446,"question":"To measure changes in purchasing power of money, we use","choices":[{"text":"percentages","value":"A"},{"text":"index numbers","value":"B"},{"text":"averages","value":"C"},{"text":"variables","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99445,"question":"When the classify data on the basis of income there will be","choices":[{"text":"class intervals","value":"A"},{"text":"class numbers","value":"B"},{"text":"groups","value":"C"},{"text":"sections","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99444,"question":"To show data in tables, we must first","choices":[{"text":"reduce data","value":"A"},{"text":"expand data","value":"B"},{"text":"classify data","value":"C"},{"text":"all of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":99443,"question":"If we plot the equation y = 20 +3x, its slope is","choices":[{"text":"20","value":"A"},{"text":"3","value":"B"},{"text":"20/3","value":"C"},{"text":"Indeterminate","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99442,"question":"3x<sup>2</sup>=0 is an equation","choices":[{"text":"linear","value":"A"},{"text":"quadratic","value":"B"},{"text":"general","value":"C"},{"text":"first degree","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99441,"question":"Which is the general form of quadratic equation","choices":[{"text":"x<sup>2</sup>-x-20 = 0","value":"A"},{"text":"ax<sup>2</sup>+bx +c = 0","value":"B"},{"text":"x<sup>2</sup>- x -c =0","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99440,"question":"A statement of how one variable affects other variable is","choices":[{"text":"a quadrant","value":"A"},{"text":"a variable","value":"B"},{"text":"an assumption","value":"C"},{"text":"a functional relationship","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":99439,"question":"How many kinds of equations?","choices":[{"text":"4","value":"A"},{"text":"3","value":"B"},{"text":"2","value":"C"},{"text":"5","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99438,"question":"How many Kinds of variables?","choices":[{"text":"There are many kinds of variables","value":"A"},{"text":"There are 2 kinds of variables","value":"B"},{"text":"There are 3 kinds of variables","value":"C"},{"text":"There are 4 kinds of variables","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99437,"question":"In mathematics which letters at the end of alphabet are used to represent variables","choices":[{"text":"(u,v,w,x,y,z)","value":"A"},{"text":"(a,b.c.d.e.f.g)","value":"B"},{"text":"(a.b.c.u.v.w)","value":"C"},{"text":"((x,y,z,a,b,c)","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99436,"question":"A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of","choices":[{"text":"Prof. Kooros","value":"A"},{"text":"Prof. Marshall","value":"B"},{"text":"Prof. Rabbins","value":"C"},{"text":"Prof. Kneez","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99435,"question":"If a consumer moves upward along an indifference curve, his total utility","choices":[{"text":"falls to zero","value":"A"},{"text":"does not change","value":"B"},{"text":"increases","value":"C"},{"text":"decreases","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99434,"question":"If a person consumes goods X and Y maximises total utility, then MU per rupee from the two goods must be","choices":[{"text":"equal","value":"A"},{"text":"unequal","value":"B"},{"text":"increasing","value":"C"},{"text":"decreasing","value":"D"},{"value":"E"}],"correctAnswer":1}]