Question # 1

Economics word is derived form language of:

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Greek

French

Latin

Italian

What does 'the Civic List' man and refer to in the UK?

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Money paid by the taxpayer for the upkeep of civil rights groups

Money paid by the taxpayer for the upkeep of the unemployed

Money paid by the taxpayer for the upkeep of the Royal family

Money paid by the taxpayer to servicemen recently discharged form the armed forces

The Keynesian theory of employment provides the solution of?

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Frictional unemployment

Disguised unemployment

Cyclical unemployment

Seasonal unemployment

The basic different between the ''short run''and the ''long run'' is that:

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All cost are fixed in the short run, but all costs are variable i8n the long run

The law of diminishing returns applies in the long run, but not in the short run.

At least one resource is fixed in the short run while all resources are variable in the long run

Economies of scale may be present in the short run, but not in the long run.

Which word not belong in the military abbreviation NBC?

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Nuclear

Chemical

Biological

Clinical

Passive factor of production is:

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Only land

Only capital

Both land and capital

Neither land nor capital

What is a grace note?

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A long played after a beat

A note that switches form 2 tones rapidly and rapidly and repeatively

A form of notation that some composers writer in

A usually short note, that is written smaller than normal and is mostly played before a beat

The tendency to assume that one;s culture and way of life represent the norm or are superior to all others:

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Incest taboo

Endogamy

Ethnocentrism

Dependency

Who among the following was the first to propound the Pluralistic Theory of Sovereignty?

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H.J.Laski

Jean Bodin

Otto Von Gierke

Maclver

Where could you most likely have seen the letters TWA?

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Army base

Church

Airport

Gift store

A voluntary association of people formed to carry on some kind of economic activity that will benefit its members?

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Revenues

Cooperative

Horizontal merger

Labour union

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