Question # 1

The liquidity trap occurs when the demand for money:

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Is perfectly interest elastic

Is perfectly interest inelastic

Means that an increase in money supply leads to a fall in the interest rate

Which of the following best expresses the law of demand:

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A high price reduces demand

A lower price reduces demand

A higher prices reduces quantity demanded

A lower prices shifts the demand curve to the right

What is the meaning of the term "The Great Schism'when referring to an event in the late 14th century?

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A dispute between the King of England and the Pope

A dispute between the king of England and his parliament

A dispute between the followers of two elected popes

A dispute between the kings of Scotland and England

Who coined the phrase ''Track Two Diplomacy''?

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Edmund Gullion

Names cable

Mr. Joseph Montville

John W, McDonald

Ina parliamentary form of government minsters are appointed by:

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The head of he state at his discretion

The head of the government

The legislature

the head of he state on the recommendation of the head of the government

What is an MMR?

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Immunization

Medical test

Airline

Device

It is true that there is no state where there is no over-ruling force, But the exercise of force does not make a state otherwise a pirate ship or the mutinous army would be a state,Who has reade this statement?

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Fredrick Angles

Robert Maciver

H, J, Laski

Max Weber

How many countries are belonged to Euro currency?

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14

17

15

18

Which of the following is an active factor of production?

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Land

Labour

Capital

Organization

Which does not belong in SPORTS?

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Releases

Slap

Touch

Pull

Opportunity cast of a factor is known as

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Transfer earning

Money cost

Present earning

None of the above

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