Question # 1

Marginal utility is equal to average utility at that time when average utility is:

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Increasing

Maximum

Falling

Minimum

Who among the following has maintained that the modern liberal democratic state has become an industrial state:

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Galbraith

MacPherson

Keynes

Roosevelt

A shift in aggregate supply is likely to:

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Reduce the general price level and reduce and national income

Reduce the general price and level and increase national income

Increase the general price level and reduces national income

Increase the general price level and increase the national income

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

Who defined "Economics is the Science of Wealth"?

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J.K Mehta

Marshall

Adam Smith

Robbins

Under normal circumstances, when the price of a commodity falls. the quantity demanded will:

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Decrease

Increase

Remain unchanged

Nobody knows

FSBS means:

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Finger stick body sugar

Final stick blood sugar

Finger strict Blood sugar

Finger stick blood sugar

What is the full form of the RADAR?

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Rays Detecting and Ranging

Radio Detecting and Ranging

Radiio0n Deceading and ranging

Radio Detecting and Roaring

When you consume more and more of a commodity continuously, your total satisfaction level will?

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Decrease

Fluctuate

Remain

Increase

If you wanted to join a group at your local high school and learn about farming plants what group would you join?

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FHA

FFA

GPA

NRA

Who developed the innovation theory of profit?

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Shumpeter

Haley

Prof,Knight

Karl Marx

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