Question # 1

Cross-price elasticity measures whether:

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Good are normal or inferior

Two goods are substitutes or complements

Demand is elastic or inelastic

Supply is steeper than demand or vice versa

To reduce the supply of money the government could:

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Reduce interest rates

Buy back government bonds

Sell government bonds

Encourage banks to lend

If you were being treated extremely well by someone and they made you fell really special, It is said that you are getting the _____ treatment?

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PIP

^VIP

PPI

XSP

Who introduced the concept of 'Permanent Income Hypothesis'?

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Irving Fisher

Adam smith

Milton Friedman

Franco

In the medical field and Psychology the abbreviation ADD stand for what?

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Adrenal Glandular Dysfunction

Atrium Deficit disorder

Arterial Distal Disorder

Attention Deficit Disorder

Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:

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Causal logic

Charismatic authority

Cohabitation

Closed system

When stock market is falling is called

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Bearish

Bullish

Anti Dumping

Dumping

In times if slowdown of the economy, the fiscal policy influences aggregate demand through:

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Discretionary element

Non-discretionary element

Lowering of tax rates

All of the above

Less Developed Countries tend to have:

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A high average age

A slow population growth rate

High life expectancy

A low literacy rate

What is a 'buttock line'?

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A row of locking gimbals

The location at which cockpit seats are located

An imaginary vertical line that separates the right and left side of an aircraft

The alignment of landing gear wheels installed on an aircraft

where is the headquarters of Islamic Development Bank?

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Saudi Arabia

Sweden

Switzerland

None of the above

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