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Terminology Online Test MCQs With Answers
Question # 1
When total revenue is increasing:
Choose an answer
Marginal revenue may be either positive or negative
The demand curve is relatively inelastic
marginal revenue is positive
marginal Revenue is negative
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Question # 2
The requirement that people select mates outside certain groups:
Choose an answer
Exogamy
Ethnography
Endogamy
Incest taboo
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Question # 3
Which term refers to an awareness to the relationship between the individual and his or her wider society?
Choose an answer
Sociology
Sociological imagination
Social justice
Social interpretation
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Question # 4
Investment depends mainly on:
Choose an answer
Past levels of income
Futures expected profits
Present National Income levels
Historic data
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Question # 5
Whose opinions have revolutionized the scope of macro economics?
Choose an answer
Adam Smith
J.B Say
J,M Keynes
All of the above
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Question # 6
GRE Stand for:
Choose an answer
General Record Examination
Graduate record Examination
Graduate Reading Examination
Graduate Record Entry
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Question # 7
A brief story in prose or verse that teaches a moral or gives a pract6ical lesson about how to get along in life is called a:
Choose an answer
Myth
Dram
Folk tale
Fable
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Question # 8
What does the term 'Bear hall putsch' refer to?
Choose an answer
A riot during the 1969 Munich Beer fest
Adolf Hitler's attempt to size power in Bavaria
Paul von Hindenburg's siezure ofo power of the Weimar Republic
Ranee of payaso's march on Cuzcatlan
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Question # 9
Which of the following country has left the membership of OPEC?
Choose an answer
Indonesia
Iraq
U.A.E
Angola
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Question # 10
Where is he headquarters of the world federation of Trade union:
Choose an answer
Czech Republic
Russia
U.K.
U.S.A
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Question # 11
If the economy grows the government's budget position will automatically:
Choose an answer
Worsen
Improve
Stay the same
Increase with inflation
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