Question # 1

The abbreviation sometimes used after the end of a letter,P,S,stand for what?

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please keep secret

postpone

pending News

postscript

In a free market the combination of products produced will be determined by:

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Market forces of supply and demand

The goverment

The law

The Public sector

What theory explains why deflation may actually leads to an increase in GDP?

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Solow Effect

rational Expectations

Pigou effect

Adaptive Expectations

Negotiations between representatives of labor management?

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Professional association

Collective bargaining

Chamber of commerce

Unlimited life

Which of the following is an active factor of production?

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Land

Labour

Capital

Organization

FMCT stand for:

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Fossil Material cut-off Treaty

Fissile Material Cut-off Treaty

Fissile Cure-off Treaty

Fissile Material Cut-off Terms

Products that increase the usefulness or value fo other products?

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substitutes

complements

income effects

Goods

Which of these is an example of hindsight?

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Reading about the outbreak of WWII and then saying Europe should have stood up to Hitler at the Munich Conference

Thinking you have an important history exam but as there is no future in history you don't bother revising

Planning your day extremely carefully thinking about the potential outcome of each and every event

None of these

What do you do to a note when there is an inverted Von top of it?

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It doesn't mean anything The composers just wanted pictures of mountains and shark fins!

Make the cote long and vibrated

Make the tone sharp and ugly

Make lth note short and accented

To anticipate what the economy is going to do next the government will look at:

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Lagging indicators

Flashing indicators

Coincidental indicators

Leading indicators

The part of economics that deals with behavior and decision making by small units, such as individuals and firms?

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Economics

Unlimited life

Organizational chart

Microeconomics

When did World Trade Organization replace GATT?

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1 January 1995

1 January 1998

1 December 1999

1 June 2000

Feeling of loyalty and attachment to one's nation or nation-state and strong support for tits interests is known as:

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Loyalty

Nationalism

Patriotism

none of these

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