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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
A theory who stresses the rule of law is:
Choose an answer
Regulative law
Totalitarianism
Liberalism
None of these
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Question # 2
What do glasnost and perestroika mean?
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Openness and economic restructuring
Isolation and Closure
War and peace
Peace and cooperation
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Question # 3
Monopoly is when there is a single:
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Seller
Market
Buyer
Game
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Question # 4
Which organization has been founded to act as permanent watchdog on the international trade:
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ISRD
ADS
WTO
DIMF
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Question # 5
According to Bushido (Way of the Warrior) which act is the ultimate test of loyalty (Japanese term )?
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harikiri
Sengoku
Kamakura
Moritomo
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Question # 6
The marginal revenue curve in monopoly:
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Equals the demand curve
Is parallel with the demand curve
Lies below and converges with the demand curve
Lies below and diverges form the demand curve
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Question # 7
When total revenue is increasing:
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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 # 8
FSBS means:
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Finger stick body sugar
Final stick blood sugar
Finger strict Blood sugar
Finger stick blood sugar
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Question # 9
earning form primary products are often us unstable because:
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Demand is price elastic
Supply is price elastic
Supply conditions are relatively stable
Supply conditions are unstable
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Question # 10
Maastricht Treaty is related to:
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Environment Protection
Europe unification
Limitation of Atomic Power
Unification of East and West Germany
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Question # 11
What does the Latin word 'chronos' mean?
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Circle
Old
Time
Distance
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