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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
Who introduce the concept of multiplier first of all?
Choose an answer
Napier
Albert Enstein
Keynes
Adam Smith
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Question # 2
The term 'Ethnic' is derived form the ______ word meaning 'nation'
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Latin
Greek
Malayalee
Polynesian
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Question # 3
The charge in quantity demanded because of the change in the relative price of the product?
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Change in quantity demanded
Change in demand
Law of demad
Substitution effect
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Question # 4
Sometimes a physiclan orders a BMP ft measure the basic electrolyte levels in your blood,l What does the acronym BMP stand for?
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Basic Medication panel
Basic metabolic Panel
Bone measuring panel
Blood Measuring panel
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Question # 5
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
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Question # 6
The standard of living is often measured by:
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Real GDP per capita
Real GDP
Real GDP population
Real GDP plus depreciation
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Question # 7
Which of the following is not a direct tax?
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Income tax
Property tax
Sales tax
House tax
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Question # 8
The concept of premium applies to a person that is:
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Risk loving
Risk averse
Risk neutral
None of them
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Question # 9
Which is the main reason of demand pull inflation?
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Increase in money supply
Increase in commercial expenditure
Increase in foreign demand for goods
All of the above
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Question # 10
Who wrote ''An inquiry into the Nature and Causes of the Wealth of National''?
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Lionel Robbins
Adam Smith
Paul Samuelson
Enrico Barone
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Question # 11
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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