Question # 1

A market with few entry barriers and with many firms that sell different product is:

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Purely competitive

A monopoly

Monopolistically competitive

Oligopolistic

Ageism term coined by:

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H.C. Armstrong

Pearl S.Buck

James Frazer

Robert N.Butler

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

Who among the following tried to establish co-r3lation between party system and electoral system:

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H,J,Laski

M,Duverger

H,M Finer

Lord Bryce

Friedman's theory of consumption focuses on:

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Past income

Current income

Disposable income

Permanent income

Which of the following is a flight control system?

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Flying wing

Fly-by-wire

Flight box shunt

Inrush neutral inflight impulse

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

Who among the following is an acclamied analyst of political parties?

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Lasswell

Laski

Huntington

Duverger

The four factor payment are:

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Money, capital, salaries, and income

Wages, rent, interest, and profits

Money, power, prestige, and wealth

Wages, interest, salaries, and income

The term 'Animal Spirit' was used by Keynes for?

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Consumption

Investment

Income

Interest

When was Bank of Central African States formed?

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1974

1978

1973

1979

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