Question # 1

Menu costs in relation to inflation refer to:

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Costs of finding better raters of return

Cost of altering price lists

Costs of money increasing its value

Costs of revaluing the currency

In pure capitalism the role of government is best described as:

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Significant

Extensive

Nonexistent

Limited

BYOB stand for:

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Bring your own Bottle

bring your own body

body your own bottle

bone of the above

When the stock market is rising is called

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Bearish

Bullish

Anti Dumping

Dumping

A pressure works for the Welfare of:

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Weaker sections of the society

All section of the society

Its members only

government employees

When internal economics of scale occur:

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Total costs fall

Marginal costs increase

Average costs fall

Revenue falls

In a less Developed Country:

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The Infrastructure is likely to be good

Real wages are likely to be high

Unemployment is likely to be low

The primary sector is likely to be significant

Which country is the largest wheat producing country of the world?

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India

China

America

Switzerland

What is the full form of IAEA?

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International Atomic Energy Association

Indian Atomic Energy Agency

International Atomic Energy agency

International Atomic Ene3rfy Agency

Who among the following opines that public service and not sovereignty is the essential characteristic of he State?

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Otto Von Gierke

Leon Duguit

Emest Barker

A, D, Lindsay

Who introduced the concept of 'Permanent Income Hypothesis'?

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Irving Fisher

Adam smith

Milton Friedman

Franco

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