Question # 1

A rise in the general level of prices is called

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A very bad thing

Raise

Inflation

Payroll

The primary use to the kinked-demand curve is to explain price rigidity in:

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Oligopoly

Monopoly

Perfect competition

Monopolistic competition

The reserves of a commercial bank consist of:

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The amount of money market funds it holds.

Deposits at the Federal Reserve Bank and vault cash

Government bonds which the bank holds

The bank's net worth.

This is known as the uncertainty or anxiety the reader feels about what will happen next in a story.

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Suspense

Theme

Symbol

Motivation

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

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India

China

America

Switzerland

Crick diplomacy consists of using the game of cricket as a political tool to enhance or worsent the diplomatic relations between two Cricket playing nations,Term was first used in 1987 during the match between?

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Indian and Pakistan

Sri Lanka and Pakistan

Bangladesh and Pakistan

Indian and Bangladesh

A form of government in which minority rules outside the law is:

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Oligarchy

Tyranny

Aristocracy

Democracy

Monopoly is when there is a single:

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Seller

Market

Buyer

Game

The BEU is an economic union,What does it stand for:

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Belgian Economic Union

British Economic Union

Benelux Economic Union

Bombay Economic Union

The situation with increasing unemployment and inflation is termed as:

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Hyperinflation

Reflection

Stagflation

Galloping

Who defined "Economics is the Science of Wealth"?

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J.K Mehta

Marshall

Adam Smith

Robbins

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