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Terminology Online Test MCQs With Answers
Question # 1
Which of hr following can the government not use directly to control the economy:
Choose an answer
Pay rates within the private sector
Pay rates in the pubic sector
Investment in education
Benefits available for the unemployed and sick
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Question # 2
If you were being treated extremely well by someone and they made you fell really special, It is said that you are getting the _____ treatment?
Choose an answer
PIP
VIP
PPI
XSP
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Question # 3
Which of the following country has left the membership of OPEC?
Choose an answer
Indonesia
Iraq
U.A.E
Angola
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Question # 4
The measure of the degree of association between the values of two random variables is called?
Choose an answer
Correlation
Association
Regression
Co-variance
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Question # 5
What is the single most important factor that makes the markets works?
Choose an answer
Money
Alan Greenspan
Markets don't works
Greed
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Question # 6
What is termed to order an accused person to be kept in custody or placed on ball pending further court appearance?
Choose an answer
Remand
Custody
Arrest
Prosecuting
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Question # 7
Where is the headquarters of International Bank for Reconstruction and development?
Choose an answer
New York
Washington
Texas
All the above
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Question # 8
Economic growth can be measured by:
Choose an answer
The CPI
The CBI
GDP
MPC
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Question # 9
The effects of inflation on the price competitiveness of a country products may be offers by:
Choose an answer
An appreciation of the currency
A revaluation of the currency
A depreciation of the currency
Lower inflation abroad
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Question # 10
Marshall's representative firm is a long-run average firm while optimum firm is a:
Choose an answer
Maximum cost firm
Minimum cost firm
Marginal cost firm
Average cost firm
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Question # 11
The theory of Natural Rights holds that:
Choose an answer
Right are a divine creation
Right came form pre-civil society
Right were granted by the king
Right6s are granted by the Constitution
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