Question # 1

Who determines price under perfect competition?

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Representative firm

Industry

Normal firm

Government

The effects of inflation on the price competitiveness of a country products may be offers by:

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An appreciation of the currency

A revaluation of the currency

A depreciation of the currency

Lower inflation abroad

The Keynesian theory of employment provides the solution of?

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Frictional unemployment

Disguised unemployment

Cyclical unemployment

Seasonal unemployment

From when did the Euro become a legal tender?

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1 December 1999

1 January 2000

1 January 2001

1 January 2002

Globalization is likely to increase with:

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More protectionism

An increase in tariffs

More trade within countries

Greater trade flows between countries

Marx borrowed Dialectical Method form:

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Locke

Rousseau

Hegal

Green

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

where is the headquarters of Islamic Development Bank?

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Saudi Arabia

Sweden

Switzerland

None of the above

The term Cowboy diplomacy was first used in 1902 by:

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Jackie Lawlor

Edmund Gullion

James Cable

David Hoffman

The allocation of scarce resources and nearly all other economic activity stams form ritual habit or custom:

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Mixed economy

Capitalism

Traditional economy

communism

Which term refers to an awareness to the relationship between the individual and his or her wider society?

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Sociology

Sociological imagination

Social justice

_{Social interpretation}

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