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Online Tests
Terminology Online Test MCQs With Answers
Question # 1
What is a kiwi?
Choose an answer
A dinner roll
A piece of fruit
A person from New Zealand
a bird that nests in the treetops
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Question # 2
In a cartel member firm may be given be given a fixed amount to produce. This is called a:
Choose an answer
Limit
Factor
Quota
Quotient
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Question # 3
If the economy grows the government's budget position will automatically:
Choose an answer
Worsen
Improve
Stay the same
Increase with inflation
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Question # 4
Carne Ross former British diplomat is related:
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Freelance Diplomacy
Track II diplomacy
Shuttle diplomacy
Track I diplomacy
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Question # 5
The pong diplomacy refers to the exchange of table tennis (ping-pong)players between which two countries in the early 1970:
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United States and China
United states and South Korea
United states and North Korea
China and South Korea
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Question # 6
Which theory holds that the right o the personality is the most important right o the man''?
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The Theory of natural Rights
The Legal Theory of Rights
The Historical Theory of Rights
The Idealistic theory of Rights
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Question # 7
When an economy first begins to grow more slowly:
Choose an answer
GDP increases
Inflation is like to increase
Stock levels are likely to increase
Investment in equipment is likely to increase
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Question # 8
The basic different between the ''short run''and the ''long run'' is that:
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All cost are fixed in the short run, but all costs are variable i8n the long run
The law of diminishing returns applies in the long run, but not in the short run.
At least one resource is fixed in the short run while all resources are variable in the long run
Economies of scale may be present in the short run, but not in the long run.
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Question # 9
What does the term''contingency workforce'' mean?
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Employees who work on whatever tasks are most essential at that moment
Employees who are expected to travel a great deal for their employers
Temporary employees who are hired for only as long as they needed
None of these
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Question # 10
Who among the following talked of Political decay?
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Huntington
David Apter
Organski
Lucian Pye
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Question # 11
Court granted permission to not pay some or all of its debts which force it out of business?
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Bond
Bankruptcy
Principal
Interest
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