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Terminology Online Test MCQs With Answers
Question # 1
Net investment is
Choose an answer
Gross investment minus household investment
Gross investment minus govt.investment
Gross investment minus capital consumption allowance
None of the above
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Question # 2
According to Marshall, the basis to consumer surplus is:
Choose an answer
Law of diminishing marginal utility
Law of equimarginal utility
Law of proportions
All of the above
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Question # 3
Which term is used for economies work best without of rules and regulations form the government''?
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Leissez-faire
subsidies
Interdependence
None of theses
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Question # 4
What is a Cadenza?
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A note that is held for an amount of time that is up to the conductor
A tempo that is faster than moderato, but slower then allegretto
Another name for an accidental
an extended solo that is usually sped up or slowed down at the performers will
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Question # 5
"Never has any one ruled on earth by basing his rule essentially other than the public opinion"Who has made this statement:
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Jose Ortegag Gassel
J,S,Mill
Lord Bryce
Morris Ginsberg
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Question # 6
A system in which private citizens own the factors of production:
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Traditionalism
Communism
Capitalism
Profit
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Question # 7
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?
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PIP
VIP
PPI
XSP
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Question # 8
Open Market Operations occur when the government:
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Reduces the interest rate
Buys and sells bonds and securities
Increases taxation
Increases the exchange rate
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Question # 9
In comparison to revenue deficit; the size of fiscal deficit is always
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Higher
Smaller
Similar
Uncertain
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Question # 10
Who introduced the concept of 'Permanent Income Hypothesis'?
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Irving Fisher
Adam smith
Milton Friedman
Franco
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Question # 11
What does the term 'Beer Hall Putsch' refer to?
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A riot during the 1969 Munich Beer fest
Adolf Hitler's attempt to seize power in Bavaria
Paul von Hindenburg' siezure of Power of the Weimar republic
Renee el Payaso's march on Cuzcatlan
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