Question # 1

Under normal circumstances, when the price of a commodity falls. the quantity demanded will:

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Decrease

Increase

Remain unchanged

Nobody knows

If the cross price elasticity of demand between two goods X and Y is positive it means that goods are:

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Independent

Complements

Substitutes

Inferior

Where might you purchase an SUV?

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flower garden

Department store

car dealership

farmers market

The maximum price that a consumer is willing to pay for a good is called:

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The reservation price

The market price

The first degree price

The block price

If interest payment is deducted from the fiscal deficit,then the balance is-

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Primary deficit

Budgetary deficit

Revenue deficit

Monetary deficit

Which sociologist coined the term sociological imagination?

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C.Wright mills

max Weber

James Frazer

Emile Durkheim

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}

Carne Ross former British diplomat is related:

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Freelance Diplomacy

Track II diplomacy

Shuttle diplomacy

Track I diplomacy

Demand for Primary products is likely to be:

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Very sensitive to price

Price elastic

Unit elastic

Income inelastic

What is the full form of the RADAR?

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Rays Detecting and Ranging

Radio Detecting and Ranging

Radiio0n Deceading and ranging

Radio Detecting and Roaring

Which one of he following is not a natural element of power?

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Political parties

Resources

Population

Geography

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