Question # 1

The Constitutional Government Means:

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Government based on the rule of the law

A Democratic Government

All these

Which of the following is not involved with fiscal policy?

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Income tax

VAT

National insurance

Interest rates

The prices elasticity of demand coefficient indicates:

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Buyer responsiveness to price changes

The extent to which a demand curve shifts as incomes changes

The slope of he demand curve

How far business executive can stretch their fixed costs

'From each according to his ability, to each according to his need' is the theoretical slogan of which system?

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Communist system

Capitalist system

Fascist system

None of these

Who said ''Man is born free but every where he is in chains?

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Hobbes

Locke

Rousseau

Marx

Negotiations between representatives of labor management?

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Professional association

Collective bargaining

Chamber of commerce

Unlimited life

Maastricht Treaty is related to:

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Environment Protection

Europe unification

Limitation of Atomic Power

Unification of East and West Germany

Who introduce the concept of multiplier first of all?

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Napier

Albert Enstein

Keynes

Adam Smith

Karl Marx's used which term for the capitalist class, comprising the owners of the means of production:

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Causal logic

Bourgeoisie

Cohabitation

Class system

What is the full form of IAEA?

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International Atomic Energy Association

Indian Atomic Energy Agency

International Atomic Energy agency

International Atomic Ene3rfy Agency

Where could you most likely have seen the letters TWA?

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Army base

Church

Airport

Gift store

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