Question # 1

Which of the following is not a direct tax?

Choose an answer

Income tax

Property tax

Sales tax

House tax

What does the term 'Beer Hall Putsch' refer to?

Choose an answer

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

Monopoly is when there is a single:

Choose an answer

Seller

Market

Buyer

Game

Who wrote ''An inquiry into the Nature and Causes of the Wealth of National''?

Choose an answer

Lionel Robbins

Adam Smith

Paul Samuelson

Enrico Barone

Who has said that a welfare state is'' a state that provides for its citizens a wide range of social services''?

Choose an answer

G,D,H Cole

H, J, Laski

Abraham

T,W,Kent

If the economy grows the government's budget position will automatically:

Choose an answer

Worsen

Improve

Stay the same

Increase with inflation

An increase in national income is:

Choose an answer

Likely to increase exports

Likely to decrease savings

Likely to decrease investment

Likely to increase spending on imports

Where is the headquarters of World Trade Organization?

Choose an answer

New Delhi

New York

Geneva

None of the above

When did the Euro banknotes and coins start to circulated:

Choose an answer

January 1,2002

December 1,2001

July 1, 2002

January 1, 2003

According to the utility model of consumer demand the law of diminishing marginal utility indicates that the demand curve is:

Choose an answer

Downward sloping

U-shaped

Upward sloping

Vertical

If the price in a market is fixed by the government below equilibrium:

Choose an answer

There is excess equilibrium

There is excess supply

There is excess demand

There is equilibrium

More Classes

Other Links

Terminology Online Test MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer