Question # 1

In the short term a firm will firms produce provided the revenue:

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Covers fixed costs

Covers variable costs

Covers total costs

Covers revenue

What minimum price is acceptable by a firm in the short-period?

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Equal to AC

Equal to AVC

Equal to AFC

Equal to TC

An increase in national income is:

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Likely to increase exports

Likely to decrease savings

Likely to decrease investment

Likely to increase spending on imports

What does the term 'Bear hall putsch' refer to?

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A riot during the 1969 Munich Beer fest

Adolf Hitler's attempt to size power in Bavaria

Paul von Hindenburg's siezure ofo power of the Weimar Republic

Ranee of payaso's march on Cuzcatlan

A constitutional government stands for:

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a limited government

a government run according to the provisions of the constitution

a government run according to the wishes of the rulers

a government run according to the wishes of the party bosses

What does SOP stand for:

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Special Operating Procedure

Special Operation Procedure

Standard Operating plan

simple operating Plan

POTA stand for:

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Prohibition of Terrorist Act

Prevention of Terrorist Act

Prevention of Territorial Act

Prevention of Terrorist Agency

Which of the following is not an item of transfer payment?

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Pension

Scholarship

Dividend

Subsidy

ICMB stands for:

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Internal Continental ballistic Missile

Inter Country Ballistic Missile

Inter-Continental Ballistic Missile

Inter-Continental Ballistic Market

The asset demand for money:

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Is unrelated to both the interest rate and the level of GDP

Varies inversely with the rate of interest

Varies inversely with the level of real GDP

Varies directly with the level of nominal GDP

SSI is an abbreviation for which of the following?

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Supplement Security Income

Standard Supplement Income

Social Security investigation

Secret Service Investigation

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