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Terminology Online Test MCQs With Answers
Question # 1
Menu costs in relation to inflation refer to:
Choose an answer
Costs of finding better raters of return
Cost of altering price lists
Costs of money increasing its value
Costs of revaluing the currency
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Question # 2
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
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Question # 3
What does the Latin word 'chronos' mean?
Choose an answer
Circle
Old
Time
Distance
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Question # 4
A fall in interest rates is likely to:
Choose an answer
Increase aggregate demand
Increase savings
Decrease consumption
Decrease exports
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Question # 5
According to Bushido (Way of the Warrior) which act is the ultimate test of loyalty (Japanese term )?
Choose an answer
harikiri
Sengoku
Kamakura
Moritomo
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Question # 6
Headquarter of Asian Development Bank (ADV) is located at?
Choose an answer
Manila
Tokyo
Bangkok
New Delhi
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Question # 7
Which of the following is not an indirect tax?
Choose an answer
Land revenue
Customs duties
Entertainment tax
Sales tax
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Question # 8
Which of the following is an economic activity?
Choose an answer
Teaching of a teacher in the school
To teach son at home
To serve her child by mother
To play football by a student
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Question # 9
A rise in the general level of prices is called
Choose an answer
A very bad thing
Raise
Inflation
Payroll
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Question # 10
Economic development is measured on the basis of
Choose an answer
Increase in nominal GNP
Increase in real GNP
Increase in personal incomes
Increase in government revenue
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Question # 11
Which of term means the same distance form something?
Choose an answer
Equilateral
Proportional
Equiangular
Equidistant
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