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Terminology Online Test MCQs With Answers
Question # 1
What is a rug?
Choose an answer
A lawn
a sleeping bag
a toupee
a lap robe
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Question # 2
Who among the following is the exponent of Game theory?
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Martin Shubik
Kari Deutsch
Palamer and parkins
joseph Frankel
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Question # 3
What is an MMR?
Choose an answer
Immunization
Medical test
Airline
Device
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Question # 4
Which of the following is not required while computing Gross National product (GNP)?
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Net foreign investment
Private investment
Per Capital income of citizens
Purchase of goods by government
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Question # 5
Who introduced the concept of 'Permanent Income Hypothesis'?
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Irving Fisher
Adam smith
Milton Friedman
Franco
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Question # 6
Who made the decision to name a single currency the Euro?
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European Commision
European Council
European Parliament
European Central Bank
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Question # 7
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 # 8
Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?
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Kelsen
Willoughby
Oppenheim
Bentham
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Question # 9
Profits is caused by-
Choose an answer
Dynamic element in the economy
Innovation
Windfall
All of the above
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Question # 10
Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:
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Causal logic
Charismatic authority
Cohabitation
Closed system
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Question # 11
Marshall's representative firm is a long-run average firm while optimum firm is a:
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Maximum cost firm
Minimum cost firm
Marginal cost firm
Average cost firm
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