Question # 1

What is a rug?

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A lawn

a sleeping bag

a toupee

a lap robe

Who among the following is the exponent of Game theory?

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Martin Shubik

Kari Deutsch

Palamer and parkins

joseph Frankel

What is an MMR?

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Immunization

Medical test

Airline

Device

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

Who introduced the concept of 'Permanent Income Hypothesis'?

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Irving Fisher

Adam smith

Milton Friedman

Franco

Who made the decision to name a single currency the Euro?

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European Commision

European Council

European Parliament

European Central Bank

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

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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

Who Defined sovereignty as the supreme authority which is independent of any other earthly authority?

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Kelsen

Willoughby

Oppenheim

Bentham

Profits is caused by-

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Dynamic element in the economy

Innovation

Windfall

All of the above

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

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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