Question # 1

Reducing inflation is a more important objective than economic growth is an example of:

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Normative economics

Positive economics

Objective economics

Reality economics

If the minimum wage is set above the equilibrium wage rate then other things unchanged:

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There will be equilibrium in the labour market

There will excess demand in the labour

There will be excess supply in the labour market

More people will be employed

A pressure works for the Welfare of:

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Weaker sections of the society

All section of the society

Its members only

government employees

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

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Kelsen

Willoughby

Oppenheim

Bentham

The communist manifesto was first published in which language?

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English

French

German

Russian

What is meant by the term the Grey shirts movement?

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Belgian Neo-Nazis

An American right-Wing movement

Italian Liberal Movement

South African Nationalists

Who coined the Modern meaning of the term ''public diplomacy'' in 1965?

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Edmund Gullion

James cable

Mr,Joseph Montville

David Hoffman

Which os the main reason of demand pull inflation?

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Increase in money supply

Increase in comercial expenditure

Increase in foreign demand for goods

All of the above

How many countries are belonged to Euro currency?

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14

17

15

18

Incommon meaning inflation is a condition in which-

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Price of commodity increases

Value of money decreases

Price of commodity and value of money both increases

Price of commodity increases and value of money decreases

The best adjustment of liberty and equality can be achieved in a regime of:

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Liberalism

Socialism

Democratic Socialism

Idealism

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