Question # 1

The military abbreviation APO stands for what?

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Army Post Office

Army Private Office

Air Force Public Officer

To anticipate what the economy is going to do next the government will look at:

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Lagging indicators

Flashing indicators

Coincidental indicators

Leading indicators

In monopoly when abnormal profits are made:

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The price set is greater than the marginal cost

The price is less than the average cost

The average revenue equals the marginal cost

Revenue equals total cost

The free market involves:

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The free provision of products

The subsidising of products by the government

Market forces of supply and demand

All trad via barter

Increase in fixed asset due to purchase is

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Source of fund

Fund from operation

Use of fund

None of the above

A rise in the general level of prices is called

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A very bad thing

Raise

Inflation

Payroll

The ideal of 'positive liberty' was first conceived by:

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Aristotle

Hegel

Green

Laski

Who among the following formuated the most system doctrine of sovereignty?

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Gourtius

bodin

Austlin

Locke

Fir stand for:

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First information Report

Final information Report

Fundamental information Report

Final information Record

When did World Trade Organization replace GATT?

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1 January 1995

1 January 1998

1 December 1999

1 June 2000

What is termed to order an accused person to be kept in custody or placed on ball pending further court appearance?

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Remand

Custody

Arrest

Prosecuting

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