Question # 1

The concept of disinvestment was introduced by:

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Friedman

Kaldor

Keynes

Myrdal

When total revenue is increasing:

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Marginal revenue may be either positive or negative

The demand curve is relatively inelastic

marginal revenue is positive

marginal Revenue is negative

NTC is the abbreviation of which organization;

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National Tobacco company

National Tea company

National Tea corporation

National Textile corporation

ESPN stand for:

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Entertainment sports network

entertainment sports programming News Paper

Entertainment sports Programming Network

None of the above

Who is the exponent of realist theory?

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Mortan Kaplan

Hans Morgenthau

Martin Shubik

John Burton

The asset demand for money:

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Is unrelated to both the interest rate and the level of GDP

Varies inversely with the rate of interest

Varies inversely with the level of real GDP

Varies directly with the level of nominal GDP

The extent to which persons or organizations are better off at the end of a period than they were at the beginning?

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Profit

Inventory

Good

Fringe benefits

If correlation coefficient is equal to zero, then variables will be?

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Associated

Correlated

Independent

Dependent

The resources in the economy do not include:

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Demand

Land

Labour

Capital

When you consume more and more of a commodity continuously, your total satisfaction level will?

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Decrease

Fluctuate

Remain

Increase

What is necessary to control cost push inflation?

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To impose control on wages of labour

To remove market imperfections

Both of the above

None of the above

Which one of he following ideologies considers political party as a vanguard of the social class?

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Idealism

Individualism

Fabianism

Marxism

What is the full of the NASA:

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National Aeronautics and space administration

Natural Aeronautics and space administration

natural Administration and space administration

Natural administration and space agency

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