Question # 1

Scientific social survey and Research is written by

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Best John

Emory

Bedrove school

P.V. Young

Economic growth may depend upon __________ and_________

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Population size , x -efficiency

Population age distribution, education

Population growth, education

Population growth, technical progress

The organization that currently establishes rules of conduct for firms engaging in international trade is the.

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World Bank

International Trade commission

Department of Justice

World Trade Organization

The point at which the graph cuts the x axis is called.

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x- intercept

y - intercept

slope

None of these

Anti dumping duties applied to imported goods.

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Are abolished by the world Trade Organization

Result in decreases in consumer surplus for domestic households

Are imposed by industrial countries but not developing countries.

Result in lower priced goods for domestic consumers

The first five year plan 1955-60 was prepared by the board and was released in.

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1956

1957

1958

None of the above

There are ______ methods of measuring GDP

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Three

Four

Five

None

The values are represented by identical symbol or picture's

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Bar charts

Pictograms

Circle charts

graphs

The main cause of cyclical unemployment is that.

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Firms engage in race gender and sex discrimination in their hiring practices.

Some induvial do not have marketable job skills.

the level of overall economic activity fluctuates

Workers offer voluntarily quit a job to look for a better job.

If A is a square matrix of order ' n' and lis the unit matrix of the same order then A 1 is equal to.

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A

1A

1

Both a and b

A competitive firms demand curve is.

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Horizontal

Vertical

Down ward sloping

Fairly elastic

A supply curve that starts at the origin has

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A price elasticity of supply greater than one

A price elasticity of supply equal to one

A price elasticity of supply less than one

A positive price elasticity of supply

The law of inertia of large numbers means.

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Opposite of the law od statistical regularity.

Same to the law of statistical Regularity

Sample in large numbers create big variations in results.

opposite to the mathematical theory of probability

When the population is badly affected, which type of sampling is appropriate.

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Systematic sampling

Stratified sampling

Cluster sampling

None of the above

The relation ship between the exchange rate and the prices of tradable goods is known as the.

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Purchasing power parity theory

Asset markets theory

Monetary theory

Balance of payments theory

Ibn-e Khaldun discussed in detail the principles of.

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Taxation

Terms of trade

Term of rent

Duties of ruler

A temporary adverse productivity shock would.

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Shift the labor supply curve upward

Decrease the level of employment

Decrease future income

Decrease the expected future marginal product of capital

Nominal GNP measures income

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At the present time

Corrected for tax changes

Corrected for changes in interest rates

At current prices

Why might a country resist globalization.

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Greater choice of final products

Greater choice of supplies

Greater competition for domestic firms

More markets to sell to

To reduce cyclical unemployment the government might.

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Increase the budget surplus

Increase the balance of payments deficit

Reduce interest rates

Reduce government expenditure

The price elasticity of demand will increase with the length of the period to which the demand curve pertains because.

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Consumers incomes will increase

The demand curve will shift toward

All prices will increase over time

Consumers will be better able to find substitutes

The economies of the developing nations are monitored by.

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ILO

WTO

IMF

UNICEF

Which of the following does not result in an increase in U.S. autonomous net exports.

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The U.S. dollar depreciated

Major trading partners stimulate their economy

Foreign currencies depreciate

Foreign trading partners lift tariff barriers

___________ are quotas that lead to a complete abolishment of trade.

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Nontariff barriers

Embargoes

Voluntary export restraints

Orderly marketing agreements

A reduction in the money supply is likely to

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Reduce interest rates

Increase the interest rate

Increase inflation

Decrease deflation

Nationalism, self sufficiency, and imperial power were central concerns of.

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French physiocrats

Thomas Malthus

Mercantilists

Adam Smith

In a recession

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Unemployment is likely to be low

prices are likely to increase

Growth is negative

Growth is slow

Usury is prohibited in

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Islam only

Sikhism only

Jewism

Both a and b

All of the following are debit items in the balance of payment eexcept.

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Capital outflows

merchandise exports

Private gifts to foreigners

Foreign and granted to other nations

If A is preferred to B and B is preferred to C and there is indifference between A and D

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D is preferred to C

B is preferred to D

There is indifference between C and D

There is indifference between B and D

A mathematical statement setting two algebraic expressions equal to each other is called.

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Equations

Hypothesis

Inequality

All of above

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