Question # 1

Movement of individuals or groups form one position of a society of a society's stratification system to another is known as:

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Social change

Social mobility

Vertical mobility

None of these

An expansionist fiscal policy could include:

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Lower interest rates

Increased landing by the banks

An increase in corporation tax

An increase in discretionary nary government spending

Products that increase the usefulness or value fo other products?

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substitutes

complements

income effects

Goods

An Australian superstition concerning the number 87 by association 187,287 etc:

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The English number

Napoleon

Nelson

The Devil's number

Barriers to entry do not include:

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Patents

Internal economies of scale

Mobility of resources

High investment costs

Which country used Giant Pandas as diplomatic gifts to other countries (this term is famous as panda Diplomacy)?

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China

USA

France

Uruguay

What does the term 'The Golden Horde' Refer to?

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Part of the Mongol Empire

An area in Mexico once ruled by the Aztecs

Napoleon's conquest of Egypt

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

Liberty is increased when sovereignty is put into the right hands' Who has made this statements?

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Friedman

Hayek

I, Berlin

L, strauss

Where is the headquarters of Caribbean Development bank?

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Barbados

Guyana

Trinidad

Tobago

Fire Insurance is based on the principle of

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Utmost Good faith

Insurable interest

Indemnity

Cooperation

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