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Terminology Online Test MCQs With Answers
Question # 1
Net investment is
Choose an answer
Gross investment minus household investment
Gross investment minus govt.investment
Gross investment minus capital consumption allowance
None of the above
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Question # 2
According to the law of diminishing utility:
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Utility is a maximum whit the first unit
Increase units of consumption increase the marginal utility
Marginal product will fall as more units are consumed
Total utility will rise at a falling rate as more units are consumed
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Question # 3
Which of the following country's economy is know as high economy?
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America
U.K
Singapore
All of these
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Question # 4
In the medical field and Psychology the abbreviation ADD stand for what?
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Adrenal Glandular Dysfunction
Atrium Deficit disorder
Arterial Distal Disorder
Attention Deficit Disorder
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Question # 5
What do glasnost and perestroika mean?
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Openness and economic restructuring
Isolation and Closure
War and peace
Peace and cooperation
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Question # 6
In the sports a team member that has played extremely well might receive____award:
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VIP
WIA
TBP
MVP
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Question # 7
According to Bushido (Way of the Warrior) which act is the ultimate test of loyalty (Japanese term )?
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harikiri
Sengoku
Kamakura
Moritomo
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Question # 8
Who introduced the concept of 'Permanent Income Hypothesis'?
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Irving Fisher
Adam smith
Milton Friedman
Franco
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Question # 9
Which word not belong in the military abbreviation NBC?
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Nuclear
Chemical
Biological
Clinical
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Question # 10
When did the Euro banknotes and coins start to circulated:
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January 1,2002
December 1,2001
July 1, 2002
January 1, 2003
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Question # 11
Who among the following is an acclamied analyst of political parties?
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Lasswell
Laski
Huntington
Duverger
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