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Terminology Online Test MCQs With Answers
Question # 1
NTC is the abbreviation of which organization;
Choose an answer
National Tobacco company
National Tea company
National Tea corporation
National Textile corporation
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Question # 2
For a perfectly competitive firm:
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Price equals marginal revenue
Price is greater than marginal revenue
Price equals total revenue
Price equals total cost
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Question # 3
A movement along the demand curve may be caused by
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A change in income
A change in the number of buyers
A change in advertising
A shift in supply
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Question # 4
If you doctor ordered and EKG or ECG, What part of Your body Would be tested:
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Eyes
Bladder
Brain
Heart
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Question # 5
Hedging and speculation in forx markets-
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Are opposite activites
Parallel activites
Same activites
All of the above
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Question # 6
Who became the first president of the European Central Bank?
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Wim Duisenberg
Jean-Claude Trichet
Alexandre Lamfalussy
Philippe Maystadt
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Question # 7
Globalization is likely to increase with:
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More protectionism
An increase in tariffs
More trade within countries
Greater trade flows between countries
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Question # 8
Which of the following country has left the membership of OPEC?
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Indonesia
Iraq
U.A.E
Angola
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Question # 9
If the economy grows the government's budget position will automatically:
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Worsen
Improve
Stay the same
Increase with inflation
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Question # 10
Colin Evans recognized to be the world's leading trade diplomat is related with which kind of Diplomacy?
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Track I diplomacy
Track II diplomacy
Shuttle diplomacy
Freelance Diplomacy
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Question # 11
ADC is an abbreviation used in the social work field and court system. what does tit stand for?
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aid to deceased children's families
aid to dependent children
aid to dependent children
aid to developing crisis plans
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