Question # 1

In times if slowdown of the economy, the fiscal policy influences aggregate demand through:

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Discretionary element

Non-discretionary element

Lowering of tax rates

All of the above

A State without a Constitution would not be a state but a regime of anarchy, This is state by:

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Aristotle

Bryce

Jellineck

Dicey

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

What does the term''contingency workforce'' mean?

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Employees who work on whatever tasks are most essential at that moment

Employees who are expected to travel a great deal for their employers

Temporary employees who are hired for only as long as they needed

None of these

POTA stand for:

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Prohibition of Terrorist Act

Prevention of Terrorist Act

Prevention of Territorial Act

Prevention of Terrorist Agency

In common meaning inflation is a condition in which__

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Price of commodity increases

Value of money decreases

Price of Commodity and value of both increases

Price of commodity increases and value of money decreases

What is Tariffs?

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Decrease the domestic prices of a product

Increase the quantity of imports

Decrease domestic production

Increase government earnings form tax

What theory explains why deflation may actually leads to an increase in GDP?

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Solow Effect

rational Expectations

Pigou effect

Adaptive Expectations

The best adjustment of liberty and equality can be achieved in a regime of:

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Liberalism

Socialism

Democratic Socialism

Idealism

Who wrote ''An inquiry into the Nature and Causes of the Wealth of National''?

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Lionel Robbins

Adam Smith

Paul Samuelson

Enrico Barone

The public sector includes:

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Investors owing companies

Government ownerships of assets

Market forces of supply of and demand

All trade via barter

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