Economics 2011 | Study Mode

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Question 31
A
concession
B
incorporation
C
commercialization
D
privatization
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 32
A
dual exchange rate system
B
managed floating rate system
C
market determined exchange rate system
D
multiple exchange rate system
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 33
A
birth control measures
B
technical progress
C
government policies
D
natural disasters
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 34
A
geographical mobility
B
horizonatal mobility
C
professional advancement
D
veritcal mobility
Explanation.

No official Explanation yet!


Correct Option:
A
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Question 35
A
marginal utility
B
inefficiency in production
C
opportunity cost
D
comparative advantage
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 36
A
salary
B
wage rate
C
cost
D
bonus
Explanation.

No official Explanation yet!


Correct Option:
B
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Question 37
A
stabilizing and harmonization oil prices
B
ensuring equal participation of countries in trade
C
modernising world economies
D
minimizing obstacles to international trade and investment
Explanation.

No official Explanation yet!


Correct Option:
D
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Question 38
A
a kinked demand curve
B
a normal demand curve
C
an abnormal demand curve
D
a diminishing marginal utility curve
Explanation.

An abnormal demand curveis one where this relationship does not hold. An example : a giffen good. For a given good a price increase leads to an increase indemand.


Correct Option:
C
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Question 39
A
4
B
25
C
1
D
2
Explanation.

No official Explanation yet!


Correct Option:
C
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Question 40
A
R
B
T
C
U
D
S
Explanation.

No official Explanation yet!


Correct Option:
D

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