Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment	B) structural unemployment
C) disguised unemployment	D) cyclical unemployment

Answer & Explanation Answer: D) cyclical unemployment

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Q:

The ________ balance is the sum of the balance of merchandise trade, services and net transfers received from the rest of the world.

A) Current Account	B) Savings Account
C) Capital Account	D) Asset Account

Answer & Explanation Answer: A) Current Account

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied	B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity	D) elasticity of demand equals elasticity of supply

Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Q:

The word development in economics pertains to

A) democratic countries	B) third world countries
C) advanced countries	D) undeveloped countries

Answer & Explanation Answer: B) third world countries

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Q:

Which of the following is NOT the combined from of carbon?

A) Diamond	B) Dolomite
C) Marble	D) Chalk

Answer & Explanation Answer: A) Diamond

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Filed Under: Chemistry
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Q:

Which of the following metals cannot be easily cut with a knife?

A) Sodium	B) Aluminium
C) Lithium	D) Potassium

Answer & Explanation Answer: B) Aluminium

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Q:

The metal that can be cut with a knife is

A) Sodium	B) Iron
C) Aluminium	D) Copper

Answer & Explanation Answer: A) Sodium

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Q:

Which of the following is also known as the Biochemical Laboratory of the Human Body?

A) Small Intestine	B) Brain
C) Pancreas	D) Liver

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