Questions

Q:

What is C12H22O11 also known as

A) Sand B) Sugar
C) Salt D) Clay
 
Answer & Explanation Answer: B) Sugar

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

Contraction of heart is also known as

A) Systole B) Aristotle
C) Diastole D) Lub
 
Answer & Explanation Answer: A) Systole

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Q:

__ was a Chinese Buddhist monk, who studied Buddhist Scriptures at Nalanda and is famous for his 17 year long trip to India between AD 627 to 643.

A) Megasthenes B) Hiuen Tsang
C) Fa-hien D) Al Beruni
 
Answer & Explanation Answer: B) Hiuen Tsang

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Q:

In a triangle ABC, AB = 8 cm, AC = 10 cm and ∠B = 90°, then the area of ΔABC is

A) 49 sq.cm B) 36 sq.cm
C) 25 sq.cm D) 24 sq.cm
 
Answer & Explanation Answer: D) 24 sq.cm

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