Irreversibility refers to ?

Related Mcqs:

1. The term Cartel refers to ?

   A. A combination of firms for business purposes
   B. An official agreement between governments at war, especially for exchange of prisoners
   C. Unity of parties, factions or nations in a common cause
   D. All of the above

2. The term prospectus refers to______________?

   A. Formal summary of proposed project
   B. Document describing chief features of something for participants
   C. Both of them
   D. None of them

3. Which of the following terms refers to income that is saved and not invested ?

   A. Capital
   B. Deposit
   C. Hoarding
   D. Profit

4. The term liquidate refers to pay off a debt, a claim or an obligation or to settle the affairs by determining liabilities and applying assets to their discharge. What is also converted by the term?

   A. To convert assets into cash
   B. Abolish
   C. Both of them
   D. All of them

5. Refers to Exhibit 4. Suppose the economy is operating in a recession such as point B in Exhibit 4. If policy makers wished to move output to its long run natural rate they should attempt to ?

   A. Shift aggregate demand to the left
   B. Shift short run aggregate supply to the left
   C. shift aggregate demand to the right
   D. shift short-run aggregate supply to the right

6. Privatization refers to a range of policies including ?

   I. changing part of a public enterpris’s ownership to the private sector
   II. Liberalization of entry into activities previously restricted to the public sector
   III. two infant industries merging into a monopoly
   IV. franchising or contracting public services or leasing public assets to the Private sector

   A. III only
   B. IV only
   C. I, II and IV only
   D. None of these

7. The total number of item that the company carries within its product lines refers to the ________ of the product mix?

   A. width
   B. depth
   C. length
   D. consistency

8. The bourgeoisie refers to ?

   A. the monarchy
   B. the central planners of the Soviet Union
   C. the capitalist and middle class
   D. the aristocrats of wealthy nations

9. The Phrase “twin deficits” refers to ?

   A. A country’s trade deficit and its government budget deficit
   B. The fact that if a country has a trade deficit, its trading partners must also have trade deficits
   C. the equality of a country’s saving deficit and its investment deficit
   D. a country’s trade deficit and its net capital outflow deficit

10. The extent to which the results of a study can be generalized to the larger population refers to ?

    A. internal validity
    B. face validty
    C. reliability
    D. external validity