(A) Agreements on how communication components and DATE’s are to communicate
(B) Local communications channels used for transfering data
(C) Physical communications channels used for transfering data
(D) None of the above
Which country overtook Japan to become the world’s third largest automobile market?
(A) USA
(B) UAE
(C) China
(D) India
Recently which US State is hit by record-breaking rains and storms?
(A) Florida
(B) Texas
(C) California
(D) Ohio
According to Classical models, the level of employment is determined primarily by:
(A) The level of aggregate demand for goods and services.
(B) Prices and wages.
(C) Government taxation.
(D) Government spending.
The investment demand curve shows the relationship between the levels of:
(A) Investment and Consumption
(B) Consumption and Interest Rate
(C) Investment and Interest Rate
(D) None
The increase in the Public Sector Borrowing Requirement (PSBR) to almost £50 billion this year will automatically lead to:
(A) A higher rate of inflation
(B) A fall in the rate of unemployment
(C) An increase in the National Debt
(D) A deterioration in the Balance of Payments
An increase in the rate of inflation which is not accompanied by any change in the volume of consumer goods sold will automatically increase the:
(A) Revenue from Value Added Tax
(B) Level of company profits
(C) Level of unemployment
(D) Average level of wages
If, in a fully employed, closed economy, the supply of money and the velocity of circulation of money both increase, then in the short-run?
(A) Unemployment of factors will result
(B) Real national output will expand
(C) The volume of transactions will increase
(D) The average level of prices will rise