The angle between the hands of the clock at 6:00 is _____.

1. 1. 150°
   2. 190°
   3. 180°
   4. 170°

A player drank 10 bottles of water in a cricket match. The capacity of each bottle is 1.5 Liter. How many Liters of water of player drank?

1. 1. 16.5 Liters
   2. 10 Liters
   3. 15 Liters
   4. 13 Liters

Write these numbers (61, 34, 29, 58, 72) in descending order?

1. 1. 29, 34, 58, 61, 72
   2. 72, 61, 58, 34, 29
   3. 72, 34, 58, 29, 61
   4. 34, 72, 58, 29, 61

According to the modern quantity theory, inflation will result whenever _____.

1. 1. The money supply grows faster than money demand
   2. The money supply grows faster than price level
   3. The money supply grows faster than normal inocm
   4. the money demand grows faster than money supply

If at the current level of output, the firm’s marginal revenue is less than its marginal cost, then firm should _____.

1. 1. increase output
   2. shut down
   3. expand its capital stock
   4. decrease oputput

If the price of a good rises and households incomes go up by exactly the same proportion, then the quantity of the good demanded will _____.

1. 1. Increase
   2. decrease
   3. Show an unpredictable effect
   4. decrease or stay the same, but not increase

Credit marker deals with _____.

1. 1. Goods and services
   2. Savings and Investments
   3. Investments
   4. Savings

According to classical economists, the wages are flexible _____.

1. 1. Upward
   2. Downward
   3. Horizontal
   4. Both A and B

Everything else the same, the higher the interest rate the _____.

1. 1. Lower is the opportunity cost of holding coins and currency
   2. Greater amount of funds business will borrow for investment
   3. Greater is the incentive to save
   4. More money the Federal Government would like to borrow

Diamonds are more expensive than water because _____.

1. 1. Households are irrational
   2. They are more useful
   3. They yield higher marginal utility
   4. They yield higher total utility