Thursday, 1 January 2015

Thursday, 25 December 2014

SEASON'S GREETINGS :)
MERRY CHRISTMAS AND A VERY HAPPY NEW YEAR 2015 TO ONE AND ALL
BEST WISHES
PROF. KASHMIRA P. MODY

Sunday, 21 December 2014

21 DAY CHALLENGE - DAY 21

1. Identify the person in the photograph below.
Adam Smith A

2. Complete the sentence: The 2008 Nobel prize in Economic sciences was awarded to ________ for_____________.


3. 

If the price of beef doubled and the price of poultry stayed the same, people would most likely buy:
A. More poultry and less beef.
B. Less poultry and more beef.
C. The same amount of poultry and beef.
D. Don't Know.

email your answers with the subject line 21 DAY CHALLENGE-DAY 21 TO profKMody@gmail.com

21 DAY CHALLENGE - DAY 20

1. Identify the person in the photograph below.
Sir Arthur Lewis

2. Complete the sentence: The 2014 Nobel prize in Economic sciences was awarded to ________ for_____________.


3. An increase from 5% to 8% in the interest rates charged by banks would most likely encourage: 

A. Businesses to invest.
B. People to purchase housing.
C. People to save money.
D. Don't Know.

email your answers with the subject line 21 DAY CHALLENGE-DAY 20 TO profKMody@gmail.com

Friday, 19 December 2014

21 DAY CHALLENGE - DAY 19

1. Identify the person in the photograph below.
Muhammad Yunus

2. Complete the sentence: The 1999 Nobel prize in Economic sciences was awarded to ________ for_____________.


3. When deciding which of the two items to purchase, one should always: 

A. Choose the item that costs less.
B. Choose the item with the greatest benefits.
C. Choose an item after comparing the costs and benefits of both items.
D. Don't Know.


email your answers with the subject line 21 DAY CHALLENGE-DAY 19 TO profKMody@gmail.com

Thursday, 18 December 2014

21 DAY CHALLENGE - DAY 18

1. Identify this economist from the photograph below.
Jan Tinbergen

2. Complete the sentence: The 1987 Nobel prize in Economic sciences was awarded to ________ for_____________.


3. When governments supply products and services, these products and services usually benefit: 

A. More than one person at a time whether they have paid for it or not.
B. Only the people who pay for these products and services.
C. Business at the expense of consumers.
D. Don't Know.

email your answers with the subject line 21 DAY CHALLENGE-DAY 18 TO profKMody@gmail.com

Wednesday, 17 December 2014

21 DAY CHALLENGE - DAY 17

1. Identify this economist from the photograph below.
John R Hicks

2. Complete the sentence: The 1970 Nobel prize in Economic sciences was awarded to ________ for_____________.


3. When the federal government's expenditures for a year are greater than its revenue for that year, the difference is known as: 

A. The national debt.
B. A budget deficit.
C. A budget surplus.
D. Don't Know.

email your answers with the subject line 21 DAY CHALLENGE-DAY 17 TO profKMody@gmail.com

  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...