Who proposed the steady-state theory?
- Hermann Bondi
- Thomas Gold
- Sir James Jeans
- Fred Hoyle
The steady-state theory was first proposed by Sir James Jeans in the 1920s, but it was reformulated by Fred Hoyle, Thomas Gold, and Hermann Bondi in 1948.
Who was the Prime Minister of the British Empire during the 1857 revolt?
- William Pitt
- Charles Grey
- William Lamb
- Lord Palmerston
Henry John Temple, 3rd Viscount Palmerston was a British statesman who served twice as a Prime Minister in the mid-19th century. Palmerston dominated British foreign policy during the period 1830 to 1865 when Britain was at the height of its imperial power. He held office almost continuously from 1807 until his death in 1865.
What is the pulsating theory of the universe?
- A cosmological model that combines both the Big Bang and the Big Crunch as part of a cyclical event
- An expansion and contraction of the star as a whole in a regular periodic pulsation
- All the matter of the universe was present in a single place in the form of hot and dense fireball
- Counting of the galaxies is constant and new galaxies which are forming continuously are filling the empty spaces
Sir J.C. Bose proposed a theory of the ascent of sap known as the pulsation theory. The Pulsating Universe Theory says that the universe follows self-sustaining cycles such as expanding and contrasting.
Who is called the father of macroeconomics?
- Alfred Marshall
- John Maynard Keynes
- Adam Smith
- Leon Walras
Macroeconomics as a modern discipline began with the publication of John Maynard Keynes's General Theory of Employment, Interest, and Money where he offered a new theory of economics that evolved into Keynesian economics.
What was the comparative advantage theory of David Ricacrdo?
- When a country can produce a good or service at a lower opportunity cost than another country.
- Pursuit of self-interest, division of labor, and freedom of trade.
- A theory of free-market capitalism directly opposed to government intervention.
- A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
