Economics Quiz 14
1 / 50
Deregulation is the reduction of government?s role in ?
2 / 50
The human infants first step in socialization is_________________?
3 / 50
What kind of individual is valued in industrial and postindustrial societies ?
4 / 50
If the investment demand curve is vertical ?
5 / 50
How much of the total land of the world is occupied by North America ?
6 / 50
Suppose a frost destroys much of the Florida orange crop. At the same time, suppose consumer tastes shift toward orange juice, What would we expect to happen to the equilibrium price and quantity in the market for orange juice ?
7 / 50
The price of burgers increase by 22% and the quantity of burgers demanded falls by 25% This indicates that demand for burgers is ?
8 / 50
A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
9 / 50
Types of survey data include_______________?
10 / 50
Which country leads in production of barley among the following ?
11 / 50
An export subsidy should have the opposite effect of ?
12 / 50
The main reason that people hold money to buy things is referred to as the ?
13 / 50
Stratification systems tend to________________?
14 / 50
The measured unemployment rate can be pushed below the natural rate, but ?
15 / 50
If Sweden?s currency depreciates relative to Norway?s currency ?
16 / 50
Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?
17 / 50
Liberation theory is______________?
18 / 50
In the case of the male twin castrated during circumcision________________?
19 / 50
When the period of Kharif crop starts and when ends ?
20 / 50
Ethnic groups are based on_________________?
21 / 50
The whole class of goods that will be under produced or not produced at all in a completely unregulated market economy are referred to as ?
22 / 50
Which of the following is NOT an example of a subject investigated by social scientists ?
23 / 50
One of the predictions of the Heckscher-Ohlin model is that ?
24 / 50
How much irrigation water shortage was witnessed last year ?
25 / 50
_______ is needed to balancell the balance of payments statements?
26 / 50
The Marxian model of class structure divided the population into______________?
27 / 50
one of the tenets of the classical view of the labor market is that the wage adjustments that are necessary to clear the labor market occur ?
28 / 50
When Coca-Cota and Nestle formed joint venture to market a ready to drink coffee and tea worldwide the type of marketing system that was formed would best be described as being a(n)?
29 / 50
The amount that is paid for carriage of goods by chips, railways, airways etc is called ?
30 / 50
All of the following are criticisms leveled against marketing by critics EXCEPT ?
31 / 50
If the international terms of trade settle at a level that is between each country?s opportunity cost ?
32 / 50
Power is exercised in________________?
33 / 50
The second major profession in Pakistan is ?
34 / 50
The maximin criterion suggested by Rawls?s theory of justice means that the government should aim to ?
35 / 50
The opposite of a nuclear family is the______________?
36 / 50
In Pakistan the term the poverty trap is used to describe the fact that ?
37 / 50
Collusion is difficult for an oligopoly to maintain ?
38 / 50
A major criticism of Fred,s theory is__________________?
39 / 50
Which of the following is an example of government policy that could reduce inflation ?
40 / 50
Which of the following government policies would fail to lower the unemployment rate ?
41 / 50
Rostow?s economics stages are ?
42 / 50
Which of the following is a possible government objective as opposed to a policy ?
43 / 50
Which statements is FALSE ?
44 / 50
A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ?
45 / 50
Which of the following country was not a major LDC debtor in 2001 ?
46 / 50
Some frictional Unemployment is inevitable because ?
47 / 50
Buy national policies ?
48 / 50
Anthropology is restricted to the study of_______________?
49 / 50
The implementation of a common market involves all of the following except ?
50 / 50
___________ have contractual authority to sell a manufacturer?s entire output?
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