Economics Quiz 19

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Economics Quiz 19

1 / 50

Foreign trade ?

2 / 50

Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?

3 / 50

What was the second chicken producing country ?

4 / 50

According to the Principle of absolute advantage Japan should ?

5 / 50

What could a government do to correct the current account deficit ?

6 / 50

Meads work in New Guinea indicated that__________________?

7 / 50

If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?

8 / 50

The effective rate of protection ?

9 / 50

What is not a feature of the EU as a single market ?

10 / 50

Inflation means ?

11 / 50

The asset market approach views exchange rates as being determined mainly by ?

12 / 50

In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

13 / 50

Biodiversity ?

14 / 50

Stratification occurs societies that have a____________?

15 / 50

Maturation for humans involves ?

16 / 50

The multiplier accelerator model assumes ____ depends on ______?

17 / 50

What is called the reduction in the rate of a currency

18 / 50

Metropolitan areas with a population of 1 million or more are called_______________?

19 / 50

To increase growth, governments should do all of the following except ?

20 / 50

Disguised unemployed is?

21 / 50

When marginal costs are below average total costs ?

22 / 50

Economic system in which the government owns and controls the means of production to benefit all the people is called ?

23 / 50

The United States government began to function in_______________?

24 / 50

A _____ is a good offered either free or at low cost as an incentive to buy a product ?

25 / 50

Quoted bid or highest price on inventor in willing to pay to buy a security is called ?

26 / 50

All of the following are potential advantages of an international joint venture except ?

27 / 50

Joining with foreign companies to produce or market products and services is called ?

28 / 50

What growth rate was witnessed in agriculture sector last fiscal year ?

29 / 50

The ?feminization of poverty ? refers to________________?

30 / 50

Which groups are hardest hit by the death of a spouse ?

31 / 50

Term the authorization whether written or electronic, that shareholders? votes may be cast by others ?

32 / 50

The term Mark-up refers to________________?

33 / 50

National Arid-land Development and Research Institute (NADRI) is at ?

34 / 50

Kharif crops include ?

35 / 50

The ideology of ageism__________________?

36 / 50

Intra-industry trade theory ?

37 / 50

The highest grade of coal whose surface is shining and has the highest calorific value is ?

38 / 50

According to Marx which group constituted a ruling elite ?

39 / 50

Which type of forest covers the highest percentage of forest area in the world ?

40 / 50

The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?

41 / 50

Labor skills are a major component of ?

42 / 50

Trade name is ?

43 / 50

Short-run equilibrium output means that aggregate demand __________ actual output?

44 / 50

Which of the following firms has the least incentive to advertise ?

45 / 50

Psychology deals with_________________?

46 / 50

The record of country?s imports and exports of goods and services is called its ?

47 / 50

If both marginal cost and marginal revenue increase, a firm ?

48 / 50

The law of diminishing returns assumes ?

49 / 50

Which of the following is NOT true about children in a peasant society ?

50 / 50

A welfare loss occurs in monopoly where ?

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