Economics Quiz 28

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Economics Quiz 28

1 / 50

The negative functions of interest groups include_______________?

2 / 50

The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?

3 / 50

The appropriate tax rate to consider gauging how much the tax system distorts incentives and decision making is the ?

4 / 50

Moral control________________?

5 / 50

The Department of Health and Human Services has summarized the ?correct? mix of goods and services through ?

6 / 50

The unraveling of soviet communism can be traced to______________?

7 / 50

If a government were to fix a minimum wage for adult workers, economists would predict ?

8 / 50

What is sales tax_____________?

9 / 50

Socialization involves the use of which process to turn a ?horde of barbarians? into productive human beings ?

10 / 50

When all of the debit or credit items in the balance of payments are combined ?

11 / 50

Rate of growth of an economy is measured in terms of________________?

12 / 50

Which is the most important crop of the Nile delta ?

13 / 50

Tax incidence is the ?

14 / 50

Which of the following statements is correct ?

15 / 50

The In suppliers are most likely to get nervous and feel pressure to put their best foot forward in which of the following types of buying situations ?

16 / 50

A person who is made redundant because of the contraction of an industry is a victim of ?

17 / 50

Which of the following is not a macroeconomic issue ?

18 / 50

A police office follows a speeding car and when the car finally stops she is horrified to discover her husband at the wheel in giving him a ticket she experiences______________?

19 / 50

Based on the 2010 population survey four of the five most populous countries include ?

20 / 50

Which is the largest cotton producing country in the world ?

21 / 50

The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?

22 / 50

A reduction of the ozone layer in the upper atmosphere leads to_____________?

23 / 50

A free rider is a person who ?

24 / 50

Coginitive dissonance occurs in which stage of the buyer decision process model ?

25 / 50

If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?

26 / 50

Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________?

27 / 50

Which province of Pakistan is the largest rice producing province ?

28 / 50

A low incidence of crime is more characteristic of________________?

29 / 50

A tariff______________?

30 / 50

It is true of the population of the United States that_________________?

31 / 50

Which of the following would not cause a shift in the long-run aggregate supply curve ?

32 / 50

Refer to Figure 24-1 What is the value of the basket in the base year ?

33 / 50

If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs ?

34 / 50

Which statement is false regarding prejudice ?

35 / 50

With _______ prices rise in the first sector, remain the same in the second and increase overall?

36 / 50

The effect of a tax to offset a negative externality will be to ____ price and ______ quantity?

37 / 50

For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?

38 / 50

Assume identical interest rates on comparable securities in the United States and foreign countries. Suppose investors anticipate that in the future the U.S dollar will depreciate against foreign currencies. investment funds would tend to ?

39 / 50

Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?

40 / 50

Most autocratic regimes have constitutions based on the principle of the_________?

41 / 50

Which women are most likely to report feeling unhappy after their divorce ?

42 / 50

When one culture borrows traits from another culture the borrowing culture tends to be________________?

43 / 50

If A imposes a per unit tariff of $10 on imports from both B and C A will import ?

44 / 50

Which of the following statements regarding the impact of population growth on productivity is true ?

45 / 50

Nomboli is formulated for the control of ?

46 / 50

To try to overcome the free rider problem, the members of EMU signed ?

47 / 50

Suppose all banks maintain a 100 percent reserve ratio. If an individual deposits Rs 1,000 of currency in a bank ?

48 / 50

To help its firms penetrate Mexico?s radio market suppose the Japanese government provides them a subsidy of $15 for each radio shipped to Mexico As a result of this trade policy ?

49 / 50

The first census in Pakistan was held in ?

50 / 50

What is more likely to be found in a free market economy than in a planned economy ?

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