Economics Quiz 28
1 / 50
If a government were to fix a minimum wage for adult workers, economists would predict ?
2 / 50
The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?
3 / 50
What is sales tax_____________?
4 / 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______________?
5 / 50
Which women are most likely to report feeling unhappy after their divorce ?
6 / 50
Coginitive dissonance occurs in which stage of the buyer decision process model ?
7 / 50
If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs ?
8 / 50
Which of the following is not a macroeconomic issue ?
9 / 50
Which statement is false regarding prejudice ?
10 / 50
The negative functions of interest groups include_______________?
11 / 50
What is more likely to be found in a free market economy than in a planned economy ?
12 / 50
Nomboli is formulated for the control of ?
13 / 50
To try to overcome the free rider problem, the members of EMU signed ?
14 / 50
Which province of Pakistan is the largest rice producing province ?
15 / 50
The appropriate tax rate to consider gauging how much the tax system distorts incentives and decision making is the ?
16 / 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_______________?
17 / 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 ?
18 / 50
The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?
19 / 50
A person who is made redundant because of the contraction of an industry is a victim of ?
20 / 50
Most autocratic regimes have constitutions based on the principle of the_________?
21 / 50
The first census in Pakistan was held in ?
22 / 50
A tariff______________?
23 / 50
The Department of Health and Human Services has summarized the ?correct? mix of goods and services through ?
24 / 50
Refer to Figure 24-1 What is the value of the basket in the base year ?
25 / 50
Socialization involves the use of which process to turn a ?horde of barbarians? into productive human beings ?
26 / 50
Based on the 2010 population survey four of the five most populous countries include ?
27 / 50
Which is the most important crop of the Nile delta ?
28 / 50
A reduction of the ozone layer in the upper atmosphere leads to_____________?
29 / 50
Tax incidence is the ?
30 / 50
For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?
31 / 50
When one culture borrows traits from another culture the borrowing culture tends to be________________?
32 / 50
Which of the following would not cause a shift in the long-run aggregate supply curve ?
33 / 50
Suppose all banks maintain a 100 percent reserve ratio. If an individual deposits Rs 1,000 of currency in a bank ?
34 / 50
Which of the following statements regarding the impact of population growth on productivity is true ?
35 / 50
Moral control________________?
36 / 50
A free rider is a person who ?
37 / 50
When all of the debit or credit items in the balance of payments are combined ?
38 / 50
Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?
39 / 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 ?
40 / 50
Rate of growth of an economy is measured in terms of________________?
41 / 50
Which of the following statements is correct ?
42 / 50
Which is the largest cotton producing country in the world ?
43 / 50
It is true of the population of the United States that_________________?
44 / 50
With _______ prices rise in the first sector, remain the same in the second and increase overall?
45 / 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 ?
46 / 50
A low incidence of crime is more characteristic of________________?
47 / 50
If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
48 / 50
The effect of a tax to offset a negative externality will be to ____ price and ______ quantity?
49 / 50
The unraveling of soviet communism can be traced to______________?
50 / 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 ?
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