Economics Quiz 34
1 / 50
A decrease in the supply of farm tractors will cause all but which of the following ?
2 / 50
Bance Solida has, in the past, always operated with a reserve ratio of 25 percent. It has now been taken over by Gung-Ho Bank Which operates with a reserve ration of 12? percent, Assuming that Banca Solida adopts the business practices of its new owner, What will be the effect on money supply in the country in which Banca Solida operates ?
3 / 50
Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?
4 / 50
Which country is the chief exporter of coffee?
5 / 50
Which one of the following four agricultural resources by way of crops cultivated by man does not belong to the group comprising the remaining three ?
6 / 50
Internal balance refers to ?
7 / 50
The shift toward tertiary sector jobs has_______________?
8 / 50
The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?
9 / 50
Which of the following is an example of material culture ?
10 / 50
Tax shifting ?
11 / 50
A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?
12 / 50
Which is NOT Third World nation ?
13 / 50
The more consumers are willing to pay for a product_____________________?
14 / 50
The Great Depression_________________?
15 / 50
What percentage of American business revenues do corporation represent ?
16 / 50
A good example of a public good is ?
17 / 50
Which is an ascribed status ?
18 / 50
In the Mid of 2011 the share of agriculture in employment is ?
19 / 50
Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?
20 / 50
A supply curve is directly affected by ?
21 / 50
A financial intermediary is a middleperson between ?
22 / 50
In order for a market to support superstars it must have which of the following characteristics ?
23 / 50
When does a society need laws ?
24 / 50
Technological advances, shifts in consumer tastes, and increased competition all of which reduce demand for a product are typical of which stage in the PLC ?
25 / 50
Norms are__________________?
26 / 50
The largest number of statistical areas in the United States are______________?
27 / 50
According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?
28 / 50
Which of the following countries has highest percentage of land under cultivation ?
29 / 50
A firm charging different buyers? different prices for the same product is practicing ?
30 / 50
What forces prices down ?
31 / 50
Fiscal deficit in the budget means ?
32 / 50
An increase in the marginal propensity to consume will ?
33 / 50
A main advantage of specialization results from ?
34 / 50
Scientists agree that________________?
35 / 50
Developments in a national economy can affect the outcome of an international financial transaction. What this process is called ?
36 / 50
Supply of land in a given use ?
37 / 50
Conflict theorists see the states functions as________________?
38 / 50
In monopolistic competition ?
39 / 50
A conglomerate merger is a merger of ?
40 / 50
Human races reflect_______________?
41 / 50
Which of the following situations describes the greatest market power ?
42 / 50
Nimbokil-60EC is formulated for the control of ?
43 / 50
The deadweight cost of the tariff equals ?
44 / 50
A graph showing all the combinations capital and labor available for a given total cost is the ?
45 / 50
What is the ratio of Punjabi speaking population ?
46 / 50
International joint ventures can lead to welfare losses when the newly established firm ?
47 / 50
The curve that illustrates the negative relationship between the equilibrium values of aggregate output and the interest rate in the goods market is the ?
48 / 50
A country?s export commodity concentration ratio is the ?
49 / 50
Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?
50 / 50
Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?
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