Economics Quiz 35

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Economics Quiz 35

1 / 50

Continent of South America covers ___ of the total land of earth ?

2 / 50

When Micheal Jordan and Tiger Woods use marketing to promote their careers and improve their impact and incomes they are using?

3 / 50

Income inequality can be high in the free market and should be reduced This is an example of What ?

4 / 50

If one country, with floating exchange rates, has higher inflation than its competitors we would expect its exchange rate to ?

5 / 50

Which is FALSE of power ____________________?

6 / 50

Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?

7 / 50

Endorsement means anything written upon the back of the document What does means by Endorse ?

8 / 50

What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ?

9 / 50

There is a tendency for people to_______________?

10 / 50

The principle of the separation of powers________________?

11 / 50

Social structure refers to_________________?

12 / 50

Import quotas tend to result in all of the following except ?

13 / 50

Malnutrition is one of the main reasons behind the high mortality rates among ?

14 / 50

Which economic orientations govern Western industrial societies ?

15 / 50

A company is in the ________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product ?

16 / 50

What is called a Tax on imports, exports ?

17 / 50

Firms that engage in satisficing behavior are likely to be ?

18 / 50

A linear consumption function with a positive slope less than one means that if income increases consumption will ?

19 / 50

The current trend in the social sciences is toward ?

20 / 50

In perfect price discrimination ?

21 / 50

A merger between a paper producer and a book publisher is an example of?

22 / 50

The green house effect is the phenomenon by which ?

23 / 50

The franc is said to be selling at a _______ if the spot dollar price is $0.48 and the nine-month forward rate is $0.42 ?

24 / 50

According to Robert Salisbury the crucial factor in turning awareness of an issue into an organized movement is_______________?

25 / 50

Democratic socialism is an ideology that______________?

26 / 50

According to the paradox of thrift increased efforts to save will cause ?

27 / 50

The regarding the new classical macroeconomics is hoe realistic is the assumption ?

28 / 50

Political parties in the U.S function to______________?

29 / 50

Which of the following would probably cause the CPI to rise more than the GDP deflator in the Pakistan ?

30 / 50

Which of the following country has 25 percent of the world?s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

31 / 50

Experiments_______________?

32 / 50

How many persons in rural areas are engaged in livestock raising ?

33 / 50

To internalize a negative externality an appropriate public policy response would be to ?

34 / 50

Which of the following is not true with regard to workers who have a high value of marginal product? These workers ?

35 / 50

The objective approach to determine social class membership is based on________________?

36 / 50

If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?

37 / 50

The inefficiency associated with monopoly is due to ?

38 / 50

Which branch of Judaism ordains women as rabbis ?

39 / 50

According to the ?broker rule? school of though________________?

40 / 50

The use of word ?competition? in the name of the market structure called ?monopolistic competition? refers to the fact that ?

41 / 50

Developing countries that concentrate production in agricultural products or raw materials may face a long-run decline in their international terms of trade because of ?

42 / 50

Intuition authority tradition and common sense ?

43 / 50

The monetary base is ________ and _________?

44 / 50

If Pakistani citizens become less concerned with the future and save less at each real interest rate ?

45 / 50

Interest payments and any principal repayments which are due on a country?s external debt are known as ?

46 / 50

Recent pressures for protectionism in the United States have been motivated by all of the following except ?

47 / 50

Human beings are born into a social world that is_______________?

48 / 50

The largest producer of silk in the world is ?

49 / 50

international dumping may involve ?

50 / 50

Using a successful brand name to introduce additional items in a given product category under the same brand same (such as new flavors, forms, colors, added ingredients or package seizes) is called a(n)?

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