Economics Quiz 35
1 / 50
The inefficiency associated with monopoly is due to ?
2 / 50
Which is FALSE of power ____________________?
3 / 50
What is called a Tax on imports, exports ?
4 / 50
Endorsement means anything written upon the back of the document What does means by Endorse ?
5 / 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 ?
6 / 50
Malnutrition is one of the main reasons behind the high mortality rates among ?
7 / 50
According to the paradox of thrift increased efforts to save will cause ?
8 / 50
Continent of South America covers ___ of the total land of earth ?
9 / 50
Interest payments and any principal repayments which are due on a country?s external debt are known as ?
10 / 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 ?
11 / 50
Which economic orientations govern Western industrial societies ?
12 / 50
If Pakistani citizens become less concerned with the future and save less at each real interest rate ?
13 / 50
If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?
14 / 50
A linear consumption function with a positive slope less than one means that if income increases consumption will ?
15 / 50
In perfect price discrimination ?
16 / 50
Human beings are born into a social world that is_______________?
17 / 50
Which of the following is not true with regard to workers who have a high value of marginal product? These workers ?
18 / 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 ?
19 / 50
The objective approach to determine social class membership is based on________________?
20 / 50
Which branch of Judaism ordains women as rabbis ?
21 / 50
The regarding the new classical macroeconomics is hoe realistic is the assumption ?
22 / 50
A merger between a paper producer and a book publisher is an example of?
23 / 50
According to Robert Salisbury the crucial factor in turning awareness of an issue into an organized movement is_______________?
24 / 50
Firms that engage in satisficing behavior are likely to be ?
25 / 50
If one country, with floating exchange rates, has higher inflation than its competitors we would expect its exchange rate to ?
26 / 50
Intuition authority tradition and common sense ?
27 / 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)?
28 / 50
The largest producer of silk in the world is ?
29 / 50
The green house effect is the phenomenon by which ?
30 / 50
Recent pressures for protectionism in the United States have been motivated by all of the following except ?
31 / 50
international dumping may involve ?
32 / 50
The use of word ?competition? in the name of the market structure called ?monopolistic competition? refers to the fact that ?
33 / 50
There is a tendency for people to_______________?
34 / 50
The monetary base is ________ and _________?
35 / 50
What is called the acquisition abroad of physical assets with operating control that resides in parent corporation ?
36 / 50
Democratic socialism is an ideology that______________?
37 / 50
To internalize a negative externality an appropriate public policy response would be to ?
38 / 50
Political parties in the U.S function to______________?
39 / 50
Experiments_______________?
40 / 50
Social structure refers to_________________?
41 / 50
Income inequality can be high in the free market and should be reduced This is an example of What ?
42 / 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 ?
43 / 50
How many persons in rural areas are engaged in livestock raising ?
44 / 50
When Micheal Jordan and Tiger Woods use marketing to promote their careers and improve their impact and incomes they are using?
45 / 50
The current trend in the social sciences is toward ?
46 / 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 ?
47 / 50
The principle of the separation of powers________________?
48 / 50
Import quotas tend to result in all of the following except ?
49 / 50
Which of the following would probably cause the CPI to rise more than the GDP deflator in the Pakistan ?
50 / 50
According to the ?broker rule? school of though________________?
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