Economics Quiz 40
1 / 50
The difference between bid (buying) rates and ask (selling) rates is called the ?
2 / 50
Consumer surplus is the area ?
3 / 50
An item designated as money that is intrinsically worthless is ?
4 / 50
With the tariff, the quantity of imports falls to ?
5 / 50
Repeating a research project called ?
6 / 50
According the law of diminishing returns ?
7 / 50
Official sanctions usually entail________________?
8 / 50
Barter is the trade of goods or services with ?
9 / 50
The long-run market supply curve ?
10 / 50
According to Harris and Todaro, creating urban jobs by expanding industrial output ?
11 / 50
A binding price ceiling creates?
12 / 50
Compared to what occurred under free trade, Mexico?s producer surplus ____ and consumer surplus ____ as a result of the subsidy Use the figure that you have plotted to calculate the amounts ?
13 / 50
Social movements tend to______________?
14 / 50
Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
15 / 50
The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?
16 / 50
In a competitive industry each buyer and seller ?
17 / 50
Drug addiction has been characterized as a victimless crime meaning ?
18 / 50
Which of the following sets of government policies is the most growth oriented ?
19 / 50
Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?
20 / 50
The price mechanism does not act as a ?
21 / 50
The most important differences among humans are based on ______________ ?
22 / 50
If countries were to trade along the lines of comparative advantage ?
23 / 50
Which of the following is not one of the basic economic s ?
24 / 50
individuals who hold lesser positions and make less money than their parents are displaying_____________?
25 / 50
According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?
26 / 50
The government is_______________?
27 / 50
The Lawis model explains how growth gets started in a less developed economy ?
28 / 50
Which of the following is TRUE about gender and business world ?
29 / 50
Export-led growth strategies tend to emphasize ?
30 / 50
Which country produced the third most rubber ?
31 / 50
Weber,s abstract model of bureaucracy entails______________?
32 / 50
Pricing to cover variable costs and some fixed costs as in the case of some automobile distributorships that sell below total costs is typical of which of the following pricing objectives ?
33 / 50
Collective behavior is_______________________?
34 / 50
The Vicious circle theory indicates that ?
35 / 50
An increasing in Europe?s taste for UK produced Hondas would cause the pound to ?
36 / 50
An economy that trades with and has financial dealing with other countries is called a/an ________ economy?
37 / 50
When we refer to how people really behave we________________?
38 / 50
The theory of the second best suggests that in the absence of perfect competition a privatized industry should charge a price of ?
39 / 50
The short run, as economists use the phrase, is characterized by ?
40 / 50
________ is the most important staple food of Pakistan?
41 / 50
Suppose a wave of investor and consumer optimisms has increased spending so that the current level of input exceeds the long-run natural rate If policy makers choose to engage in activist stabilization policy they should ?
42 / 50
The basic economic problems will not be solved by ?
43 / 50
To say that American music is the best in the world is an example of__________________?
44 / 50
A public good ?
45 / 50
Term a tax or duty rebate on imported goods that are exported at a later date ?
46 / 50
What is the share of Punjab in the total population of Pakistan ?
47 / 50
Equilibrium in the Money market will change if there is ?
48 / 50
In the long term a firm will produce provided the revenue covers ?
49 / 50
If GNP for Vatican City the smallest country in the world is 200 million euros in year 2011 and its population is 890 GNP per capita is_____________?
50 / 50
Mention the market for trading long-term debt instruments ?
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