Economics Quiz 43
1 / 50
Government____________?
2 / 50
A tariff can _______ raise a country?s welfare?
3 / 50
In Price discrimination abnormal profits are made if ?
4 / 50
ideologies may be described as_______________?
5 / 50
Overpopulation can result in________________?
6 / 50
What is referred by the by economic theory ?Liberalism? ?
7 / 50
The marginal propensity to save (MPS) is ?
8 / 50
Who is insolvent_______________?
9 / 50
Which of the following events will lead to an increase in the demand for money ?
10 / 50
Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?
11 / 50
The expectations augmented Phillips curve was the Work of which group of economists ?
12 / 50
Which of the following shifts the demand for watches to the right ?
13 / 50
Which perspective assumes that actors other than states are also important and s whether states are unitary actors ?
14 / 50
Which of the following is a variable cost in the short run ?
15 / 50
The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?
16 / 50
?Hard ?money is_________________?
17 / 50
By what method were the first cars ever manufactured produced ?
18 / 50
Classification of human races is_____________________?
19 / 50
Suppose two economists are arguing about policies that deal with unemployment One economist says the government should fight unemployment because it is the greatest social evil The other economist response Nonsense Inflation is the greatest social evil These economists ?
20 / 50
The elderly are a minority because them________________?
21 / 50
Three variables affect the demand for money they are _______ and __________?
22 / 50
The seller?s cost of production is ?
23 / 50
India is the world?s largest producer of ?
24 / 50
Maturation is a term used by developmental psychologists to refer to______________?
25 / 50
The neoclassical theory of growth identifier the steady state rate of growth as the ____ just sufficient to keep _____ constant while labor grows?
26 / 50
Which of the following statements is correct ?
27 / 50
What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?
28 / 50
What is called the difference in the value of a nation?s imports over exports or exports over imports ?
29 / 50
In autarky the relative price of wine, in terms of beer, in Country B is ?
30 / 50
The percentage of the working age population that is part of the workforce is known as the ?
31 / 50
Which of the following is true about the consumer?s optimum consumption bundle? At the optimum ?
32 / 50
We cannot say whether one allocation of resources is better than another allocation because ?
33 / 50
Korea?s keirestsu-like corporate conglomerates is known as ?
34 / 50
Under a system of floating exchange rates relatively low productivity and high inflation rates in the United States results in a (an) ?
35 / 50
The U.S balance of payments is constructed by ?
36 / 50
VAT is a good example of which kind of tax ?
37 / 50
In the neoclassical theory of growth a higher saving rate leads to ?
38 / 50
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
39 / 50
Which branch of accounting provides information to help the management of a firm evaluate production costs and efficiency ?
40 / 50
Worker-managed socialism helped contribute to ________ ?s rapid economic growth from 1959 to 1979?
41 / 50
?The ability of one individual or group to control the actions of another individual or group without the latter?s consent? is a definition of____________?
42 / 50
Quotas are government-imposed limits on the _________ of goods trade between countries?
43 / 50
The total forest area of Pakistan is estimated at ?
44 / 50
The largest fishing catching ground in the world is ?
45 / 50
Two of the major factors contributing to growth are ?
46 / 50
Wassily Leontief?s results can be interpreted as ?
47 / 50
Under Which of the following conditions would you prefer to be the borrower ?
48 / 50
Cost of production plus a fixed rate of profit is called ?
49 / 50
A __________ is a brand created and owned by a reseller of a product of service ?
50 / 50
Suppose that ABC publishing sells an economics textbook and accompanying study guide. Raheel is willing to pay Rs75 for the text and Rs15 for the study guide. Mariam is willing to spend Rs60 for the text and Rs25 for the study guide. Suppose both the book and study guide have a zero-marginal cost of study production. If ABC publishing charges separate price for both products its best strategy is to charge price that when combined, total ?
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