Economics Quiz 46
1 / 50
If British residents want more French francs to purchase more French cloths other things equal, then the equilibrium value of the pound against the French franc will ?
2 / 50
Drop shippers perform which of the following functions ?
3 / 50
Supply-side theories claim that__________________?
4 / 50
The price of one country?s currency in terms of another country?s currency is the ?
5 / 50
Which country is the largest oil producer in the world ?
6 / 50
The smallest unit of ownership of a company is______________?
7 / 50
The opportunity cost of holding money is determined by ?
8 / 50
Which of the following is an example of a Schumpeterian innovation ?
9 / 50
Indemnity is_______________?
10 / 50
If a market is efficient then_______?
11 / 50
Cities and towns came into existence due to ?
12 / 50
The Wah is famous for ?
13 / 50
By reducing the volume of trade transportation costs tend to ?
14 / 50
In which sector the largest labour force is attached in Pakistan ?
15 / 50
The emergence of the self as a result of interaction with others is a common thread in ALL BUT ONE of the following theories ?
16 / 50
Friedman?s theory of consumption focuses on ?
17 / 50
The smallest group is constituted by the________________?
18 / 50
In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?
19 / 50
The persistence of a phenomenon such as unemployment, even then its causes have been removed is called ?
20 / 50
What are called goods that satisfy human wants through their direct use ?
21 / 50
A foreign-trade zone (FTZ) is ?
22 / 50
All of the following are low income countries except ?
23 / 50
The most important of government is to__________________?
24 / 50
With which of the following items is Kimberley associated ?
25 / 50
The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?
26 / 50
Personality may be seen as a circular system in that____________?
27 / 50
What percentage of the earth?s people live in high-income areas ?
28 / 50
Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?
29 / 50
The 1993 World Bank study entitled The East Asian Miracle identifies eight high performing Asian economies. Which of the following is not one of them ?
30 / 50
The double standard in the behavior of people in society is acknowledged by the existence of a(n)?
31 / 50
If Mark Mars pays Hershey Foods Corporation for the right to use their name on his line of T-shirts then Mr. Mars is using which type of branding ?
32 / 50
A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?
33 / 50
The decision to send arms to Iran made by the National Security Council during the Reagan presidency was an example of the following type of foreign policy______________?
34 / 50
Which one of the following is not a characteristic that reduces the cost of a signals currency ?
35 / 50
It is true that the differences among the social sciences ?
36 / 50
In most societies male dominance is evident through ?
37 / 50
Industrialization?
38 / 50
Macroeconomic theory that emphasized the theories of Keynes and de-emphasized the classical theory developed as the result of the failure of ?
39 / 50
New classical theories were an attempt to explain ?
40 / 50
In the mixed economy________________?
41 / 50
Natural resources are_______________?
42 / 50
A _________ is a need that is sufficiently pressing to direct the person to seek satisfaction?
43 / 50
A good produced by a natural monopoly is ?
44 / 50
The term ?minority ?may be defined as______________?
45 / 50
From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?
46 / 50
The nation that social institutions reinforce and legitimize class division is derived from___________?
47 / 50
Ad valorem tariffs are collected as ?
48 / 50
The divorce of ownership and control tends to occur in ?
49 / 50
The primary function of the economy as a social institution is to________________?
50 / 50
Of which mineral?s chief exporter is Mexico ?
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