Economics Quiz 46
1 / 50
The nation that social institutions reinforce and legitimize class division is derived from___________?
2 / 50
The term ?minority ?may be defined as______________?
3 / 50
Of which mineral?s chief exporter is Mexico ?
4 / 50
The primary function of the economy as a social institution is to________________?
5 / 50
The price of one country?s currency in terms of another country?s currency is the ?
6 / 50
The double standard in the behavior of people in society is acknowledged by the existence of a(n)?
7 / 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 ?
8 / 50
By reducing the volume of trade transportation costs tend to ?
9 / 50
In the mixed economy________________?
10 / 50
Natural resources are_______________?
11 / 50
A good produced by a natural monopoly is ?
12 / 50
Cities and towns came into existence due to ?
13 / 50
The opportunity cost of holding money is determined by ?
14 / 50
What percentage of the earth?s people live in high-income areas ?
15 / 50
A _________ is a need that is sufficiently pressing to direct the person to seek satisfaction?
16 / 50
Which of the following is an example of a Schumpeterian innovation ?
17 / 50
The persistence of a phenomenon such as unemployment, even then its causes have been removed is called ?
18 / 50
From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?
19 / 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______________?
20 / 50
Indemnity is_______________?
21 / 50
What are called goods that satisfy human wants through their direct use ?
22 / 50
Industrialization?
23 / 50
In most societies male dominance is evident through ?
24 / 50
Ad valorem tariffs are collected as ?
25 / 50
The divorce of ownership and control tends to occur in ?
26 / 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 ?
27 / 50
In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?
28 / 50
Macroeconomic theory that emphasized the theories of Keynes and de-emphasized the classical theory developed as the result of the failure of ?
29 / 50
If a market is efficient then_______?
30 / 50
Supply-side theories claim that__________________?
31 / 50
Friedman?s theory of consumption focuses on ?
32 / 50
It is true that the differences among the social sciences ?
33 / 50
Which one of the following is not a characteristic that reduces the cost of a signals currency ?
34 / 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 ?
35 / 50
In which sector the largest labour force is attached in Pakistan ?
36 / 50
The most important of government is to__________________?
37 / 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 ?
38 / 50
The Wah is famous for ?
39 / 50
Which country is the largest oil producer in the world ?
40 / 50
The smallest group is constituted by the________________?
41 / 50
All of the following are low income countries except ?
42 / 50
New classical theories were an attempt to explain ?
43 / 50
Personality may be seen as a circular system in that____________?
44 / 50
A foreign-trade zone (FTZ) is ?
45 / 50
Drop shippers perform which of the following functions ?
46 / 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 ?
47 / 50
With which of the following items is Kimberley associated ?
48 / 50
Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?
49 / 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 ?
50 / 50
The smallest unit of ownership of a company is______________?
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