Economics Quiz 48
1 / 50
Which of the following is a characteristic of pure monopoly ?
2 / 50
The largest producer of Nuclear energy in the world is____?
3 / 50
The formula for average variable cost (AVC) is ?
4 / 50
What is called the rules of laws which governs the internal affairs of an organization ?
5 / 50
A trained observer_________________?
6 / 50
Which country produced the second most rubber ?
7 / 50
If the cross-price elasticity of demand between two goods is negative, then the two goods are ?
8 / 50
Shortcomings of interest groups include______________?
9 / 50
________ and ___________ do not directly affect the demand curve ?
10 / 50
Disposable income is the part of households income left after the deduction of ?
11 / 50
Entrepreneurship is the ?
12 / 50
The most essential element of culture is______________?
13 / 50
Trade creation takes place when ?
14 / 50
As income increase ?
15 / 50
Among the reason for overturning death penalty verdicts on appeal are______________?
16 / 50
A monopolistic market has ?
17 / 50
If the price elasticity is -0.3 this means ?
18 / 50
Supply side policies are considered effective in ?
19 / 50
Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raise its price to Rs 40 per month the number of subscribers will fall to 20000 At which of the following price does small Town Cablevision earn the greatest total revenue ?
20 / 50
Which of the following is not an example of foreign direct investment ?
21 / 50
When we refer to the hidden economy we mean unrecorded income owing to ?
22 / 50
Foreign aid is an instrument of________________?
23 / 50
Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raises its price Rs40 per month the number of subscribers will fall to 20000 Using the midpoint method for calculating the elasticity what is the price elasticity of demand for cable TV in Small Town ?
24 / 50
Participants in the market system________________?
25 / 50
The IMF is an agency charged with providing ?
26 / 50
Institution are_________________?
27 / 50
The earliest statement of the principle of comparative advantage is associated with ?
28 / 50
Which of the following is not TRUE about rural urban migration ?
29 / 50
Suppose there is an increase in the both the supply and demand for personal computers Further, suppose the supply of personal computer increase more than demand for personal computers In the market for personal computers i the market for personal computers, we would expect ?
30 / 50
_______ factors are the most popular bases for segmenting customer groups?
31 / 50
What country had the second largest area of forest?
32 / 50
In monopolistic competition ?
33 / 50
Which of the following is an injection into the economy ?
34 / 50
In theory communism calls for______________?
35 / 50
The categories used by researchers to pigeonhole people into social classes__________________?
36 / 50
Adam Smith was __________?
37 / 50
In order for power to be legitimate a government must have_____________?
38 / 50
A negative externality affect market efficiency in a manner similar to ?
39 / 50
One percentage decrease in unemployment is associated with two percentage points of additional growth in real gdp is called?
40 / 50
The largest producer of fertilizer in the world is ?
41 / 50
Domestic producers gain ________ because on the tariff?
42 / 50
How does the eurozone compare with USA as a possible optimal currency area (OCA) ?
43 / 50
Utilitarian organizations are so named because they ?
44 / 50
Which of the following processes includes isolation of the minority population ?
45 / 50
Air pollution from automobile exhausts, and water pollution steel plants are examples of ?
46 / 50
The price elasticity of demand measures ?
47 / 50
The factor endowment model of international trade was developed by ?
48 / 50
Which money is called Hot money ?
49 / 50
________ protection such as the escape clause, provide temporary protection to domestic industries facing competition from fairly traded foreign goods?
50 / 50
Cyclical unemployment is the ?
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