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