Economics Quiz 50
1 / 50
Reduction in the circulation of money resulting from fall of prices is known as ?
2 / 50
In food demand growth equation D = ? + a E, a is the income elasticity of demand for food E is the per capita income growth and ? is ?
3 / 50
If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?
4 / 50
According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?
5 / 50
The real problem in population growth is________________?
6 / 50
In regard to public and political opinion_________________?
7 / 50
Which form of business organization falls between a corporation and partnership ?
8 / 50
Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?
9 / 50
The purpose of antitrust (also known as competition) laws is to ?
10 / 50
Another way of talking about opportunity costs might be as________________?
11 / 50
Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
12 / 50
Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?
13 / 50
Ideologies_______________?
14 / 50
The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?
15 / 50
International trade in goods and services tends to ?
16 / 50
Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?
17 / 50
Statistics that allow researchers to generalize to a population from a sample are called______________?
18 / 50
A fall in price ?
19 / 50
According to the human capital view of education ?
20 / 50
A nation will a current account deficit will be ?
21 / 50
Which is NOT a common objective of states ?
22 / 50
A 44-nation survey regrading religions found that_________________?
23 / 50
In the balance of payments travels and tourism are included in the category of ?
24 / 50
The nuclear from of the family often appears in_________________?
25 / 50
Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were known as ?
26 / 50
Keynesian economics became popular because it was able to explain ?
27 / 50
How much of the total population of the world i percentage is living in South America ?
28 / 50
The most important determinant of scholastic success is________________?
29 / 50
Which of the following can the government not use directly to control the economy ?
30 / 50
Name the money of county that is expected to drop in value relative to other currencies?
31 / 50
The most important factors of production are ?
32 / 50
Gross Domestic Product can be measured as the sum of ?
33 / 50
If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?
34 / 50
Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ?
35 / 50
Which of the following is an automatic stabilizer ?
36 / 50
The ?basket? on which the CPI is based is composed of ?
37 / 50
In autarky, the relative price of X, in terms of Y in A would be ?
38 / 50
The strongest political pressure for a trade policy that results in higher protectionism comes from?
39 / 50
In which part of Pakistan the rate of increasing population is fastest ?
40 / 50
When interest rate rise, other things equal, we can expect the quantity of real money holding to ?
41 / 50
The home country government can confiscate the revenue effect of an import quota if ?
42 / 50
The elasticity of propoor growth is ?
43 / 50
Deviance is defined______________?
44 / 50
If marginal product is below average product ?
45 / 50
Economic rent ?
46 / 50
What kind of soil is treated with gypsum to make it suitable for cropping ?
47 / 50
Which kind of Tax is Federal subject ?
48 / 50
Refer to Figure 1. The unemployment rate is ?
49 / 50
The public sector includes ?
50 / 50
The cognitive component of culture__________________?
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