Economics Quiz 50
1 / 50
A fall in price ?
2 / 50
A nation will a current account deficit will be ?
3 / 50
In regard to public and political opinion_________________?
4 / 50
According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?
5 / 50
Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?
6 / 50
The elasticity of propoor growth is ?
7 / 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 ?
8 / 50
If marginal product is below average product ?
9 / 50
Name the money of county that is expected to drop in value relative to other currencies?
10 / 50
The cognitive component of culture__________________?
11 / 50
Reduction in the circulation of money resulting from fall of prices is known as ?
12 / 50
Economic rent ?
13 / 50
The home country government can confiscate the revenue effect of an import quota if ?
14 / 50
Which kind of Tax is Federal subject ?
15 / 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 ?
16 / 50
Statistics that allow researchers to generalize to a population from a sample are called______________?
17 / 50
Gross Domestic Product can be measured as the sum of ?
18 / 50
The purpose of antitrust (also known as competition) laws is to ?
19 / 50
When interest rate rise, other things equal, we can expect the quantity of real money holding to ?
20 / 50
In which part of Pakistan the rate of increasing population is fastest ?
21 / 50
Keynesian economics became popular because it was able to explain ?
22 / 50
In the balance of payments travels and tourism are included in the category of ?
23 / 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 ?
24 / 50
The ?basket? on which the CPI is based is composed of ?
25 / 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 ?
26 / 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 ?
27 / 50
The most important factors of production are ?
28 / 50
Another way of talking about opportunity costs might be as________________?
29 / 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 ?
30 / 50
The strongest political pressure for a trade policy that results in higher protectionism comes from?
31 / 50
Ideologies_______________?
32 / 50
The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?
33 / 50
The public sector includes ?
34 / 50
Which of the following is an automatic stabilizer ?
35 / 50
The nuclear from of the family often appears in_________________?
36 / 50
According to the human capital view of education ?
37 / 50
A 44-nation survey regrading religions found that_________________?
38 / 50
In autarky, the relative price of X, in terms of Y in A would be ?
39 / 50
The real problem in population growth is________________?
40 / 50
Refer to Figure 1. The unemployment rate is ?
41 / 50
International trade in goods and services tends to ?
42 / 50
How much of the total population of the world i percentage is living in South America ?
43 / 50
What kind of soil is treated with gypsum to make it suitable for cropping ?
44 / 50
Which is NOT a common objective of states ?
45 / 50
The most important determinant of scholastic success is________________?
46 / 50
Deviance is defined______________?
47 / 50
If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?
48 / 50
Which of the following can the government not use directly to control the economy ?
49 / 50
Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?
50 / 50
Which form of business organization falls between a corporation and partnership ?
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