Economics Quiz 53

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Economics Quiz 53

1 / 50

All of the following are high income countries except ?

2 / 50

Cultural universals include ?

3 / 50

In industrial societies consumption ?

4 / 50

Change may be experienced at which level ?

5 / 50

Banks create money by ?

6 / 50

A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?

7 / 50

According to last census, the population growth rate in Pakistan was ?

8 / 50

The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________?

9 / 50

Agriculture in industrial nations is now based on_________________?

10 / 50

Credit risk refers to a bond?s ?

11 / 50

In Pakistan what is the yield of sugarcane ?

12 / 50

The conclusion that free, unregulated markets will produce an efficient outcome breaks down if ?

13 / 50

if demand is price inelastic ?

14 / 50

What is Euro ?

15 / 50

Which market is characterized by a small number of large buyers who control all purchases and therefore the market price of a good a service ?

16 / 50

What is the period of Rabi season ?

17 / 50

When economists talk about developing countries experiencing flight of capital they mean?

18 / 50

Which of the following is an example of equity finance ?

19 / 50

Which statement is an example of stereotyping ?

20 / 50

___________ are quotas that lead to a complete abolishment of trade?

21 / 50

For the United states, exports plus imports are about _____ of its gross national product?

22 / 50

Social scientists________________?

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Refer to Exhibit 6.If People in the economy expect inflation to be 6 percent but inflation turn out to be 3 percent the economy is operating at point ?

24 / 50

A case study is most useful when ____________?

25 / 50

It is true of science that_______________?

26 / 50

Most population experts_______________?

27 / 50

Which does the government not control directly ?

28 / 50

________ refers to the price charged for products sold to a subsidiary to a multinational corporation b another subsidiary in another country?

29 / 50

Free port is ?

30 / 50

Latent functions of government include_______________?

31 / 50

The relationship of the mass media and politicians can be described as_________________?

32 / 50

Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?

33 / 50

The term technology refers to______________?

34 / 50

The income effect of a price increase of a normal good is to ________ of that good and the substitution effect is to _________ of that good?

35 / 50

The type of trade promotion discount in which manufacturers agree to reduce the price to the retailer in exchange for the retailer?s agreement to feature the manufacturer?s products is some way is called a(n) ?

36 / 50

Net investment is___________________?

37 / 50

In the long run in perfect competition ?

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The presidents most important role is as_______________?

39 / 50

Marginal revenue is the ________ when output is __________?

40 / 50

Behavioral theories of the firm concentrate on the _______ interests of _______?

41 / 50

Agents of socialization consist of_______________?

42 / 50

Net National Product equals ?

43 / 50

According to the supply side of the vicious circle theory of development a country is poor because ?

44 / 50

In the social sciences discrimination as a concept means_________________?

45 / 50

If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?

46 / 50

The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?

47 / 50

The public sector_________________?

48 / 50

Which statement is False ?

49 / 50

Name the country which has the largest natural gas reserves in the world ?

50 / 50

Economic sanctions?

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