Economics Quiz 53
1 / 50
The conclusion that free, unregulated markets will produce an efficient outcome breaks down if ?
2 / 50
In industrial societies consumption ?
3 / 50
Change may be experienced at which level ?
4 / 50
It is true of science that_______________?
5 / 50
The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________?
6 / 50
if demand is price inelastic ?
7 / 50
The presidents most important role is as_______________?
8 / 50
___________ are quotas that lead to a complete abolishment of trade?
9 / 50
Social scientists________________?
10 / 50
Banks create money by ?
11 / 50
In the long run in perfect competition ?
12 / 50
Behavioral theories of the firm concentrate on the _______ interests of _______?
13 / 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 ?
14 / 50
The relationship of the mass media and politicians can be described as_________________?
15 / 50
Agriculture in industrial nations is now based on_________________?
16 / 50
For the United states, exports plus imports are about _____ of its gross national product?
17 / 50
Which statement is False ?
18 / 50
________ refers to the price charged for products sold to a subsidiary to a multinational corporation b another subsidiary in another country?
19 / 50
Agents of socialization consist of_______________?
20 / 50
What is the period of Rabi season ?
21 / 50
In the social sciences discrimination as a concept means_________________?
22 / 50
According to last census, the population growth rate in Pakistan was ?
23 / 50
Net National Product equals ?
24 / 50
A case study is most useful when ____________?
25 / 50
The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?
26 / 50
Which of the following is an example of equity finance ?
27 / 50
Most population experts_______________?
28 / 50
Marginal revenue is the ________ when output is __________?
29 / 50
Name the country which has the largest natural gas reserves in the world ?
30 / 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) ?
31 / 50
When economists talk about developing countries experiencing flight of capital they mean?
32 / 50
What is Euro ?
33 / 50
Credit risk refers to a bond?s ?
34 / 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 ?
35 / 50
Latent functions of government include_______________?
36 / 50
The public sector_________________?
37 / 50
Which does the government not control directly ?
38 / 50
Which statement is an example of stereotyping ?
39 / 50
According to the supply side of the vicious circle theory of development a country is poor because ?
40 / 50
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 ?
41 / 50
Free port is ?
42 / 50
In Pakistan what is the yield of sugarcane ?
43 / 50
All of the following are high income countries except ?
44 / 50
Economic sanctions?
45 / 50
Net investment is___________________?
46 / 50
Cultural universals include ?
47 / 50
A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?
48 / 50
Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?
49 / 50
The term technology refers to______________?
50 / 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?
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