Economics Quiz 53

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Economics Quiz 53

1 / 50

What is Euro ?

2 / 50

All of the following are high income countries except ?

3 / 50

Banks create money by ?

4 / 50

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

5 / 50

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

6 / 50

Net investment is___________________?

7 / 50

In industrial societies consumption ?

8 / 50

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

9 / 50

Social scientists________________?

10 / 50

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

11 / 50

The presidents most important role is as_______________?

12 / 50

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

13 / 50

Credit risk refers to a bond?s ?

14 / 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 ?

15 / 50

Cultural universals include ?

16 / 50

Net National Product equals ?

17 / 50

Economic sanctions?

18 / 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 ?

19 / 50

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

20 / 50

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

21 / 50

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

22 / 50

Change may be experienced at which level ?

23 / 50

Most population experts_______________?

24 / 50

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

25 / 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 ?

26 / 50

Which does the government not control directly ?

27 / 50

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

28 / 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) ?

29 / 50

Latent functions of government include_______________?

30 / 50

Which statement is False ?

31 / 50

It is true of science that_______________?

32 / 50

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

33 / 50

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

34 / 50

In the long run in perfect competition ?

35 / 50

In the social sciences discrimination as a concept means_________________?

36 / 50

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

37 / 50

What is the period of Rabi season ?

38 / 50

if demand is price inelastic ?

39 / 50

Marginal revenue is the ________ when output is __________?

40 / 50

Which statement is an example of stereotyping ?

41 / 50

A case study is most useful when ____________?

42 / 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?

43 / 50

Free port is ?

44 / 50

The public sector_________________?

45 / 50

Agriculture in industrial nations is now based on_________________?

46 / 50

Which of the following is an example of equity finance ?

47 / 50

The term technology refers to______________?

48 / 50

In Pakistan what is the yield of sugarcane ?

49 / 50

Agents of socialization consist of_______________?

50 / 50

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

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