Economics Quiz 83
1 / 50
Possibility of negative events or changes in the business climate of country is called?
2 / 50
What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 ? 1984 ?
3 / 50
Devaluation means ?
4 / 50
The idea that the demand for car workers stems from the demand for cars is ?
5 / 50
Norms are essentially ?
6 / 50
Social movements never_________________?
7 / 50
If two jobs require the same amount of skills and experience the job that pays the most is most likely to be the one that is ?
8 / 50
The manifest functions of government include________________?
9 / 50
The main reason why land reform increase agricultural output is that is ?
10 / 50
In the perspective of realism ?high politics? refers to________________?
11 / 50
Pakistan is the _________ largest Date Palm Producer country in the world?
12 / 50
The system under which a country?s currency is exchangeable for a fixed weight of gold on demand at central bank is called ?
13 / 50
?Personal space is defined differently in different societies Therefore we can say that_____________?
14 / 50
Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?
15 / 50
The formula for the Laspeyres price index is (o is the base year and n is the given year) ?
16 / 50
Among the causes of violence the most probable is/are___________________?
17 / 50
Second- and third-generation immigrants failed to melt in the melting pot because of_______________?
18 / 50
Some of the advantages of a market economy include ?
19 / 50
Firms are assumed to ________ costs and to ________ profits?
20 / 50
An increase in the money supply aimed at increasing aggregate output is referred to as ?
21 / 50
Which of the following is included in broad money, but not included in narrow money ?
22 / 50
Marketers are sometimes accused of deceptive practices that lead consumers to believe they will get more value than they actually do. _____ includes practices such as falsely advertising factory of wholesale prices or a large price reduction from a phony high retail price ?
23 / 50
OPEC is the ?
24 / 50
For the United States, commercial jetliners are ?
25 / 50
Lower interest rates are likely to ?
26 / 50
Land labor capital and entrepreneurship are called__________________?
27 / 50
To reduce the supply of money the government could ?
28 / 50
Political power_______________?
29 / 50
The functional distribution of income shows how national income is divided between ?
30 / 50
when a market is in equilibrium ?
31 / 50
An increase in the minimum wage will cause a relatively large increase in unemployment among ?
32 / 50
The economists who emphasised wage flexibility as a solution for unemployment were ?
33 / 50
Referring to the above, the embargo was mainly resisted by ?
34 / 50
M4 is a __________ measure of money and includes deposits at both __________ and _________?
35 / 50
A major weakness of the kinked demand curve model of oligopoly is that ?
36 / 50
Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?
37 / 50
Reform movements________________?
38 / 50
Products of the economy used in production as opposed to gifts of nature are______________?
39 / 50
The type of foreign policy decisions made by the governmental bureaucracy fall into the category of_______________?
40 / 50
Which country is the chief exporter of Tin ?
41 / 50
A counterculture ?
42 / 50
Symbolic interaction ism functionalism conflict feminism exchange are_____________?
43 / 50
Traditional autocracy has been replaced by________________?
44 / 50
A tax on imports exports, or consumption goods is called ?
45 / 50
Which one of the following is the main cash crop of Pakistan ?
46 / 50
Need and demand________________?
47 / 50
Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?
48 / 50
If some gain and some lose as the result of a proposed change and it can be demonstrated that the value of the gains would exceed the value of the losses then the change is said to be ?
49 / 50
Which country is the biggest producer of mercury in the world ?
50 / 50
A recession is ?
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