Economics Quiz 84
1 / 50
Suppose the economy is initially is long run equilibrium Then suppose there is a drought that destroys much of the wheat crop According to the model of aggregate demand and aggregate supply, what happens of prices and output in the short run ?
2 / 50
The number of births in a population in relation to every 1000 women of childbearing age in a year is called the________________?
3 / 50
hich of the following is not a property required of a perfect voting system ?
4 / 50
People are said to have rational expectations if they ?
5 / 50
The main purpose of a political party in a democracy is to________________?
6 / 50
Women are a minority group insofar as_______________?
7 / 50
The law of demand states that an increases in the price of a good ?
8 / 50
Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
9 / 50
What was the top buffalo producing country ?
10 / 50
The greatest problem with capital punishment is that________________?
11 / 50
In animism_______________?
12 / 50
Because of the J curve effect and partial currency pass through, a depreciation of the domestic currency tends to increase the size of a ?
13 / 50
A firm in a monopolistically competitive industry ?
14 / 50
In a portfolio investment ?
15 / 50
The domestic requirement of oil seed has almost doubled during the last?
16 / 50
Adam smith?s invisible hand concept suggests that a competitive market outcome ?
17 / 50
What is the total population of Nauru ?
18 / 50
A number of social commentator?s fear that having become a nation of hyphenated Americans ?
19 / 50
A fiscal expansion in the UK ?
20 / 50
The term ?Neo-Freudian ?refers to__________________?
21 / 50
A monopolistically competitive firm that is incurring a loss will produce as long as the price that the firm charges is sufficient to cover ?
22 / 50
The agreements that were reached at the Bretton Woods conferences in 1944 established a system ?
23 / 50
The costs of inflation are ?
24 / 50
Forests and rangelands support 30 million herds of livestock. How much amount this livestock contributes to Pakistan?s annual export earnings ?
25 / 50
All but WHICH of the following characteristics of humans led to the development of science ?
26 / 50
In monopoly which of the following is true ?
27 / 50
Social systems are based on_______________?
28 / 50
A social system_____________?
29 / 50
Daniel Bell has called the newly emerging from of society ?
30 / 50
Which of the following statements is true ?
31 / 50
If a nation has an open economy it means that the nation ?
32 / 50
All of the following would tend to increase a worker?s wage except ?
33 / 50
Purchasing power parity exchange rates are used to ?
34 / 50
For a competitive firm, its short run supply curve is ______ and its long run supply curve is _____?
35 / 50
A market in which prices are in an upward trend is known as ?
36 / 50
If people with higher incomes pay a higher percentage of income in taxes, the income tax structure is ?
37 / 50
Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?
38 / 50
Leakages from the circular flow are _________ and __________?
39 / 50
What is Debt retirement______________?
40 / 50
A reflationary (expansionist) fiscal policy could include ?
41 / 50
The economics the central problem is ?
42 / 50
Which of the following countries lead in the production of chromites in the world ?
43 / 50
When the Indus Water Treaty was signed ?
44 / 50
If labour productivity per week is 200 units and there are 5 employees what is the total output ?
45 / 50
The biological explanations of deviance include____________?
46 / 50
What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?
47 / 50
In a free market system rationing occurs when there are increases in ?
48 / 50
The five pivotal institutions are__________________?
49 / 50
What kind of a system is the economic institution ?
50 / 50
Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?
Provide Your Information
Your score is
The average score is 0%
Restart quiz
