Economics Quiz 87
1 / 50
The difference in the three most prevalent economic systems lies in how ?
2 / 50
Which of the following information forms available to the marketing manager can usually be accessed more quickly and cheaply than other information sources ?
3 / 50
To adjust GDP from market prices to factor cost ?
4 / 50
A firm whose average total cost continually declines at least to the quantity that could supply the entire market is known as a ?
5 / 50
Time lags which often erode effectiveness of monetary and fiscal policy measures represent ?
6 / 50
What would cause a country?s exchange rate to fall ?
7 / 50
A supply curve that starts at the origin has ?
8 / 50
All religions once established consist of_________________?
9 / 50
Norms are_______________?
10 / 50
Ideologies____________?
11 / 50
According to French philosopher Jean-Jacques Rousseau the state emerged_______________?
12 / 50
An example of a temporary subculture would be_______________?
13 / 50
Balance of payments of a country includes ?
14 / 50
Cults differ from sects in that______________?
15 / 50
When excess demand occurs in an unregulated market, there is a tendency for ?
16 / 50
Which elements are affected by pollution ?
17 / 50
It may be said that the three branches of government________________?
18 / 50
Advocates of industrial policy maintain that government should ?
19 / 50
According to economists, economic self-interest:
20 / 50
Primary deviance______________?
21 / 50
The motive for holding money that encourages investors to hold bonds when interest rates are low, with the hope of selling them when interest rates are high, is the ?
22 / 50
According to the Marshall-Lerner condition if a country?s currency depreciates its trade balance will worsen if ?
23 / 50
The rationalization for having capital punishment is that_______________?
24 / 50
A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?
25 / 50
In aukarky, when a community maximizes its standard of living, its production and consumption point is ?
26 / 50
Vertical equity holds that ?
27 / 50
The marginal revenue curve in monopoly ?
28 / 50
Under which of the following conditions would you prefer to be the lender ?
29 / 50
Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?
30 / 50
When the supply and demand curves intersect the final lasting price is achieved This is called_____________?
31 / 50
In monopolistic competition of firms are making abnormal profit other firms will enter and ?
32 / 50
In the American political system_____________?
33 / 50
Zero population growth______________?
34 / 50
Rasul headworks was constructed on the river ?
35 / 50
Proposed political party reforms in the U.S include_____________?
36 / 50
A minority group consists of______________?
37 / 50
The policy that has been the most successful in increasing agricultural output in developing countries is ?
38 / 50
Another name for cultural transmission theory is______________?
39 / 50
Differences in wages that result from differences in working conditions are known as ?
40 / 50
The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?
41 / 50
A government might use tax to ?
42 / 50
What is the ratio of population density of developing countries to the population of developed countries ?
43 / 50
The main export items of the country are crop cotton and?
44 / 50
Which of the following can be used for check inflation temporarily ?
45 / 50
Scientists start an investigation with by________________?
46 / 50
Irreversibility refers to ?
47 / 50
An increase in the budget deficit will ?
48 / 50
Which of the following is not TRUE about unemployed in LDCs ?
49 / 50
Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate World?s maximum production of wheat is obtained from ?
50 / 50
What percent of total work hours must be used to fix errors that occur on the assembly line in mass-production plants ?
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