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Economics Quiz 11

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Economics Quiz 11

1 / 50

Young couples who have children very soon after marriage_______________?

2 / 50

What is called the amount of non-military foreign aid which a country received ?

3 / 50

The U.S has granted China permanent most favored nation treatment (normal trade relations) This means that the tariff schedules which apply to U.S imports from china ?

4 / 50

The research on an isolated Amazon tribe______________?

5 / 50

An industry that has a relatively small number of firms that dominate the market is called ?

6 / 50

If a price increase of good A increases the quantity demanded of good B, then good B is a________________?

7 / 50

What is the cost effective ?

8 / 50

Marriage is_________________?

9 / 50

A fixed exchange rate, plus perfect capital mobility ________ the scope for monetary policy ?

10 / 50

Factors in the decline of the marriage rate include__________________?

11 / 50

The largest of the world regions containing 44 countries is_____________?

12 / 50

Which of the following is not required while computing Gross National Product (GNP) ?

13 / 50

Theology is_______________?

14 / 50

Should international transportation costs decrease the effect on international trade would include a (an) ?

15 / 50

If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 the average propensity to consume is what ?

16 / 50

Critiques of bureaucratic forms of business administration argue that_____________?

17 / 50

If the daughter of a factory worker wants to become the president of the company for which her father works we may assume that______________?

18 / 50

One of the functions of public policy is to________________?

19 / 50

The high cost of fighting crime is due in large part to_______________?

20 / 50

People who are important in shaping your self-concept and whose approval you wish to have are_____________?

21 / 50

Keynes suggested that decisions to consume and save were based on ?

22 / 50

The budget deficit tends to decrease then ?

23 / 50

The processes of cultural change include______________?

24 / 50

Aggregate demand will increase if ?

25 / 50

The transition from rural living to city living occurred because_______________?

26 / 50

Currency speculation is _____ if speculators bet against market forces that cause exchange fluctuations, thus moderating such fluctuations ?

27 / 50

Resources are defined as___________________?

28 / 50

The average CEO?s salary in 2005 was______________?

29 / 50

Pakistan?s largest food crop is ?

30 / 50

The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?

31 / 50

LDCs are reluctant to pursue development through the export of primary products because of ____ and _____ ?

32 / 50

Which of the following would likely cause the greatest deadweight loss ?

33 / 50

If workers and firms agree on an increase in wages based on their expectations of inflation and inflation turns out to be more than they expected ?

34 / 50

If A forms a customs union with B, A will import ?

35 / 50

That the company that overlooks new and better ways to do things will eventually lose customers to another company that has found a better way to serving customer needs is a major tenet of ?

36 / 50

A measurement showing how quantity demanded varies with income is the ?

37 / 50

IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

38 / 50

The federal system has worked particularly well in_________________?

39 / 50

A widely used indicator to differentiate developed countries from developing countries is ?

40 / 50

Keynesian economics is an economic theory of British economist John Maynard. What this theory states ?

41 / 50

Efficiency in economic terminology means________________?

42 / 50

Crowds may engage in unpredictable behavior because_______________?

43 / 50

In 1971, most countries ?

44 / 50

The burden of a tax falls more heavily on the sellers in a market when ?

45 / 50

When actual inflation exceeds expected inflation ?

46 / 50

?Laissez-faire? is a policy that appeals to_______________?

47 / 50

The debt-service ratio is the______________?

48 / 50

Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank?s screening process The above statement applies to ?

49 / 50

Which society lacks social classes totally ?

50 / 50

Which mineral?s chief exporter is Russia?

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