Economics Quiz 13
1 / 50
Which of the following is not a reason why some workers are paid above the equilibrium wage ?
2 / 50
As prices rise, there will be costs of constantly changing price-tags and reprinting price-lists This is called ?
3 / 50
The record of a county?s transfers of shareholding property and bank deposits to and from abroad is called its ?
4 / 50
The model in urban ecology that stresses distance of residence from central business based on social class is the_________________?
5 / 50
The transition from a charismatic religious leaders direct example to routine procedures and observances is called______________?
6 / 50
If the economy grows the government?s budget position will automatically ?
7 / 50
An increase in the price of a good along a stationary supply curve______________?
8 / 50
If a market generates a side effect or externlity then free market solutions ?
9 / 50
Cultural change is always________________?
10 / 50
Rapid increase in the price level during periods of recession of high unemployment are known as ?
11 / 50
The high divorce rate in industrial societies related to______________?
12 / 50
Pakistan is the _____largest Oranges Producer country in the world ?
13 / 50
The condition of an increase in prices NOT triggered by an increase in demand is called_______________?
14 / 50
Income received by firms from sources other than households is called_________________?
15 / 50
To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?
16 / 50
Which of the following is a correct statement about the relationship between average product (AP) and marginal product (MP) ?
17 / 50
Change felt through new patterns of individual and small-group interaction is called_______________?
18 / 50
If the EU imposes a quota on the importing of clothing produced in China, so reducing UK imports of clothing Which of the following is true regarding the market for foreign currency exchange ?
19 / 50
What is the total length of canals in Pakistan ?
20 / 50
Which of the follow statements about price discrimination is not true ?
21 / 50
In Erikson?s system each of the stages present the individual with________________?
22 / 50
If interest rates rise then costs are likely to _______ and demand is likely to _________?
23 / 50
Government policies that focus on changing interest rates are called ?
24 / 50
The opportunity cost of acquiring education is ?
25 / 50
In balance of payments accounting tourism and travel are classified in the ?
26 / 50
The exchange system is based on_______________?
27 / 50
A tariff-rate quota is essentially a ?
28 / 50
Open Market Operations occur when the government ?
29 / 50
Which of the following does not help reduce the risk that people face ?
30 / 50
The organization that currently establishes rules of conduct for firms engaging in international trade is the ?
31 / 50
A significant increase in the government budget deficit is likely to ?
32 / 50
What is meant by an objective ?
33 / 50
The biggest producer of Uranium in the world is ?
34 / 50
A strong predictive factor of becoming an abusive parent is________________?
35 / 50
If the price in a market is fixed by the government below equilibrium ?
36 / 50
The system of distributing political power between a central national government and the governments of the geographical regions of the nation is called ?
37 / 50
Which of the following countries is the leading producer of wheat ?
38 / 50
What is meant by excise?
39 / 50
Which of the following is not a reason why the aggregate demand curve slopes downward ?
40 / 50
When the period of Kharif crop starts and when ends ?
41 / 50
A minimum wage law tends to ?
42 / 50
An increase in the budget surplus ?
43 / 50
Dual economies are countries ?
44 / 50
A dual economy is distinguished from other economies by having ?
45 / 50
By using fiscal policy, i (e) varying ______ and/or _____ governments achieve goals for output and employment growth as well as price stability?
46 / 50
A subsidy paid to producers ?
47 / 50
The small number of black managers and coaches in professional baseball and football is an example of________________?
48 / 50
Which of the following was not a classical economist ?
49 / 50
Credit (-) items in the balance of payments correspond to anything that ?
50 / 50
As the MPS increases the multiplier will ?
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