Economics Quiz 13

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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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