Economics Quiz 19

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Economics Quiz 19

1 / 50

When marginal costs are below average total costs ?

2 / 50

The United States government began to function in_______________?

3 / 50

Biodiversity ?

4 / 50

According to Marx which group constituted a ruling elite ?

5 / 50

The law of diminishing returns assumes ?

6 / 50

Which groups are hardest hit by the death of a spouse ?

7 / 50

Quoted bid or highest price on inventor in willing to pay to buy a security is called ?

8 / 50

The multiplier accelerator model assumes ____ depends on ______?

9 / 50

What is called the reduction in the rate of a currency

10 / 50

The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?

11 / 50

Term the authorization whether written or electronic, that shareholders? votes may be cast by others ?

12 / 50

Maturation for humans involves ?

13 / 50

Disguised unemployed is?

14 / 50

Intra-industry trade theory ?

15 / 50

If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?

16 / 50

The ideology of ageism__________________?

17 / 50

Kharif crops include ?

18 / 50

Joining with foreign companies to produce or market products and services is called ?

19 / 50

Metropolitan areas with a population of 1 million or more are called_______________?

20 / 50

Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?

21 / 50

A _____ is a good offered either free or at low cost as an incentive to buy a product ?

22 / 50

The record of country?s imports and exports of goods and services is called its ?

23 / 50

According to the Principle of absolute advantage Japan should ?

24 / 50

The effective rate of protection ?

25 / 50

Foreign trade ?

26 / 50

Inflation means ?

27 / 50

What was the second chicken producing country ?

28 / 50

Short-run equilibrium output means that aggregate demand __________ actual output?

29 / 50

A welfare loss occurs in monopoly where ?

30 / 50

All of the following are potential advantages of an international joint venture except ?

31 / 50

What growth rate was witnessed in agriculture sector last fiscal year ?

32 / 50

Labor skills are a major component of ?

33 / 50

Meads work in New Guinea indicated that__________________?

34 / 50

The asset market approach views exchange rates as being determined mainly by ?

35 / 50

National Arid-land Development and Research Institute (NADRI) is at ?

36 / 50

Which type of forest covers the highest percentage of forest area in the world ?

37 / 50

What could a government do to correct the current account deficit ?

38 / 50

Trade name is ?

39 / 50

Stratification occurs societies that have a____________?

40 / 50

Which of the following is NOT true about children in a peasant society ?

41 / 50

To increase growth, governments should do all of the following except ?

42 / 50

Psychology deals with_________________?

43 / 50

The term Mark-up refers to________________?

44 / 50

What is not a feature of the EU as a single market ?

45 / 50

In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

46 / 50

The highest grade of coal whose surface is shining and has the highest calorific value is ?

47 / 50

The ?feminization of poverty ? refers to________________?

48 / 50

Which of the following firms has the least incentive to advertise ?

49 / 50

Economic system in which the government owns and controls the means of production to benefit all the people is called ?

50 / 50

If both marginal cost and marginal revenue increase, a firm ?

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