Economics Quiz 19

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Economics Quiz 19

1 / 50

According to Marx which group constituted a ruling elite ?

2 / 50

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

3 / 50

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

4 / 50

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

5 / 50

When marginal costs are below average total costs ?

6 / 50

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

7 / 50

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

8 / 50

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

9 / 50

What is called the reduction in the rate of a currency

10 / 50

Disguised unemployed is?

11 / 50

Foreign trade ?

12 / 50

The effective rate of protection ?

13 / 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 ?

14 / 50

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

15 / 50

Trade name is ?

16 / 50

According to the Principle of absolute advantage Japan should ?

17 / 50

What was the second chicken producing country ?

18 / 50

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

19 / 50

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

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

The ?feminization of poverty ? refers to________________?

22 / 50

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

23 / 50

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

24 / 50

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

25 / 50

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

26 / 50

The ideology of ageism__________________?

27 / 50

Psychology deals with_________________?

28 / 50

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

29 / 50

Kharif crops include ?

30 / 50

A welfare loss occurs in monopoly where ?

31 / 50

Maturation for humans involves ?

32 / 50

The term Mark-up refers to________________?

33 / 50

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

34 / 50

Meads work in New Guinea indicated that__________________?

35 / 50

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

36 / 50

Labor skills are a major component of ?

37 / 50

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

38 / 50

Stratification occurs societies that have a____________?

39 / 50

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

40 / 50

Inflation means ?

41 / 50

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

42 / 50

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

43 / 50

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

44 / 50

Biodiversity ?

45 / 50

The United States government began to function in_______________?

46 / 50

The law of diminishing returns assumes ?

47 / 50

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

48 / 50

Intra-industry trade theory ?

49 / 50

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

50 / 50

The multiplier accelerator model assumes ____ depends on ______?

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