Economics Quiz 19
1 / 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 ?
2 / 50
When marginal costs are below average total costs ?
3 / 50
Metropolitan areas with a population of 1 million or more are called_______________?
4 / 50
Biodiversity ?
5 / 50
A _____ is a good offered either free or at low cost as an incentive to buy a product ?
6 / 50
Foreign trade ?
7 / 50
The highest grade of coal whose surface is shining and has the highest calorific value is ?
8 / 50
Economic system in which the government owns and controls the means of production to benefit all the people is called ?
9 / 50
Psychology deals with_________________?
10 / 50
Trade name is ?
11 / 50
If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?
12 / 50
The asset market approach views exchange rates as being determined mainly by ?
13 / 50
The term Mark-up refers to________________?
14 / 50
National Arid-land Development and Research Institute (NADRI) is at ?
15 / 50
Which type of forest covers the highest percentage of forest area in the world ?
16 / 50
What growth rate was witnessed in agriculture sector last fiscal year ?
17 / 50
Inflation means ?
18 / 50
Which of the following is NOT true about children in a peasant society ?
19 / 50
According to Marx which group constituted a ruling elite ?
20 / 50
Short-run equilibrium output means that aggregate demand __________ actual output?
21 / 50
Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?
22 / 50
Quoted bid or highest price on inventor in willing to pay to buy a security is called ?
23 / 50
The ideology of ageism__________________?
24 / 50
Kharif crops include ?
25 / 50
The law of diminishing returns assumes ?
26 / 50
Joining with foreign companies to produce or market products and services is called ?
27 / 50
The effective rate of protection ?
28 / 50
What is not a feature of the EU as a single market ?
29 / 50
If both marginal cost and marginal revenue increase, a firm ?
30 / 50
What is called the reduction in the rate of a currency
31 / 50
All of the following are potential advantages of an international joint venture except ?
32 / 50
The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?
33 / 50
Meads work in New Guinea indicated that__________________?
34 / 50
Disguised unemployed is?
35 / 50
Labor skills are a major component of ?
36 / 50
The ?feminization of poverty ? refers to________________?
37 / 50
Term the authorization whether written or electronic, that shareholders? votes may be cast by others ?
38 / 50
The record of country?s imports and exports of goods and services is called its ?
39 / 50
Which of the following firms has the least incentive to advertise ?
40 / 50
The United States government began to function in_______________?
41 / 50
Stratification occurs societies that have a____________?
42 / 50
A welfare loss occurs in monopoly where ?
43 / 50
Which groups are hardest hit by the death of a spouse ?
44 / 50
The multiplier accelerator model assumes ____ depends on ______?
45 / 50
To increase growth, governments should do all of the following except ?
46 / 50
What was the second chicken producing country ?
47 / 50
What could a government do to correct the current account deficit ?
48 / 50
Intra-industry trade theory ?
49 / 50
Maturation for humans involves ?
50 / 50
According to the Principle of absolute advantage Japan should ?
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