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