Economics Quiz 19

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Economics Quiz 19

1 / 50

According to Marx which group constituted a ruling elite ?

2 / 50

What was the second chicken producing country ?

3 / 50

The term Mark-up refers to________________?

4 / 50

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

5 / 50

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

6 / 50

Inflation means ?

7 / 50

The effective rate of protection ?

8 / 50

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

9 / 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 ?

10 / 50

What is called the reduction in the rate of a currency

11 / 50

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

12 / 50

Trade name is ?

13 / 50

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

14 / 50

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

15 / 50

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

16 / 50

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

17 / 50

Intra-industry trade theory ?

18 / 50

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

19 / 50

Maturation for humans involves ?

20 / 50

When marginal costs are below average total costs ?

21 / 50

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

22 / 50

Meads work in New Guinea indicated that__________________?

23 / 50

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

24 / 50

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

25 / 50

Kharif crops include ?

26 / 50

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

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

Labor skills are a major component of ?

31 / 50

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

32 / 50

Psychology deals with_________________?

33 / 50

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

34 / 50

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

35 / 50

The multiplier accelerator model assumes ____ depends on ______?

36 / 50

Foreign trade ?

37 / 50

A welfare loss occurs in monopoly where ?

38 / 50

The United States government began to function in_______________?

39 / 50

The ideology of ageism__________________?

40 / 50

The law of diminishing returns assumes ?

41 / 50

Stratification occurs societies that have a____________?

42 / 50

According to the Principle of absolute advantage Japan should ?

43 / 50

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

44 / 50

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

45 / 50

Biodiversity ?

46 / 50

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

47 / 50

The ?feminization of poverty ? refers to________________?

48 / 50

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

49 / 50

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

50 / 50

Disguised unemployed is?

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