Economics Quiz 19

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Economics Quiz 19

1 / 50

A welfare loss occurs in monopoly where ?

2 / 50

Disguised unemployed is?

3 / 50

Psychology deals with_________________?

4 / 50

According to the Principle of absolute advantage Japan should ?

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

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

7 / 50

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

8 / 50

According to Marx which group constituted a ruling elite ?

9 / 50

Meads work in New Guinea indicated that__________________?

10 / 50

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

11 / 50

Kharif crops include ?

12 / 50

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

13 / 50

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

14 / 50

Maturation for humans involves ?

15 / 50

The effective rate of protection ?

16 / 50

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

17 / 50

When marginal costs are below average total costs ?

18 / 50

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

19 / 50

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

20 / 50

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

21 / 50

Trade name is ?

22 / 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 ?

23 / 50

Stratification occurs societies that have a____________?

24 / 50

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

25 / 50

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

26 / 50

The ?feminization of poverty ? refers to________________?

27 / 50

Labor skills are a major component of ?

28 / 50

The term Mark-up refers to________________?

29 / 50

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

30 / 50

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

31 / 50

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

32 / 50

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

33 / 50

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

34 / 50

Biodiversity ?

35 / 50

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

36 / 50

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

37 / 50

The multiplier accelerator model assumes ____ depends on ______?

38 / 50

What was the second chicken producing country ?

39 / 50

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

40 / 50

Inflation means ?

41 / 50

What is called the reduction in the rate of a currency

42 / 50

The law of diminishing returns assumes ?

43 / 50

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

44 / 50

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

45 / 50

The United States government began to function in_______________?

46 / 50

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

47 / 50

Intra-industry trade theory ?

48 / 50

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

49 / 50

The ideology of ageism__________________?

50 / 50

Foreign trade ?

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