Economics Quiz 19

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Economics Quiz 19

1 / 50

The United States government began to function in_______________?

2 / 50

According to Marx which group constituted a ruling elite ?

3 / 50

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

4 / 50

The law of diminishing returns assumes ?

5 / 50

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

6 / 50

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

7 / 50

Stratification occurs societies that have a____________?

8 / 50

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

9 / 50

Psychology deals with_________________?

10 / 50

The term Mark-up refers to________________?

11 / 50

A welfare loss occurs in monopoly where ?

12 / 50

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

13 / 50

Intra-industry trade theory ?

14 / 50

Meads work in New Guinea indicated that__________________?

15 / 50

The multiplier accelerator model assumes ____ depends on ______?

16 / 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 ?

17 / 50

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

18 / 50

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

19 / 50

Maturation for humans involves ?

20 / 50

Kharif crops include ?

21 / 50

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

22 / 50

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

23 / 50

The ideology of ageism__________________?

24 / 50

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

25 / 50

Biodiversity ?

26 / 50

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

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

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

31 / 50

The ?feminization of poverty ? refers to________________?

32 / 50

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

33 / 50

What is called the reduction in the rate of a currency

34 / 50

Disguised unemployed is?

35 / 50

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

36 / 50

Inflation means ?

37 / 50

Labor skills are a major component of ?

38 / 50

When marginal costs are below average total costs ?

39 / 50

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

40 / 50

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

41 / 50

According to the Principle of absolute advantage Japan should ?

42 / 50

The effective rate of protection ?

43 / 50

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

44 / 50

Trade name is ?

45 / 50

Foreign trade ?

46 / 50

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

47 / 50

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

48 / 50

What was the second chicken producing country ?

49 / 50

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

50 / 50

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

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