Economics Quiz 28
1 / 50
Refer to Figure 24-1 What is the value of the basket in the base year ?
2 / 50
The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?
3 / 50
Which is the largest cotton producing country in the world ?
4 / 50
Most autocratic regimes have constitutions based on the principle of the_________?
5 / 50
Rate of growth of an economy is measured in terms of________________?
6 / 50
Tax incidence is the ?
7 / 50
A tariff______________?
8 / 50
Which statement is false regarding prejudice ?
9 / 50
A reduction of the ozone layer in the upper atmosphere leads to_____________?
10 / 50
Socialization involves the use of which process to turn a ?horde of barbarians? into productive human beings ?
11 / 50
A free rider is a person who ?
12 / 50
To help its firms penetrate Mexico?s radio market suppose the Japanese government provides them a subsidy of $15 for each radio shipped to Mexico As a result of this trade policy ?
13 / 50
If the US economy is forecast to come out of recession because military expenditure has increase then the exchange value of the UK pound will tend to ?
14 / 50
Assume identical interest rates on comparable securities in the United States and foreign countries. Suppose investors anticipate that in the future the U.S dollar will depreciate against foreign currencies. investment funds would tend to ?
15 / 50
What is more likely to be found in a free market economy than in a planned economy ?
16 / 50
A person who is made redundant because of the contraction of an industry is a victim of ?
17 / 50
The negative functions of interest groups include_______________?
18 / 50
Which of the following is not a macroeconomic issue ?
19 / 50
The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?
20 / 50
The Department of Health and Human Services has summarized the ?correct? mix of goods and services through ?
21 / 50
If a government were to fix a minimum wage for adult workers, economists would predict ?
22 / 50
Name the price at which the issuer of a bond may retire part of the pond at a specified call date ?
23 / 50
To try to overcome the free rider problem, the members of EMU signed ?
24 / 50
When all of the debit or credit items in the balance of payments are combined ?
25 / 50
It is true of the population of the United States that_________________?
26 / 50
Suppose all banks maintain a 100 percent reserve ratio. If an individual deposits Rs 1,000 of currency in a bank ?
27 / 50
Which of the following statements regarding the impact of population growth on productivity is true ?
28 / 50
Which of the following would not cause a shift in the long-run aggregate supply curve ?
29 / 50
Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________?
30 / 50
The first census in Pakistan was held in ?
31 / 50
Which of the following statements is correct ?
32 / 50
The In suppliers are most likely to get nervous and feel pressure to put their best foot forward in which of the following types of buying situations ?
33 / 50
For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?
34 / 50
If A imposes a per unit tariff of $10 on imports from both B and C A will import ?
35 / 50
What is sales tax_____________?
36 / 50
Based on the 2010 population survey four of the five most populous countries include ?
37 / 50
Which is the most important crop of the Nile delta ?
38 / 50
Which province of Pakistan is the largest rice producing province ?
39 / 50
The appropriate tax rate to consider gauging how much the tax system distorts incentives and decision making is the ?
40 / 50
The effect of a tax to offset a negative externality will be to ____ price and ______ quantity?
41 / 50
Moral control________________?
42 / 50
With _______ prices rise in the first sector, remain the same in the second and increase overall?
43 / 50
A low incidence of crime is more characteristic of________________?
44 / 50
The unraveling of soviet communism can be traced to______________?
45 / 50
Nomboli is formulated for the control of ?
46 / 50
Which women are most likely to report feeling unhappy after their divorce ?
47 / 50
Coginitive dissonance occurs in which stage of the buyer decision process model ?
48 / 50
If Hong Kong and Taiwan have identical production possibilities curves that are subject to increasing opportunity costs ?
49 / 50
When one culture borrows traits from another culture the borrowing culture tends to be________________?
50 / 50
A police office follows a speeding car and when the car finally stops she is horrified to discover her husband at the wheel in giving him a ticket she experiences______________?
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