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Economics Quiz 3

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Economics Quiz 3

1 / 50

Which country produced the second most rubber ?

2 / 50

The failure of rising expectations is related to______________?

3 / 50

Refer to Exhibit 4. If there is no tax placed on the product in this market total surplus is the area ?

4 / 50

The Benazir Benefit income Scheme is a good example of ?

5 / 50

Who really owns the corporation? the_________________?

6 / 50

All systems of stratification display the following characteristics except_________________?

7 / 50

When a new nation is formed ?

8 / 50

Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?

9 / 50

Industrial societies are based on____________?

10 / 50

Two countries can gain from foreign trade if ?

11 / 50

Those who hold the classical view of the labor market are likely to believe that ?

12 / 50

Total ?laissez-faire? is impossible because________________?

13 / 50

Power is legitimate if_________________?

14 / 50

If a Big Mac hamburger sells for the same dollar value in New York as in London then ?

15 / 50

perfect international capital mobility suggests that international funds will be responsive to ________ differentials?

16 / 50

The result of antidumping tariffs is to ?

17 / 50

Which of the following must be true about a signal that is used to reveal private information in order for the signal to be effective ?

18 / 50

Which of the following countries is the leading producer of rice in the world ?

19 / 50

Which example of market expectations causes the dollar to appreciate against the yen? expectations that the U.S economy will have ?

20 / 50

The Indus Water Treaty was mediated by ?

21 / 50

The openly unemployed in LDCs are usually from all of the following except ?

22 / 50

In the absence of trade, Canada?s equilibrium price and quantity equal ?

23 / 50

The stages of the demographic transition model are_________________?

24 / 50

Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

25 / 50

The hypothesis is a statement of_____________?

26 / 50

Organization differ from institutions in that________________?

27 / 50

The shorter the ______ pass through period the ______ the desirable BOT effects of evaluation on quantities traded will appear ?

28 / 50

What is Demand note ?

29 / 50

_______ is quoted as saying that everyone lives by selling something?

30 / 50

?The largest group of people inhabiting a specific territory and sharing a common culture?is a definition of a_____________?

31 / 50

A sudden shift from import tariffs to free trade may induce short-term unemployment in ?

32 / 50

Public goods are difficult for a private market to provide due to ?

33 / 50

There is no conclusive evidence that differences in the behavior of the two genders are due to______________?

34 / 50

By restricting labor supply a trade union can _____ and _______?

35 / 50

ocial change must be analyzed in terms of________________?

36 / 50

It is fairly certain that male and female brains________________?

37 / 50

Term a country?s decision to tie the value of its currency to another country?s currency gold or a basket of currencies ?

38 / 50

In monopolistic competition firms profit maximize where ?

39 / 50

In the short run unemployment may fall below the natural rate of unemployment if ?

40 / 50

A comparison of Japan?s policies before 1945 with the policies in effect after 1945 indicates that______________?

41 / 50

-7-+47-+45-+-+Since people respond to incentives, we would expect that if the average salary of accountants increases by 50% while the average salary of teachers increase by 20% then ?

42 / 50

The goal of integrated pest management (IPT) is to?

43 / 50

When the decrease in the price of one good causes the demand for another good to decrease, the goods are_________?

44 / 50

Male dominance is expressed_____________________?

45 / 50

For the first time since World War I, in the mid-1980s the United States became a net international ?

46 / 50

Which is an example of a pivotal social institution ?

47 / 50

The substitution effect of a rise in the price of labour will ____ the quantity of labour and the output, effect will ____ it

48 / 50

Urban families everywhere in the world_________________?

49 / 50

In evaluating messages for advertising telling how the product is better than the competing brands aims at making the ad ?

50 / 50

If marginal costs equal average total costs ?

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