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Economics Quiz 32

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Economics Quiz 32

1 / 50

If the real wage is too high in the labour market ?

2 / 50

Conflict_______________?

3 / 50

When economists say that developing countries have a dualistic economy the 2 parts referred to are ?

4 / 50

If one person?s enjoyment of the benefits of a good does not interfere with another?s consumption of it, the good is said to be ?

5 / 50

If there is an increase in the price of apples which causes consumers to purchase fewer kilograms of apples and more kilograms of oranges, the CPI will suffer from ?

6 / 50

Specialized division of labor in industrial societies can make workers feel that they_______________?

7 / 50

What is the annual average growth rate of agriculture in last decade ?

8 / 50

The fact that pizza is now a popular American food is due to________________?

9 / 50

In which of the following countries would you expect material lifestyles to be most like those in the United States ?

10 / 50

In perfect price discrimination ?

11 / 50

What was the third mild producing country ?

12 / 50

An intensive study of an individual or a small group is made by using the following research method ?

13 / 50

American military policy has been built on___________________?

14 / 50

If Pakistan?s GDP exceeds Pakistan?s GNP, then ?

15 / 50

In low-income countries the average agricultural family produces a surplus ?

16 / 50

Secondary deviance does not occur unless people_______________?

17 / 50

Two or more nuclear families of parent(s) and children is known as ?

18 / 50

A shift in aggregate supply is likely to ?

19 / 50

The country which leads in the production of rubber is ?

20 / 50

If as the quantity produced increase a production function first exhibits increasing marginal product and later diminishing marginal product, the corresponding marginal-cost curve will ?

21 / 50

According to the Classical theory of international trade ?

22 / 50

An increase in expected inflation ?

23 / 50

The low heating capacity of which of the types of coal reduces its value as an industrial fuel ?

24 / 50

Many listeners to a 1938 science fiction radio program believed that Martians were really invading the Earth They fled into the streets in panic We would call their behavior______________?

25 / 50

If the price of good is below the equilibrium price ?

26 / 50

Who among the following has first to coined the term ?Helicopter Money??

27 / 50

Economic growth can be seen by an outward shift of ?

28 / 50

An increase in the budget deficit that causes the government to increase its borrowing ?

29 / 50

Which of the following is not a Cash Crop ?

30 / 50

Which of the following is called a wholly or partially owned company what is the part of the large corporation?

31 / 50

A nineteenth-century model of rote education which imitated the assembly line was called the______________?

32 / 50

Some American Indians cannot express the idea of time in their tribal languages This fact shows that_____________ ??

33 / 50

If the Pakistan takes part in a war in the Middle East, then the exchange value of its currency will tend to ?

34 / 50

What is measured by Gross domestic product (GDP)?

35 / 50

The level of the equilibrium exchange rate offsets international differences in ?

36 / 50

Developing countries that emphasize the production of raw materials or agricultural goods may realize a long-run deterioration in the international terms of trade because of ?

37 / 50

Aggregate demand is the total demand for all goods and services in an economy from ?

38 / 50

If marginal utility is zero ?

39 / 50

Effective social movement leadership requires_______________?

40 / 50

The relationship between the exchange rate and the prices of tradable goods is known as the ?

41 / 50

What country is the most covered by forests ?

42 / 50

Nara Canal is located in the Province of _______?

43 / 50

Statuses are based on______________?

44 / 50

The major advantage of survey research is its ?

45 / 50

The exchange value of the U.S dollar is primarily determined by ?

46 / 50

Moral hazard means that the act of insuring ____ that the desired outcome will occur?

47 / 50

An increase (rightward shift) in the demand for a good will tend to cause ?

48 / 50

Which of the following countries is the world?s largest producer of coal ?

49 / 50

Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?

50 / 50

Market failure may arise because of ?

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