Economics Quiz 33
1 / 50
A market structure in which many firms sell products that are similar but not identical is known as ?
2 / 50
The school of thought that considers power to be brokered by various interest groups is called______________?
3 / 50
The largest producer of coffee in the world is ?
4 / 50
All of the following considered to be drawbacks of local marketing EXCEPT ?
5 / 50
When cars are offered at low prices but people still do not buy them the situation is one in which______________?
6 / 50
Which is false ?
7 / 50
The privileged position of the modern industrial nations was attained because of_______________?
8 / 50
When the lk of Uganda lost their traditional hunting grounds they ?
9 / 50
Which of the following involves a trade ? off ?
10 / 50
The Industrial Revolution shifted the emphasis in ownership from land to______________?
11 / 50
The following people enjoy both status and wealth in our society______________?
12 / 50
The term Fourth World has been coined to describe ?
13 / 50
The situation with increasing unemployment and inflation is terms as ?
14 / 50
Income received by firms that is not returned to households or other firms is called________________?
15 / 50
A predisposition toward certain points of view is called_______________?
16 / 50
The difference between a bank?s actual reserves and its required reserves is its?
17 / 50
Which one of the following fertilizers contains a high percentage of nitrogen ?
18 / 50
Open stratification systems are associated with__________________?
19 / 50
The following factors are important in production_______________?
20 / 50
The difference in attitudes of whites and African Americans is related to_______________?
21 / 50
The Genuine Progress indicator is ?
22 / 50
The principal difference between people and other animals is that ?
23 / 50
If a person thinks they are better off after a 10% wage increase, and all prices have risen 10% then they are experiencing ?
24 / 50
Which factor best accounts for the existence of cash-crop production as a major form of agriculture i many central American nations today ?
25 / 50
Which country is the source of Stilton cheese ?
26 / 50
The change in consumption that results when a price change moves the consumer along a given indifference curve is known as the ?
27 / 50
Social control through the enforcement of norms works because ?
28 / 50
The largest producer of diamond in the world is ?
29 / 50
Which best describes consumer surplus ?
30 / 50
Monetary policy effects the _________ and __________?
31 / 50
A profit maximising firm will invest up to the level of investment where ?
32 / 50
To a person who belongs to it beer can collectors, club is a(n) ?
33 / 50
An example of external diseconomies is ?
34 / 50
It is difficult for an actively managed investment fund to outperform an index fund because ?
35 / 50
The federal system is contrasted with a (n)_______________?
36 / 50
A theory is a______________?
37 / 50
The view of the Phillips curve that prevailed in the 1960s implied that policies that ?
38 / 50
A sample survey deals with_______________?
39 / 50
Social movements are forms of collective behavior that have____________________?
40 / 50
If a benevolent social planner chooses to produce more than the equilibrium quantity of a good, then ?
41 / 50
The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?
42 / 50
Classifying discouraged workers as unemployed would ?
43 / 50
Which perspective assumes that the state speaks with one voice and has one policy ?
44 / 50
Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?
45 / 50
The high foreign exchange value of the U.S dollar in the early 1980s can best be explained by ?
46 / 50
A separation of institutional forms is most characteristic of__________________?
47 / 50
Which one of the following is the largest sector of Pakistan?s economy ?
48 / 50
Death rates are highest in_______________?
49 / 50
Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?
50 / 50
A Gini coefficient of one means that ?
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