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Economics Quiz 33

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Economics Quiz 33

1 / 50

The largest producer of diamond in the world is ?

2 / 50

It is difficult for an actively managed investment fund to outperform an index fund because ?

3 / 50

The change in consumption that results when a price change moves the consumer along a given indifference curve is known as the ?

4 / 50

Which country is the source of Stilton cheese ?

5 / 50

The largest producer of coffee in the world is ?

6 / 50

The difference between a bank?s actual reserves and its required reserves is its?

7 / 50

Which factor best accounts for the existence of cash-crop production as a major form of agriculture i many central American nations today ?

8 / 50

Death rates are highest in_______________?

9 / 50

The situation with increasing unemployment and inflation is terms as ?

10 / 50

The difference in attitudes of whites and African Americans is related to_______________?

11 / 50

Monetary policy effects the _________ and __________?

12 / 50

To a person who belongs to it beer can collectors, club is a(n) ?

13 / 50

If a benevolent social planner chooses to produce more than the equilibrium quantity of a good, then ?

14 / 50

The privileged position of the modern industrial nations was attained because of_______________?

15 / 50

Which is false ?

16 / 50

Which of the following involves a trade ? off ?

17 / 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 ?

18 / 50

The school of thought that considers power to be brokered by various interest groups is called______________?

19 / 50

The high foreign exchange value of the U.S dollar in the early 1980s can best be explained by ?

20 / 50

A sample survey deals with_______________?

21 / 50

Social movements are forms of collective behavior that have____________________?

22 / 50

Social control through the enforcement of norms works because ?

23 / 50

The term Fourth World has been coined to describe ?

24 / 50

A Gini coefficient of one means that ?

25 / 50

If a person thinks they are better off after a 10% wage increase, and all prices have risen 10% then they are experiencing ?

26 / 50

Which one of the following is the largest sector of Pakistan?s economy ?

27 / 50

An example of external diseconomies is ?

28 / 50

Classifying discouraged workers as unemployed would ?

29 / 50

The principal difference between people and other animals is that ?

30 / 50

The Industrial Revolution shifted the emphasis in ownership from land to______________?

31 / 50

When the lk of Uganda lost their traditional hunting grounds they ?

32 / 50

Term the covering of a short position by purchasing a long contract, usually resulting from the short of a commodity ?

33 / 50

All of the following considered to be drawbacks of local marketing EXCEPT ?

34 / 50

Open stratification systems are associated with__________________?

35 / 50

The Genuine Progress indicator is ?

36 / 50

The view of the Phillips curve that prevailed in the 1960s implied that policies that ?

37 / 50

The federal system is contrasted with a (n)_______________?

38 / 50

Which one of the following fertilizers contains a high percentage of nitrogen ?

39 / 50

Income received by firms that is not returned to households or other firms is called________________?

40 / 50

Which best describes consumer surplus ?

41 / 50

A theory is a______________?

42 / 50

A predisposition toward certain points of view is called_______________?

43 / 50

A profit maximising firm will invest up to the level of investment where ?

44 / 50

The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?

45 / 50

Which perspective assumes that the state speaks with one voice and has one policy ?

46 / 50

The following people enjoy both status and wealth in our society______________?

47 / 50

When cars are offered at low prices but people still do not buy them the situation is one in which______________?

48 / 50

The following factors are important in production_______________?

49 / 50

A market structure in which many firms sell products that are similar but not identical is known as ?

50 / 50

A separation of institutional forms is most characteristic of__________________?

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