Economics Quiz 34

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Economics Quiz 34

1 / 50

A supply curve is directly affected by ?

2 / 50

What is the ratio of Punjabi speaking population ?

3 / 50

A main advantage of specialization results from ?

4 / 50

Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?

5 / 50

A good example of a public good is ?

6 / 50

International joint ventures can lead to welfare losses when the newly established firm ?

7 / 50

Which country is the chief exporter of coffee?

8 / 50

According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?

9 / 50

A firm charging different buyers? different prices for the same product is practicing ?

10 / 50

The largest number of statistical areas in the United States are______________?

11 / 50

A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?

12 / 50

Which one of the following four agricultural resources by way of crops cultivated by man does not belong to the group comprising the remaining three ?

13 / 50

Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?

14 / 50

Which is an ascribed status ?

15 / 50

An increase in the marginal propensity to consume will ?

16 / 50

Supply of land in a given use ?

17 / 50

Scientists agree that________________?

18 / 50

In monopolistic competition ?

19 / 50

Which of the following is an example of material culture ?

20 / 50

Internal balance refers to ?

21 / 50

The deadweight cost of the tariff equals ?

22 / 50

In order for a market to support superstars it must have which of the following characteristics ?

23 / 50

When does a society need laws ?

24 / 50

Technological advances, shifts in consumer tastes, and increased competition all of which reduce demand for a product are typical of which stage in the PLC ?

25 / 50

In the Mid of 2011 the share of agriculture in employment is ?

26 / 50

Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?

27 / 50

Which of the following countries has highest percentage of land under cultivation ?

28 / 50

A conglomerate merger is a merger of ?

29 / 50

Mention an agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price ?

30 / 50

Conflict theorists see the states functions as________________?

31 / 50

The Great Depression_________________?

32 / 50

A graph showing all the combinations capital and labor available for a given total cost is the ?

33 / 50

Nimbokil-60EC is formulated for the control of ?

34 / 50

Which is NOT Third World nation ?

35 / 50

Developments in a national economy can affect the outcome of an international financial transaction. What this process is called ?

36 / 50

A country?s export commodity concentration ratio is the ?

37 / 50

The shift toward tertiary sector jobs has_______________?

38 / 50

The more consumers are willing to pay for a product_____________________?

39 / 50

A decrease in the supply of farm tractors will cause all but which of the following ?

40 / 50

The curve that illustrates the negative relationship between the equilibrium values of aggregate output and the interest rate in the goods market is the ?

41 / 50

Tax shifting ?

42 / 50

A financial intermediary is a middleperson between ?

43 / 50

Human races reflect_______________?

44 / 50

Norms are__________________?

45 / 50

The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?

46 / 50

Bance Solida has, in the past, always operated with a reserve ratio of 25 percent. It has now been taken over by Gung-Ho Bank Which operates with a reserve ration of 12? percent, Assuming that Banca Solida adopts the business practices of its new owner, What will be the effect on money supply in the country in which Banca Solida operates ?

47 / 50

What percentage of American business revenues do corporation represent ?

48 / 50

Which of the following situations describes the greatest market power ?

49 / 50

Fiscal deficit in the budget means ?

50 / 50

What forces prices down ?

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