Economics Quiz 34
1 / 50
In order for a market to support superstars it must have which of the following characteristics ?
2 / 50
What forces prices down ?
3 / 50
A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?
4 / 50
In the Mid of 2011 the share of agriculture in employment is ?
5 / 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 ?
6 / 50
An increase in the marginal propensity to consume will ?
7 / 50
When does a society need laws ?
8 / 50
Fiscal deficit in the budget means ?
9 / 50
International joint ventures can lead to welfare losses when the newly established firm ?
10 / 50
Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?
11 / 50
The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?
12 / 50
The deadweight cost of the tariff equals ?
13 / 50
A decrease in the supply of farm tractors will cause all but which of the following ?
14 / 50
A financial intermediary is a middleperson between ?
15 / 50
A firm charging different buyers? different prices for the same product is practicing ?
16 / 50
What is the ratio of Punjabi speaking population ?
17 / 50
Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?
18 / 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 ?
19 / 50
A main advantage of specialization results from ?
20 / 50
A supply curve is directly affected by ?
21 / 50
A conglomerate merger is a merger of ?
22 / 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 ?
23 / 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 ?
24 / 50
Human races reflect_______________?
25 / 50
Tax shifting ?
26 / 50
Norms are__________________?
27 / 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 ?
28 / 50
In monopolistic competition ?
29 / 50
Which country is the chief exporter of coffee?
30 / 50
Which of the following is an example of material culture ?
31 / 50
A good example of a public good is ?
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
The more consumers are willing to pay for a product_____________________?
35 / 50
What percentage of American business revenues do corporation represent ?
36 / 50
Internal balance refers to ?
37 / 50
Developments in a national economy can affect the outcome of an international financial transaction. What this process is called ?
38 / 50
A country?s export commodity concentration ratio is the ?
39 / 50
Scientists agree that________________?
40 / 50
Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?
41 / 50
The largest number of statistical areas in the United States are______________?
42 / 50
Which is NOT Third World nation ?
43 / 50
Which of the following situations describes the greatest market power ?
44 / 50
The shift toward tertiary sector jobs has_______________?
45 / 50
Which of the following countries has highest percentage of land under cultivation ?
46 / 50
Supply of land in a given use ?
47 / 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 ?
48 / 50
Which is an ascribed status ?
49 / 50
The Great Depression_________________?
50 / 50
Conflict theorists see the states functions as________________?
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