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Economics Quiz 34

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Economics Quiz 34

1 / 50

The Great Depression_________________?

2 / 50

The more consumers are willing to pay for a product_____________________?

3 / 50

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

4 / 50

Which is NOT Third World nation ?

5 / 50

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

6 / 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 ?

7 / 50

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

8 / 50

An increase in the marginal propensity to consume will ?

9 / 50

What forces prices down ?

10 / 50

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

11 / 50

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

12 / 50

A good example of a public good is ?

13 / 50

A main advantage of specialization results from ?

14 / 50

Which of the following is an example of material culture ?

15 / 50

In monopolistic competition ?

16 / 50

Fiscal deficit in the budget means ?

17 / 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 ?

18 / 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 ?

19 / 50

A country?s export commodity concentration ratio is the ?

20 / 50

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

21 / 50

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

22 / 50

A financial intermediary is a middleperson between ?

23 / 50

Which of the following situations describes the greatest market power ?

24 / 50

When does a society need laws ?

25 / 50

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

26 / 50

The shift toward tertiary sector jobs has_______________?

27 / 50

Internal balance refers to ?

28 / 50

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

29 / 50

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

30 / 50

Which country is the chief exporter of coffee?

31 / 50

The deadweight cost of the tariff equals ?

32 / 50

What percentage of American business revenues do corporation represent ?

33 / 50

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

34 / 50

Tax shifting ?

35 / 50

Human races reflect_______________?

36 / 50

What is the ratio of Punjabi speaking population ?

37 / 50

Which is an ascribed status ?

38 / 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 ?

39 / 50

Supply of land in a given use ?

40 / 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 ?

41 / 50

Norms are__________________?

42 / 50

Conflict theorists see the states functions as________________?

43 / 50

Nimbokil-60EC is formulated for the control of ?

44 / 50

A conglomerate merger is a merger of ?

45 / 50

A supply curve is directly affected by ?

46 / 50

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

47 / 50

Scientists agree that________________?

48 / 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 ?

49 / 50

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

50 / 50

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

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