Economics Quiz 34

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Economics Quiz 34

1 / 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 ?

2 / 50

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

3 / 50

Which country is the chief exporter of coffee?

4 / 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 ?

5 / 50

An increase in the marginal propensity to consume will ?

6 / 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 ?

7 / 50

A financial intermediary is a middleperson between ?

8 / 50

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

9 / 50

The Great Depression_________________?

10 / 50

Nimbokil-60EC is formulated for the control of ?

11 / 50

What percentage of American business revenues do corporation represent ?

12 / 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 ?

13 / 50

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

14 / 50

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

15 / 50

What forces prices down ?

16 / 50

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

17 / 50

Supply of land in a given use ?

18 / 50

When does a society need laws ?

19 / 50

Scientists agree that________________?

20 / 50

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

21 / 50

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

22 / 50

Which of the following is an example of material culture ?

23 / 50

A conglomerate merger is a merger of ?

24 / 50

A country?s export commodity concentration ratio is the ?

25 / 50

Conflict theorists see the states functions as________________?

26 / 50

What is the ratio of Punjabi speaking population ?

27 / 50

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

28 / 50

The shift toward tertiary sector jobs has_______________?

29 / 50

A supply curve is directly affected by ?

30 / 50

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

31 / 50

Fiscal deficit in the budget means ?

32 / 50

Which is an ascribed status ?

33 / 50

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

34 / 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 ?

35 / 50

Which of the following situations describes the greatest market power ?

36 / 50

Norms are__________________?

37 / 50

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

38 / 50

The more consumers are willing to pay for a product_____________________?

39 / 50

Which is NOT Third World nation ?

40 / 50

Internal balance refers to ?

41 / 50

A main advantage of specialization results from ?

42 / 50

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

43 / 50

The deadweight cost of the tariff equals ?

44 / 50

Human races reflect_______________?

45 / 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 ?

46 / 50

Tax shifting ?

47 / 50

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

48 / 50

In monopolistic competition ?

49 / 50

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

50 / 50

A good example of a public good is ?

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