Economics Quiz 4
1 / 50
Enacting legislation__________________?
2 / 50
A positive, dynamic effect of economic integration is illustrated by ?
3 / 50
Markus is a travelling salesman for an apparel company. In this employment relationship, Markus is the ?
4 / 50
Which of the following reduces risk in a portfolio the greatest ?
5 / 50
Which of the following statements regarding the loanable funds market is not true ?
6 / 50
An organization plans the use of its fund during a 12-month period. What is this period called ?
7 / 50
Which of the following is Not True about education in LDCs ?
8 / 50
As the required reserve ratio is decreased the money multiplier ?
9 / 50
In economic terms incomes are distributed according to________________?
10 / 50
Given a system of floating exchange rates rising income in the United States would trigger a (an) ?
11 / 50
The favorable evaluation of presidents is based on______________?
12 / 50
Which of the following is not considered a transaction cost incurred by parties in the process of contracting to eliminate a pollution externality ?
13 / 50
If price consumption curve will be horizontal on x-axes then elasticity of demand will be:___________?
14 / 50
The record of a country?s transactions in goods, services and assets with the rest of the world is its ?
15 / 50
Livestock sector accounts for nearly 36 percent of agriculture value added and about 9.0 percent of the ?
16 / 50
The refinancing rate is ?
17 / 50
When President Kennedy told the Soviet leader to withdraw Russian missiles in Cuba it was an illustration of one of the following types of foreign policy ?
18 / 50
Since state and nation are not the same thing the preferred term for individual political entities is_______________?
19 / 50
Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________?
20 / 50
Multinational corporations face problems since they ?
21 / 50
Gross National Product equals ?
22 / 50
The density of population in K.P.K is ?
23 / 50
In a cartel ?
24 / 50
The value of the marginal product of labor is ?
25 / 50
Which are Pakistan major seasons for agriculture crop ?
26 / 50
New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?
27 / 50
By financial crowding out economist mean ?
28 / 50
The Generalized System of Preferences (GSP) program allows ?
29 / 50
The Phillips curve indicates that there is a ?
30 / 50
Medical care clearly enhance people?s lives. Therefore, we should consume medical care until ?
31 / 50
Group marriage ________________?
32 / 50
The rate of change for most of human history has been________________?
33 / 50
A change in the relative prices of which of the following pair of goods would likely cause the smallest substitution effect ?
34 / 50
A profit maximizing firm is perfect competition produces where ?
35 / 50
Estimated value that is added to a product or material to each stage, of its manufacture or distribution, is known as ?
36 / 50
Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?
37 / 50
What is called the crop which is grown for sale rather than the farmer?s own use ?
38 / 50
A positive externality generates ?
39 / 50
The first European people to form a nation were is________________?
40 / 50
Price increases from 10 to 12 pence and the price elasticity of demand is -0.5 The quantity demanded was 500 units. What will it be now ?
41 / 50
An increase in price all other things unchanged leads to ?
42 / 50
The shrinking or distances due to technological advances such as computer and fax connections by telephone are one characteristic of what new challenge to marketing ?
43 / 50
What is Debt Service ?
44 / 50
In the year 2010-11 what was per capita income ?
45 / 50
An adjustment is made in wages that corresponds with the change in the cost of living. What this adjustment is called ?
46 / 50
Output fell sharply in the transition economies because ?
47 / 50
Suppose that the supply curve of tin is highly inelastic. If the demand curve of tin decrease and increase cyclically along the supply curve of tin, then in this market the size of the quantity fluctuation will bathe size of the price fluctuations ?
48 / 50
If the central bank buys financial securities in the open market to increase the monetary base, this is and example of ?
49 / 50
Modern societies are grappling with the notion of_________________?
50 / 50
For which agricultural produce Sudan is famous and which comes under Tropical Grassland Region ?
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