Economics Quiz 40
1 / 50
Which country produced the third most rubber ?
2 / 50
Term a tax or duty rebate on imported goods that are exported at a later date ?
3 / 50
According the law of diminishing returns ?
4 / 50
The long-run market supply curve ?
5 / 50
In the long term a firm will produce provided the revenue covers ?
6 / 50
Pricing to cover variable costs and some fixed costs as in the case of some automobile distributorships that sell below total costs is typical of which of the following pricing objectives ?
7 / 50
The short run, as economists use the phrase, is characterized by ?
8 / 50
Repeating a research project called ?
9 / 50
________ is the most important staple food of Pakistan?
10 / 50
Weber,s abstract model of bureaucracy entails______________?
11 / 50
Social movements tend to______________?
12 / 50
The government is_______________?
13 / 50
With the tariff, the quantity of imports falls to ?
14 / 50
An economy that trades with and has financial dealing with other countries is called a/an ________ economy?
15 / 50
According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?
16 / 50
According to Harris and Todaro, creating urban jobs by expanding industrial output ?
17 / 50
The theory of the second best suggests that in the absence of perfect competition a privatized industry should charge a price of ?
18 / 50
Export-led growth strategies tend to emphasize ?
19 / 50
Official sanctions usually entail________________?
20 / 50
If countries were to trade along the lines of comparative advantage ?
21 / 50
The difference between bid (buying) rates and ask (selling) rates is called the ?
22 / 50
Suppose a wave of investor and consumer optimisms has increased spending so that the current level of input exceeds the long-run natural rate If policy makers choose to engage in activist stabilization policy they should ?
23 / 50
When we refer to how people really behave we________________?
24 / 50
The Lawis model explains how growth gets started in a less developed economy ?
25 / 50
An increasing in Europe?s taste for UK produced Hondas would cause the pound to ?
26 / 50
The most important differences among humans are based on ______________ ?
27 / 50
Mention the market for trading long-term debt instruments ?
28 / 50
Barter is the trade of goods or services with ?
29 / 50
Equilibrium in the Money market will change if there is ?
30 / 50
An item designated as money that is intrinsically worthless is ?
31 / 50
Which of the following sets of government policies is the most growth oriented ?
32 / 50
A binding price ceiling creates?
33 / 50
Consumer surplus is the area ?
34 / 50
The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?
35 / 50
To say that American music is the best in the world is an example of__________________?
36 / 50
The Vicious circle theory indicates that ?
37 / 50
In a competitive industry each buyer and seller ?
38 / 50
Which of the following is not one of the basic economic s ?
39 / 50
individuals who hold lesser positions and make less money than their parents are displaying_____________?
40 / 50
If GNP for Vatican City the smallest country in the world is 200 million euros in year 2011 and its population is 890 GNP per capita is_____________?
41 / 50
Which of the following is TRUE about gender and business world ?
42 / 50
Drug addiction has been characterized as a victimless crime meaning ?
43 / 50
Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?
44 / 50
Collective behavior is_______________________?
45 / 50
A public good ?
46 / 50
Name a corporation that owns enough voting stock in another firm to control management and operations by influencing of electing its board of directors ?
47 / 50
What is the share of Punjab in the total population of Pakistan ?
48 / 50
The basic economic problems will not be solved by ?
49 / 50
Compared to what occurred under free trade, Mexico?s producer surplus ____ and consumer surplus ____ as a result of the subsidy Use the figure that you have plotted to calculate the amounts ?
50 / 50
The price mechanism does not act as a ?
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