Economics Quiz 40
1 / 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 ?
2 / 50
An economy that trades with and has financial dealing with other countries is called a/an ________ economy?
3 / 50
Which of the following is not one of the basic economic s ?
4 / 50
A public good ?
5 / 50
Repeating a research project called ?
6 / 50
According the law of diminishing returns ?
7 / 50
In the long term a firm will produce provided the revenue covers ?
8 / 50
Which of the following sets of government policies is the most growth oriented ?
9 / 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 ?
10 / 50
Barter is the trade of goods or services with ?
11 / 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 ?
12 / 50
According to Harris and Todaro, creating urban jobs by expanding industrial output ?
13 / 50
The Lawis model explains how growth gets started in a less developed economy ?
14 / 50
A binding price ceiling creates?
15 / 50
The basic economic problems will not be solved by ?
16 / 50
The theory of the second best suggests that in the absence of perfect competition a privatized industry should charge a price of ?
17 / 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 ?
18 / 50
The price mechanism does not act as a ?
19 / 50
The Vicious circle theory indicates that ?
20 / 50
Drug addiction has been characterized as a victimless crime meaning ?
21 / 50
The most important differences among humans are based on ______________ ?
22 / 50
Social movements tend to______________?
23 / 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 ?
24 / 50
When we refer to how people really behave we________________?
25 / 50
What is the share of Punjab in the total population of Pakistan ?
26 / 50
________ is the most important staple food of Pakistan?
27 / 50
Which of the following is TRUE about gender and business world ?
28 / 50
To say that American music is the best in the world is an example of__________________?
29 / 50
Weber,s abstract model of bureaucracy entails______________?
30 / 50
Term a tax or duty rebate on imported goods that are exported at a later date ?
31 / 50
In a competitive industry each buyer and seller ?
32 / 50
An item designated as money that is intrinsically worthless is ?
33 / 50
Export-led growth strategies tend to emphasize ?
34 / 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_____________?
35 / 50
The difference between bid (buying) rates and ask (selling) rates is called the ?
36 / 50
The short run, as economists use the phrase, is characterized by ?
37 / 50
Collective behavior is_______________________?
38 / 50
Consumer surplus is the area ?
39 / 50
According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?
40 / 50
The long-run market supply curve ?
41 / 50
Which country produced the third most rubber ?
42 / 50
Mention the market for trading long-term debt instruments ?
43 / 50
individuals who hold lesser positions and make less money than their parents are displaying_____________?
44 / 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 ?
45 / 50
With the tariff, the quantity of imports falls to ?
46 / 50
Official sanctions usually entail________________?
47 / 50
Equilibrium in the Money market will change if there is ?
48 / 50
The government is_______________?
49 / 50
An increasing in Europe?s taste for UK produced Hondas would cause the pound to ?
50 / 50
If countries were to trade along the lines of comparative advantage ?
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