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