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