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