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Economics Quiz 40

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Economics Quiz 40

1 / 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 ?

2 / 50

A public good ?

3 / 50

Which country produced the third most rubber ?

4 / 50

The difference between bid (buying) rates and ask (selling) rates is called the ?

5 / 50

An item designated as money that is intrinsically worthless is ?

6 / 50

The price mechanism does not act as a ?

7 / 50

Social movements tend to______________?

8 / 50

The Lawis model explains how growth gets started in a less developed economy ?

9 / 50

The most important differences among humans are based on ______________ ?

10 / 50

In a competitive industry each buyer and seller ?

11 / 50

Repeating a research project called ?

12 / 50

________ is the most important staple food of Pakistan?

13 / 50

The short run, as economists use the phrase, is characterized by ?

14 / 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 ?

15 / 50

An increasing in Europe?s taste for UK produced Hondas would cause the pound to ?

16 / 50

Equilibrium in the Money market will change if there is ?

17 / 50

With the tariff, the quantity of imports falls to ?

18 / 50

Term a tax or duty rebate on imported goods that are exported at a later date ?

19 / 50

What is the share of Punjab in the total population of Pakistan ?

20 / 50

If countries were to trade along the lines of comparative advantage ?

21 / 50

A binding price ceiling creates?

22 / 50

According to Harris and Todaro, creating urban jobs by expanding industrial output ?

23 / 50

Collective behavior is_______________________?

24 / 50

Export-led growth strategies tend to emphasize ?

25 / 50

Barter is the trade of goods or services with ?

26 / 50

Drug addiction has been characterized as a victimless crime meaning ?

27 / 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 ?

28 / 50

Which of the following is TRUE about gender and business world ?

29 / 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_____________?

30 / 50

Official sanctions usually entail________________?

31 / 50

Mention the market for trading long-term debt instruments ?

32 / 50

When we refer to how people really behave we________________?

33 / 50

According the law of diminishing returns ?

34 / 50

The Vicious circle theory indicates that ?

35 / 50

The basic economic problems will not be solved by ?

36 / 50

The government is_______________?

37 / 50

Which of the following is not one of the basic economic s ?

38 / 50

In the long term a firm will produce provided the revenue covers ?

39 / 50

individuals who hold lesser positions and make less money than their parents are displaying_____________?

40 / 50

The long-run market supply curve ?

41 / 50

Consumer surplus is the area ?

42 / 50

An economy that trades with and has financial dealing with other countries is called a/an ________ economy?

43 / 50

According to the asset market approach increased investor confidence in the Mexican economy would cause the peso to ?

44 / 50

Weber,s abstract model of bureaucracy entails______________?

45 / 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 ?

46 / 50

The theory of the second best suggests that in the absence of perfect competition a privatized industry should charge a price of ?

47 / 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 ?

48 / 50

Which of the following sets of government policies is the most growth oriented ?

49 / 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 ?

50 / 50

To say that American music is the best in the world is an example of__________________?

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