Economics Quiz 43
1 / 50
Under Which of the following conditions would you prefer to be the borrower ?
2 / 50
We cannot say whether one allocation of resources is better than another allocation because ?
3 / 50
Cost of production plus a fixed rate of profit is called ?
4 / 50
ideologies may be described as_______________?
5 / 50
In the neoclassical theory of growth a higher saving rate leads to ?
6 / 50
The percentage of the working age population that is part of the workforce is known as the ?
7 / 50
Which perspective assumes that actors other than states are also important and s whether states are unitary actors ?
8 / 50
?Hard ?money is_________________?
9 / 50
Which branch of accounting provides information to help the management of a firm evaluate production costs and efficiency ?
10 / 50
Worker-managed socialism helped contribute to ________ ?s rapid economic growth from 1959 to 1979?
11 / 50
VAT is a good example of which kind of tax ?
12 / 50
Three variables affect the demand for money they are _______ and __________?
13 / 50
In Price discrimination abnormal profits are made if ?
14 / 50
Wassily Leontief?s results can be interpreted as ?
15 / 50
Maturation is a term used by developmental psychologists to refer to______________?
16 / 50
The U.S balance of payments is constructed by ?
17 / 50
What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?
18 / 50
A __________ is a brand created and owned by a reseller of a product of service ?
19 / 50
Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?
20 / 50
Quotas are government-imposed limits on the _________ of goods trade between countries?
21 / 50
Government____________?
22 / 50
The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?
23 / 50
Which of the following statements is correct ?
24 / 50
Which of the following events will lead to an increase in the demand for money ?
25 / 50
The marginal propensity to save (MPS) is ?
26 / 50
Which of the following shifts the demand for watches to the right ?
27 / 50
Suppose that ABC publishing sells an economics textbook and accompanying study guide. Raheel is willing to pay Rs75 for the text and Rs15 for the study guide. Mariam is willing to spend Rs60 for the text and Rs25 for the study guide. Suppose both the book and study guide have a zero-marginal cost of study production. If ABC publishing charges separate price for both products its best strategy is to charge price that when combined, total ?
28 / 50
By what method were the first cars ever manufactured produced ?
29 / 50
The elderly are a minority because them________________?
30 / 50
The seller?s cost of production is ?
31 / 50
The neoclassical theory of growth identifier the steady state rate of growth as the ____ just sufficient to keep _____ constant while labor grows?
32 / 50
India is the world?s largest producer of ?
33 / 50
The total forest area of Pakistan is estimated at ?
34 / 50
A tariff can _______ raise a country?s welfare?
35 / 50
What is called the difference in the value of a nation?s imports over exports or exports over imports ?
36 / 50
What is referred by the by economic theory ?Liberalism? ?
37 / 50
Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
38 / 50
The largest fishing catching ground in the world is ?
39 / 50
Suppose two economists are arguing about policies that deal with unemployment One economist says the government should fight unemployment because it is the greatest social evil The other economist response Nonsense Inflation is the greatest social evil These economists ?
40 / 50
Who is insolvent_______________?
41 / 50
Overpopulation can result in________________?
42 / 50
Two of the major factors contributing to growth are ?
43 / 50
Classification of human races is_____________________?
44 / 50
In autarky the relative price of wine, in terms of beer, in Country B is ?
45 / 50
Which of the following is a variable cost in the short run ?
46 / 50
?The ability of one individual or group to control the actions of another individual or group without the latter?s consent? is a definition of____________?
47 / 50
Which of the following is true about the consumer?s optimum consumption bundle? At the optimum ?
48 / 50
Korea?s keirestsu-like corporate conglomerates is known as ?
49 / 50
Under a system of floating exchange rates relatively low productivity and high inflation rates in the United States results in a (an) ?
50 / 50
The expectations augmented Phillips curve was the Work of which group of economists ?
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