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Economics Quiz 46

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Economics Quiz 46

1 / 50

The persistence of a phenomenon such as unemployment, even then its causes have been removed is called ?

2 / 50

Which of the following is an example of a Schumpeterian innovation ?

3 / 50

Drop shippers perform which of the following functions ?

4 / 50

The primary function of the economy as a social institution is to________________?

5 / 50

The exchange rate is the ratio at which the currency of one country is exchanged for the currency of another. Which method was developed by the World bank to exchange rates ?

6 / 50

If British residents want more French francs to purchase more French cloths other things equal, then the equilibrium value of the pound against the French franc will ?

7 / 50

With which of the following items is Kimberley associated ?

8 / 50

In most societies male dominance is evident through ?

9 / 50

The most important of government is to__________________?

10 / 50

Friedman?s theory of consumption focuses on ?

11 / 50

In the mixed economy________________?

12 / 50

The divorce of ownership and control tends to occur in ?

13 / 50

The double standard in the behavior of people in society is acknowledged by the existence of a(n)?

14 / 50

From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?

15 / 50

A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?

16 / 50

Supply-side theories claim that__________________?

17 / 50

In the long run, expanding educational and training facilities, transportation and communication and other infrastructure in LDCs should increase ?

18 / 50

Which country is the largest oil producer in the world ?

19 / 50

The smallest unit of ownership of a company is______________?

20 / 50

It is true that the differences among the social sciences ?

21 / 50

A _________ is a need that is sufficiently pressing to direct the person to seek satisfaction?

22 / 50

By reducing the volume of trade transportation costs tend to ?

23 / 50

The decision to send arms to Iran made by the National Security Council during the Reagan presidency was an example of the following type of foreign policy______________?

24 / 50

Cities and towns came into existence due to ?

25 / 50

Ad valorem tariffs are collected as ?

26 / 50

Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?

27 / 50

The price of one country?s currency in terms of another country?s currency is the ?

28 / 50

Which one of the following is not a characteristic that reduces the cost of a signals currency ?

29 / 50

The term ?minority ?may be defined as______________?

30 / 50

The nation that social institutions reinforce and legitimize class division is derived from___________?

31 / 50

The emergence of the self as a result of interaction with others is a common thread in ALL BUT ONE of the following theories ?

32 / 50

If a market is efficient then_______?

33 / 50

A good produced by a natural monopoly is ?

34 / 50

What are called goods that satisfy human wants through their direct use ?

35 / 50

A foreign-trade zone (FTZ) is ?

36 / 50

Indemnity is_______________?

37 / 50

Of which mineral?s chief exporter is Mexico ?

38 / 50

The Wah is famous for ?

39 / 50

In which sector the largest labour force is attached in Pakistan ?

40 / 50

The smallest group is constituted by the________________?

41 / 50

All of the following are low income countries except ?

42 / 50

Industrialization?

43 / 50

Macroeconomic theory that emphasized the theories of Keynes and de-emphasized the classical theory developed as the result of the failure of ?

44 / 50

The opportunity cost of holding money is determined by ?

45 / 50

What percentage of the earth?s people live in high-income areas ?

46 / 50

Personality may be seen as a circular system in that____________?

47 / 50

The 1993 World Bank study entitled The East Asian Miracle identifies eight high performing Asian economies. Which of the following is not one of them ?

48 / 50

If Mark Mars pays Hershey Foods Corporation for the right to use their name on his line of T-shirts then Mr. Mars is using which type of branding ?

49 / 50

New classical theories were an attempt to explain ?

50 / 50

Natural resources are_______________?

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