Economics Quiz 48
1 / 50
The categories used by researchers to pigeonhole people into social classes__________________?
2 / 50
_______ factors are the most popular bases for segmenting customer groups?
3 / 50
Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raises its price Rs40 per month the number of subscribers will fall to 20000 Using the midpoint method for calculating the elasticity what is the price elasticity of demand for cable TV in Small Town ?
4 / 50
Institution are_________________?
5 / 50
A trained observer_________________?
6 / 50
Which country produced the second most rubber ?
7 / 50
How does the eurozone compare with USA as a possible optimal currency area (OCA) ?
8 / 50
The price elasticity of demand measures ?
9 / 50
________ protection such as the escape clause, provide temporary protection to domestic industries facing competition from fairly traded foreign goods?
10 / 50
The factor endowment model of international trade was developed by ?
11 / 50
In theory communism calls for______________?
12 / 50
A monopolistic market has ?
13 / 50
Foreign aid is an instrument of________________?
14 / 50
Trade creation takes place when ?
15 / 50
Which of the following processes includes isolation of the minority population ?
16 / 50
Which of the following is not an example of foreign direct investment ?
17 / 50
If the cross-price elasticity of demand between two goods is negative, then the two goods are ?
18 / 50
Suppose there is an increase in the both the supply and demand for personal computers Further, suppose the supply of personal computer increase more than demand for personal computers In the market for personal computers i the market for personal computers, we would expect ?
19 / 50
Supply side policies are considered effective in ?
20 / 50
Which of the following is not TRUE about rural urban migration ?
21 / 50
The largest producer of fertilizer in the world is ?
22 / 50
Air pollution from automobile exhausts, and water pollution steel plants are examples of ?
23 / 50
When we refer to the hidden economy we mean unrecorded income owing to ?
24 / 50
Utilitarian organizations are so named because they ?
25 / 50
What is called the rules of laws which governs the internal affairs of an organization ?
26 / 50
One percentage decrease in unemployment is associated with two percentage points of additional growth in real gdp is called?
27 / 50
The earliest statement of the principle of comparative advantage is associated with ?
28 / 50
Domestic producers gain ________ because on the tariff?
29 / 50
Participants in the market system________________?
30 / 50
Suppose that at a price of Rs 30 per month there are 30000 subscribers to cable television in small Town. If small Town Cablevision raise its price to Rs 40 per month the number of subscribers will fall to 20000 At which of the following price does small Town Cablevision earn the greatest total revenue ?
31 / 50
________ and ___________ do not directly affect the demand curve ?
32 / 50
The formula for average variable cost (AVC) is ?
33 / 50
Which of the following is a characteristic of pure monopoly ?
34 / 50
Disposable income is the part of households income left after the deduction of ?
35 / 50
Adam Smith was __________?
36 / 50
In monopolistic competition ?
37 / 50
What country had the second largest area of forest?
38 / 50
Which money is called Hot money ?
39 / 50
As income increase ?
40 / 50
Shortcomings of interest groups include______________?
41 / 50
If the price elasticity is -0.3 this means ?
42 / 50
Which of the following is an injection into the economy ?
43 / 50
The most essential element of culture is______________?
44 / 50
Among the reason for overturning death penalty verdicts on appeal are______________?
45 / 50
Cyclical unemployment is the ?
46 / 50
A negative externality affect market efficiency in a manner similar to ?
47 / 50
The IMF is an agency charged with providing ?
48 / 50
Entrepreneurship is the ?
49 / 50
In order for power to be legitimate a government must have_____________?
50 / 50
The largest producer of Nuclear energy in the world is____?
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