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