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