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