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