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