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