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