Economics Quiz 49
1 / 50
Refer to Exhibit 4. If there is no tax placed on the produced in this market consumer surplus is the area ?
2 / 50
An increase in demand for a product should ?
3 / 50
Sala-i-Martin interpolates income distribution by ?
4 / 50
The ?real revolution? of the last twenty years according to one sociologist refers to_______________?
5 / 50
Jamil has ten pairs of football boots and saleem has none. A pair of football boots cost Rs50. to produce. If jamil values an additional pair of boots at RS100 and saleem values a pair of boots at Rs40, then the maxime ?
6 / 50
Agriculture employs about ____ of the total labor-force?
7 / 50
what is called an evaluation of credit quality of a company?s debt issued by Moody?s S&P and Fitch investors services ?
8 / 50
The effect of the most favored nation (normal trade relations) clause is to ?
9 / 50
Whenever a third party becomes significant its platform _______________ ?
10 / 50
On what did the Russian Soviet development model of growth not depend ?
11 / 50
The argument that in some situations the government had to ?prime the pump? was advanced by________________?
12 / 50
Which types of forest mostly grow in the below of land lying between 50? N and 70? N ?
13 / 50
Tax shifting ?
14 / 50
Structured inequality of gender roles_____________?
15 / 50
Skepticism refers to________________?
16 / 50
Birthrates________________?
17 / 50
Under free trade, Canada would not realize any gains from trade with Sweden if Canada ?
18 / 50
A competitive equilibrium is Pareto-efficient because ?
19 / 50
Which crops are sown in Rabi Season ?
20 / 50
For a firm operating in two markets and price discriminating the profit maximising condition is ?
21 / 50
By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?
22 / 50
Monoculture is ?
23 / 50
The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a ?
24 / 50
According to the Heckscher-Ohlin model ?
25 / 50
The comparative advantage comes if each trading partners has a product that will bring a better price in another country than it will at home. Which economist proposed the principle of comparative advantage ?
26 / 50
Biological explanations of deviance________________?
27 / 50
If the central bank increases the money supply at the same time as the government increasing spending, it is suggested that investment will ?
28 / 50
What yield of cotton crop is recorded in Pakistan ?
29 / 50
With free trade, suppose that the rest of the world can supply calculators to Canada at a price of $30. Canada?s imports would now equal _____ and its consumer surplus would ____ relative to what occurred in the absence of trade. What is the change in consumer surplus? Refer to the figure that you have plotted ?
30 / 50
Current anti-poverty programs discourage work because ?
31 / 50
According to George H.Mead mind is________________?
32 / 50
The three most important nations in Asia are_______________?
33 / 50
An increase in national income is ?
34 / 50
Firms in oligopoly are likely to ?
35 / 50
Minimum price of a commodity fixed by government to save the interest of producer of raw materials is called ?
36 / 50
In the Sub-Continent, first census was held in ?
37 / 50
A deliberate attempt to persuade the individual to accept a particular belief or to make a specific choice uncritically is______________?
38 / 50
Political science stresses the study of_______________?
39 / 50
Races are breeding or mating population of people classified according to ?
40 / 50
A current account surplus implies that ?
41 / 50
The view that the state has emerged to protect the rights of a privileged few has been expressed by philosophers of which school of thought ?
42 / 50
The leading producer of sulphur is ?
43 / 50
For Rosentein Rodan a major indivisibility is in ?
44 / 50
If a janitor got a job as a security guard because it was closer to home he would be experiencing_______________?
45 / 50
Higher summer temperature, stiff soil capable of supporting heavy weight of plant is essential for ?
46 / 50
What is the currency of Georgia ?
47 / 50
A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ?
48 / 50
When the money supply increase ?
49 / 50
Name the organization that is managed by those who use its facilities ?
50 / 50
If a producer has market power (can influence the price of the product in the market) then free market solutions ?
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