Economics Quiz 50
1 / 50
The purpose of antitrust (also known as competition) laws is to ?
2 / 50
Which of the following is an automatic stabilizer ?
3 / 50
Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were known as ?
4 / 50
In the balance of payments travels and tourism are included in the category of ?
5 / 50
The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?
6 / 50
A fall in price ?
7 / 50
The nuclear from of the family often appears in_________________?
8 / 50
Ideologies_______________?
9 / 50
If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?
10 / 50
The elasticity of propoor growth is ?
11 / 50
Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?
12 / 50
In which part of Pakistan the rate of increasing population is fastest ?
13 / 50
The public sector includes ?
14 / 50
Another way of talking about opportunity costs might be as________________?
15 / 50
The most important determinant of scholastic success is________________?
16 / 50
The cognitive component of culture__________________?
17 / 50
Refer to Figure 1. The unemployment rate is ?
18 / 50
Instead, assume that global economic expansion causes the quantity of tin demanded to increase by 4 million pounds at each price To maintain price of tin at the target price you would ?
19 / 50
A nation will a current account deficit will be ?
20 / 50
In food demand growth equation D = ? + a E, a is the income elasticity of demand for food E is the per capita income growth and ? is ?
21 / 50
The home country government can confiscate the revenue effect of an import quota if ?
22 / 50
Reduction in the circulation of money resulting from fall of prices is known as ?
23 / 50
Economic rent ?
24 / 50
Suppose that requiring motorcycle riders to wear helmets reduces the probability of a motorcycle fatality from 0.3 percent to 0.2 percent over the lifetime of a motorcycle rider and that the cost of lifetime supply of helmets is Rs5000. It is efficient for the government to require riders to wear helmets if human life is valued at ?
25 / 50
The strongest political pressure for a trade policy that results in higher protectionism comes from?
26 / 50
International trade in goods and services tends to ?
27 / 50
Which of the following can the government not use directly to control the economy ?
28 / 50
Which kind of Tax is Federal subject ?
29 / 50
Which form of business organization falls between a corporation and partnership ?
30 / 50
What kind of soil is treated with gypsum to make it suitable for cropping ?
31 / 50
If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?
32 / 50
If marginal product is below average product ?
33 / 50
Account is format banking, brokerage or business relationship established to provide for regular services. dealings and other financial transactions. Which of the following phenomenon(s) are also referred by term, Account ?
34 / 50
In regard to public and political opinion_________________?
35 / 50
How much of the total population of the world i percentage is living in South America ?
36 / 50
In autarky, the relative price of X, in terms of Y in A would be ?
37 / 50
When interest rate rise, other things equal, we can expect the quantity of real money holding to ?
38 / 50
Statistics that allow researchers to generalize to a population from a sample are called______________?
39 / 50
A 44-nation survey regrading religions found that_________________?
40 / 50
Gross Domestic Product can be measured as the sum of ?
41 / 50
The most important factors of production are ?
42 / 50
Keynesian economics became popular because it was able to explain ?
43 / 50
Deviance is defined______________?
44 / 50
According to the human capital view of education ?
45 / 50
Name the money of county that is expected to drop in value relative to other currencies?
46 / 50
Which is NOT a common objective of states ?
47 / 50
The real problem in population growth is________________?
48 / 50
Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?
49 / 50
The ?basket? on which the CPI is based is composed of ?
50 / 50
According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?
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