Economics Quiz 50
1 / 50
Refer to Figure 1. The unemployment rate is ?
2 / 50
Keynesian economics became popular because it was able to explain ?
3 / 50
The ?basket? on which the CPI is based is composed of ?
4 / 50
If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?
5 / 50
The most important factors of production are ?
6 / 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 ?
7 / 50
Deviance is defined______________?
8 / 50
The elasticity of propoor growth is ?
9 / 50
The public sector includes ?
10 / 50
Reduction in the circulation of money resulting from fall of prices is known as ?
11 / 50
In autarky, the relative price of X, in terms of Y in A would be ?
12 / 50
The cognitive component of culture__________________?
13 / 50
The most important determinant of scholastic success is________________?
14 / 50
Which kind of Tax is Federal subject ?
15 / 50
How much of the total population of the world i percentage is living in South America ?
16 / 50
Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?
17 / 50
If marginal product is below average product ?
18 / 50
Another way of talking about opportunity costs might be as________________?
19 / 50
Which form of business organization falls between a corporation and partnership ?
20 / 50
Which is NOT a common objective of states ?
21 / 50
According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?
22 / 50
A nation will a current account deficit will be ?
23 / 50
International trade in goods and services tends to ?
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
When interest rate rise, other things equal, we can expect the quantity of real money holding to ?
26 / 50
Which of the following is an automatic stabilizer ?
27 / 50
Economic rent ?
28 / 50
Which of the following can the government not use directly to control the economy ?
29 / 50
The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?
30 / 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 ?
31 / 50
Ideologies_______________?
32 / 50
The purpose of antitrust (also known as competition) laws is to ?
33 / 50
What kind of soil is treated with gypsum to make it suitable for cropping ?
34 / 50
According to the human capital view of education ?
35 / 50
The home country government can confiscate the revenue effect of an import quota if ?
36 / 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 ?
37 / 50
A fall in price ?
38 / 50
The real problem in population growth is________________?
39 / 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 ?
40 / 50
Name the money of county that is expected to drop in value relative to other currencies?
41 / 50
Statistics that allow researchers to generalize to a population from a sample are called______________?
42 / 50
A 44-nation survey regrading religions found that_________________?
43 / 50
In the balance of payments travels and tourism are included in the category of ?
44 / 50
The nuclear from of the family often appears in_________________?
45 / 50
In regard to public and political opinion_________________?
46 / 50
Gross Domestic Product can be measured as the sum of ?
47 / 50
In which part of Pakistan the rate of increasing population is fastest ?
48 / 50
Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?
49 / 50
The strongest political pressure for a trade policy that results in higher protectionism comes from?
50 / 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 ?
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