Economics Quiz 50
1 / 50
How much of the total population of the world i percentage is living in South America ?
2 / 50
Refer to Figure 1. The unemployment rate is ?
3 / 50
The cognitive component of culture__________________?
4 / 50
A 44-nation survey regrading religions found that_________________?
5 / 50
In regard to public and political opinion_________________?
6 / 50
If marginal product is below average product ?
7 / 50
Which of the following can the government not use directly to control the economy ?
8 / 50
According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?
9 / 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 ?
10 / 50
Ideologies_______________?
11 / 50
The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?
12 / 50
The most important determinant of scholastic success is________________?
13 / 50
The most important factors of production are ?
14 / 50
Which kind of Tax is Federal subject ?
15 / 50
The strongest political pressure for a trade policy that results in higher protectionism comes from?
16 / 50
The purpose of antitrust (also known as competition) laws is to ?
17 / 50
The elasticity of propoor growth is ?
18 / 50
Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?
19 / 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 ?
20 / 50
The home country government can confiscate the revenue effect of an import quota if ?
21 / 50
A fall in price ?
22 / 50
Which form of business organization falls between a corporation and partnership ?
23 / 50
Another way of talking about opportunity costs might be as________________?
24 / 50
A nation will a current account deficit will be ?
25 / 50
Economic rent ?
26 / 50
International trade in goods and services tends to ?
27 / 50
What kind of soil is treated with gypsum to make it suitable for cropping ?
28 / 50
In autarky, the relative price of X, in terms of Y in A would be ?
29 / 50
According to the human capital view of education ?
30 / 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 ?
31 / 50
Keynesian economics became popular because it was able to explain ?
32 / 50
Reduction in the circulation of money resulting from fall of prices is known as ?
33 / 50
The public sector includes ?
34 / 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 ?
35 / 50
When interest rate rise, other things equal, we can expect the quantity of real money holding to ?
36 / 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 ?
37 / 50
If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?
38 / 50
Name the money of county that is expected to drop in value relative to other currencies?
39 / 50
Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?
40 / 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 ?
41 / 50
In the balance of payments travels and tourism are included in the category of ?
42 / 50
The nuclear from of the family often appears in_________________?
43 / 50
Which is NOT a common objective of states ?
44 / 50
Gross Domestic Product can be measured as the sum of ?
45 / 50
Which of the following is an automatic stabilizer ?
46 / 50
Deviance is defined______________?
47 / 50
In which part of Pakistan the rate of increasing population is fastest ?
48 / 50
The ?basket? on which the CPI is based is composed of ?
49 / 50
The real problem in population growth is________________?
50 / 50
Statistics that allow researchers to generalize to a population from a sample are called______________?
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