Economics Quiz 50

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Economics Quiz 50

1 / 50

The reason for dumping is that the demand curve for ABC Co?s computers is _______ because ________ are available from other nations?

2 / 50

The most important determinant of scholastic success is________________?

3 / 50

Which of the following NOT a cause of food insecurity, according to Nic Maunder, a specialist on Ethiopia ?

4 / 50

The ?basket? on which the CPI is based is composed of ?

5 / 50

Reduction in the circulation of money resulting from fall of prices is known as ?

6 / 50

Refer to Figure 1. The unemployment rate is ?

7 / 50

The home country government can confiscate the revenue effect of an import quota if ?

8 / 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 ?

9 / 50

Which is NOT a common objective of states ?

10 / 50

Ideologies_______________?

11 / 50

Keynesian economics became popular because it was able to explain ?

12 / 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 ?

13 / 50

Economic rent ?

14 / 50

The purpose of antitrust (also known as competition) laws is to ?

15 / 50

The strongest political pressure for a trade policy that results in higher protectionism comes from?

16 / 50

The most important factors of production are ?

17 / 50

Gross Domestic Product can be measured as the sum of ?

18 / 50

The elasticity of propoor growth is ?

19 / 50

A nation will a current account deficit will be ?

20 / 50

A 44-nation survey regrading religions found that_________________?

21 / 50

If marginal product is below average product ?

22 / 50

The nuclear from of the family often appears in_________________?

23 / 50

According to the human capital view of education ?

24 / 50

Automatic stabilisers act to ____ government expenditures and ____ government revenues during recessions ?

25 / 50

How much of the total population of the world i percentage is living in South America ?

26 / 50

A fall in price ?

27 / 50

Deviance is defined______________?

28 / 50

The real problem in population growth is________________?

29 / 50

In autarky, the relative price of X, in terms of Y in A would be ?

30 / 50

Which of the following is an automatic stabilizer ?

31 / 50

Which form of business organization falls between a corporation and partnership ?

32 / 50

What kind of soil is treated with gypsum to make it suitable for cropping ?

33 / 50

According to the Heckscher-Ohlin model the source of comparative advantage is a country?s ?

34 / 50

Which of the following can the government not use directly to control the economy ?

35 / 50

In the balance of payments travels and tourism are included in the category of ?

36 / 50

In regard to public and political opinion_________________?

37 / 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 ?

38 / 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 ?

39 / 50

The cognitive component of culture__________________?

40 / 50

When interest rate rise, other things equal, we can expect the quantity of real money holding to ?

41 / 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 ?

42 / 50

International trade in goods and services tends to ?

43 / 50

Another way of talking about opportunity costs might be as________________?

44 / 50

Name the money of county that is expected to drop in value relative to other currencies?

45 / 50

Which kind of Tax is Federal subject ?

46 / 50

Statistics that allow researchers to generalize to a population from a sample are called______________?

47 / 50

The public sector includes ?

48 / 50

In which part of Pakistan the rate of increasing population is fastest ?

49 / 50

If the banks in an economy operate with a reserve ratio of 20 percent then the money multiplier is ?

50 / 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 ?

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