Economics Quiz 53
1 / 50
Cultural universals include ?
2 / 50
The relationship of the mass media and politicians can be described as_________________?
3 / 50
Net investment is___________________?
4 / 50
Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?
5 / 50
Banks create money by ?
6 / 50
The income effect of a price increase of a normal good is to ________ of that good and the substitution effect is to _________ of that good?
7 / 50
Which does the government not control directly ?
8 / 50
The type of trade promotion discount in which manufacturers agree to reduce the price to the retailer in exchange for the retailer?s agreement to feature the manufacturer?s products is some way is called a(n) ?
9 / 50
________ refers to the price charged for products sold to a subsidiary to a multinational corporation b another subsidiary in another country?
10 / 50
When economists talk about developing countries experiencing flight of capital they mean?
11 / 50
Which market is characterized by a small number of large buyers who control all purchases and therefore the market price of a good a service ?
12 / 50
Latent functions of government include_______________?
13 / 50
Change may be experienced at which level ?
14 / 50
Free port is ?
15 / 50
According to last census, the population growth rate in Pakistan was ?
16 / 50
In the long run in perfect competition ?
17 / 50
The term technology refers to______________?
18 / 50
All of the following are high income countries except ?
19 / 50
According to the supply side of the vicious circle theory of development a country is poor because ?
20 / 50
What is the period of Rabi season ?
21 / 50
Economic sanctions?
22 / 50
The conclusion that free, unregulated markets will produce an efficient outcome breaks down if ?
23 / 50
It is true of science that_______________?
24 / 50
Name the country which has the largest natural gas reserves in the world ?
25 / 50
The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________?
26 / 50
For the United states, exports plus imports are about _____ of its gross national product?
27 / 50
Agents of socialization consist of_______________?
28 / 50
A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?
29 / 50
Behavioral theories of the firm concentrate on the _______ interests of _______?
30 / 50
if demand is price inelastic ?
31 / 50
___________ are quotas that lead to a complete abolishment of trade?
32 / 50
Which statement is False ?
33 / 50
Social scientists________________?
34 / 50
Most population experts_______________?
35 / 50
A case study is most useful when ____________?
36 / 50
The public sector_________________?
37 / 50
Refer to Exhibit 6.If People in the economy expect inflation to be 6 percent but inflation turn out to be 3 percent the economy is operating at point ?
38 / 50
In the social sciences discrimination as a concept means_________________?
39 / 50
The presidents most important role is as_______________?
40 / 50
Which of the following is an example of equity finance ?
41 / 50
Which statement is an example of stereotyping ?
42 / 50
Agriculture in industrial nations is now based on_________________?
43 / 50
If the price elasticity of demand for a product in market A is -0.2 and in market B is -3 a price discriminator will charge ?
44 / 50
Net National Product equals ?
45 / 50
The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?
46 / 50
In industrial societies consumption ?
47 / 50
What is Euro ?
48 / 50
Credit risk refers to a bond?s ?
49 / 50
Marginal revenue is the ________ when output is __________?
50 / 50
In Pakistan what is the yield of sugarcane ?
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