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