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