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