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