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