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