Economics Quiz 53

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Economics Quiz 53

1 / 50

A case study is most useful when ____________?

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

In the long run in perfect competition ?

4 / 50

Behavioral theories of the firm concentrate on the _______ interests of _______?

5 / 50

The conclusion that free, unregulated markets will produce an efficient outcome breaks down if ?

6 / 50

Change may be experienced at which level ?

7 / 50

Agriculture in industrial nations is now based on_________________?

8 / 50

Net investment is___________________?

9 / 50

Which statement is False ?

10 / 50

___________ are quotas that lead to a complete abolishment of trade?

11 / 50

What is the period of Rabi season ?

12 / 50

Economic sanctions?

13 / 50

Credit risk refers to a bond?s ?

14 / 50

The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?

15 / 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 ?

16 / 50

The term technology refers to______________?

17 / 50

Agents of socialization consist of_______________?

18 / 50

Banks create money by ?

19 / 50

All of the following are high income countries except ?

20 / 50

Which of the following is an example of equity finance ?

21 / 50

Which does the government not control directly ?

22 / 50

The public sector_________________?

23 / 50

Net National Product equals ?

24 / 50

The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________?

25 / 50

The relationship of the mass media and politicians can be described as_________________?

26 / 50

________ refers to the price charged for products sold to a subsidiary to a multinational corporation b another subsidiary in another country?

27 / 50

Latent functions of government include_______________?

28 / 50

According to last census, the population growth rate in Pakistan was ?

29 / 50

Social scientists________________?

30 / 50

In industrial societies consumption ?

31 / 50

When economists talk about developing countries experiencing flight of capital they mean?

32 / 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) ?

33 / 50

Which statement is an example of stereotyping ?

34 / 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 ?

35 / 50

Name the country which has the largest natural gas reserves in the world ?

36 / 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?

37 / 50

if demand is price inelastic ?

38 / 50

Coffee requires hot and moist climate and grows best on slopes which of the following countries is leading in coffee production ?

39 / 50

In the social sciences discrimination as a concept means_________________?

40 / 50

What is Euro ?

41 / 50

According to the supply side of the vicious circle theory of development a country is poor because ?

42 / 50

In Pakistan what is the yield of sugarcane ?

43 / 50

Most population experts_______________?

44 / 50

Free port is ?

45 / 50

Marginal revenue is the ________ when output is __________?

46 / 50

Cultural universals include ?

47 / 50

For the United states, exports plus imports are about _____ of its gross national product?

48 / 50

A ________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything?

49 / 50

It is true of science that_______________?

50 / 50

The presidents most important role is as_______________?

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