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