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