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