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