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