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