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