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Economics Quiz 54

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Economics Quiz 54

1 / 50

Permanent income is ?

2 / 50

Carmen Reinhart and Kenneth Rogoff explain the paradox of capital flows from poor to rich countries by ?

3 / 50

The World biggest oil refinery is situated in ?

4 / 50

Which of the following is an agricultural produce of Taiwan ?

5 / 50

A country?s transactions with the rest of the world are recorded in the ?

6 / 50

Which of the following is a response to People?s inconsistent behavior over time ?

7 / 50

Democratic capitalism means that________________?

8 / 50

Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

9 / 50

Which of the following help explain why firms pay bonuses to workers during particularly profitable years to prevent workers from becoming disgruntled ?

10 / 50

A medium-term plan can be a(n) ________ revised at the end of each year?

11 / 50

Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market?s most viable segments ?

12 / 50

The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ?

13 / 50

What is price support ?

14 / 50

Which of the following statement is not true about LDCs ?

15 / 50

Commodity money ?

16 / 50

Which is NOT a restraint imposed on the United States government ?

17 / 50

Which of the following is Cottage Industry ?

18 / 50

The classical neoclassical monetarist Keynesian refers to the discipline of_____________?

19 / 50

The cause of inflation is ?

20 / 50

According to Blau and Duncan occupational upward mobility is greatly influenced by______________?

21 / 50

Women after divorce_______________?

22 / 50

Most societies________________?

23 / 50

Where one stands in the social hierarchy is intimately related to________________?

24 / 50

The idea of convergence of GDP in Europe suggests that ?

25 / 50

Which of the following is true regarding the production and pricing decisions of monopolistically competitive firms? Monopolistically competitive firms choose the quantity at which marginal cost equals ?

26 / 50

Which is the largest continent (population wise) of the world ?

27 / 50

Without stabilized prices_______________?

28 / 50

Correlation differs from causation in that correlation ?

29 / 50

Investment is ?

30 / 50

Social organization in the city brought ALL BUT which one of these changes ?

31 / 50

According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will ?

32 / 50

Americans proclaim the need for honesty but cheat on their tax returns This situation indicates that_____________?

33 / 50

If inflation is 8 percent and the real interest rate is 3 percent, then the nominal interest rate must be ?

34 / 50

Experiments are_______________?

35 / 50

In the EMU a country?s competitiveness can change because of ?

36 / 50

According to functionalism the fundamental human needs are_____________?

37 / 50

Which of the following is not True ?

38 / 50

Which of the following is not an argument for protectionism ?

39 / 50

The Gini coefficient is ?

40 / 50

At the intersection of AD and AS equilibrium is achieved in ?

41 / 50

Federal legislation has sometimes been prompted by_____________________?

42 / 50

Identify below those who are not stakeholders in a company ?

43 / 50

Which of the following is a non-metallic mineral ?

44 / 50

According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

45 / 50

Unions achieve a higher wage differential the more _____ and the more ______?

46 / 50

Which of the following is referred by the Debt retirement ?

47 / 50

The exchange rate system that best characterizes the present international monetary arrangement used by industrialized countries is ?

48 / 50

If the quantity demanded of beef increases by 5% when the price of chicken increase by 20% the cross-price elasticity of demand between beef and chicken is ?

49 / 50

Leontief?s result were considered paradoxical because the United Stated was believed to be ?

50 / 50

If a nation fitting the criteria for the small nation model imposes a 10 percent tariff on imports of autos ?

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