Economics Quiz 55

About _________ of the World?s population lives in LDCs?

Rawls?s miximin criterion does not mean that there should be redistribution so as to equalise everyone?s incomes in society because ?

Deviance that has been exposed leads to______________?

All of the following are fundamental to the World Trade Organization except ?

Suppose that the purchasing power parity estimate of the dollar/euro exchange rate is $1.30 per euro, and the current spot rate is $1.3 8 per euro. Comparing these two exchange rates from a long-run viewpoint you would ?

Population density may be defined as_________________?

Suppose that a war is fought will biological weapons. The weapons destroy people but not capital. What is likely to happen to equilibrium wages and rental rates after the war when compared to their values before the war ?

All of the following are commonly recognized promotion budget formal EXCEPT ?

illegal acts that are characterized by deceit concealment or violation of trust is the FBI,s definition of_______________?

If a small country imposes a tariff on an imported good, its terms of trade will ?

Among the leading causes of divorce are______________?

If GDP = Rs1,000 Consumption = Rs 600 taxes = Rs 100, and government purchases = Rs200, how much is saving and investment ?

If demand increase in a market this will usually lead to ?

Which Pakistani city is famous for high quality sports equipment ?

An essential attribute of inflation is ?

Following a divorce both partners remarry in what percentage of cases ?

In the kinked Demand Curve theory it is assumed that ?

The Black movement to the urban North from the rural South was similar to______________?

Social Darwinists believed that________________?

Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as______________?

In which of the crops Russia does not lead ?

If Canada runs a balance of payments surplus and exchange rates are floating ?

The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable it should be ?

Consulting firms that use large-scale econometric models to forecast exchange rate movements are engaging in ?

During and after a depression the government can use fiscal policy through its powers of_____________?

The orange juice manufacturers know that orange juice is most often consumed in the mornings. However they would like to change this and make the drink acceptable during other time periods during the day Which form of segmentation would they need to work with and establish strategy reflective of their desires ?

The theoretical basis for zero marginal productivity of labor was the concept of ?

A price ceiling is ?

A critic of ?Shock therapy? to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?

What is meant by capital stock ___________?

When the $/? exchange rate rises the pound _____ and when the $/? rates falls the pound ________?

Singapore and Hong Kong have become major economic powers by taking advantage of their ?

The study of traits that appear in specific population as adaptation to specific environments is called ?

The multiple by which total deposits can increase for every pound increase in reserves is the ?

Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?

When a company enters a new product category for which its current brand names are not appropriate it will likely follow which of the following brand strategies ?

Brassical in the Latin name for what spice ?

The bank established for loans to very small enterprises in Pakistan is called_______________?

If the exchange rate between the UK and Japan changes from ?1 = 100 yen to ?1 = 150 yen then ceteris paribus, the price of UK goods in Japan ?

In a supply and demand diagram for Japanese yen, with the exchange rate in dollars per yen on the vertical axis, the demand schedule for yen is drawn sloping ?

Which resources are scarce in every society ?

Admiration of power and intolerance of differences is linked to a_________________?

An area which is today in the first stage of the demographic transition is the following________________?

Who is called Father of Economics ?

Suppose, due to political instability, Russians suddenly choose to purchase UK assets as opposed to Russian assets Which of the following statements is true regarding the value of the pound and UK net exports ?

Which country produced the most rubber ?

By Which scale the value of all economic activity produced by a nation during a given period is measured ?

Foreign policy decisions may be categorized into those that are________________?

If GNP of Pakistan rises. it will encourage ?

When personal interviewing involves inviting six to ten people to gather for a few hours with a trained interviewers to talk about a product service, or organization the method is called ?