Economics Quiz 55
1 / 50
The bank established for loans to very small enterprises in Pakistan is called_______________?
2 / 50
Who is called Father of Economics ?
3 / 50
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 ?
4 / 50
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 ?
5 / 50
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 ?
6 / 50
What is meant by capital stock ___________?
7 / 50
Foreign policy decisions may be categorized into those that are________________?
8 / 50
Rawls?s miximin criterion does not mean that there should be redistribution so as to equalise everyone?s incomes in society because ?
9 / 50
If GDP = Rs1,000 Consumption = Rs 600 taxes = Rs 100, and government purchases = Rs200, how much is saving and investment ?
10 / 50
Singapore and Hong Kong have become major economic powers by taking advantage of their ?
11 / 50
Brassical in the Latin name for what spice ?
12 / 50
Consulting firms that use large-scale econometric models to forecast exchange rate movements are engaging in ?
13 / 50
Social Darwinists believed that________________?
14 / 50
All of the following are fundamental to the World Trade Organization except ?
15 / 50
Among the leading causes of divorce are______________?
16 / 50
In the kinked Demand Curve theory it is assumed that ?
17 / 50
Which country produced the most rubber ?
18 / 50
Following a divorce both partners remarry in what percentage of cases ?
19 / 50
A critic of ?Shock therapy? to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?
20 / 50
An essential attribute of inflation is ?
21 / 50
In which of the crops Russia does not lead ?
22 / 50
The study of traits that appear in specific population as adaptation to specific environments is called ?
23 / 50
A price ceiling is ?
24 / 50
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 ?
25 / 50
If Canada runs a balance of payments surplus and exchange rates are floating ?
26 / 50
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 ?
27 / 50
When the $/? exchange rate rises the pound _____ and when the $/? rates falls the pound ________?
28 / 50
If demand increase in a market this will usually lead to ?
29 / 50
Deviance that has been exposed leads to______________?
30 / 50
By Which scale the value of all economic activity produced by a nation during a given period is measured ?
31 / 50
Which resources are scarce in every society ?
32 / 50
The theoretical basis for zero marginal productivity of labor was the concept of ?
33 / 50
Pick out the generic term for the securities industry firms that buy sell and underwrite securities ?
34 / 50
Admiration of power and intolerance of differences is linked to a_________________?
35 / 50
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 ?
36 / 50
If a small country imposes a tariff on an imported good, its terms of trade will ?
37 / 50
The multiple by which total deposits can increase for every pound increase in reserves is the ?
38 / 50
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 ?
39 / 50
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 ?
40 / 50
Which Pakistani city is famous for high quality sports equipment ?
41 / 50
About _________ of the World?s population lives in LDCs?
42 / 50
illegal acts that are characterized by deceit concealment or violation of trust is the FBI,s definition of_______________?
43 / 50
An area which is today in the first stage of the demographic transition is the following________________?
44 / 50
All of the following are commonly recognized promotion budget formal EXCEPT ?
45 / 50
If GNP of Pakistan rises. it will encourage ?
46 / 50
The Black movement to the urban North from the rural South was similar to______________?
47 / 50
During and after a depression the government can use fiscal policy through its powers of_____________?
48 / 50
The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable it should be ?
49 / 50
Population density may be defined as_________________?
50 / 50
Asset that is easily and cheaply turned into cash-notably, cash itself and short-term securities are known as______________?
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