Economics Quiz 58
1 / 50
When a oligopolist individually chooses its level of production to maximize its profits it charges a price that is ?
2 / 50
For neo-realists the international order is one of________________?
3 / 50
Mention the term for an official act of reducing the rate in which one currency is exchanged for another in international currency markets ?
4 / 50
How is termed a written promise to pay back a specified sum of money at a stated time or on demand ?
5 / 50
What is referred by the discount rate________________?
6 / 50
Those who argue in favor of import protection generally give the impression that such restricted trade will?
7 / 50
Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the short run ?
8 / 50
To use up the final products of production is to_______________?
9 / 50
If there is cyclical unemployment in the economy the government might ?
10 / 50
Telling a child ?You should always say thank you when someone gives you something is an example of____________?
11 / 50
Real business cycle theory suggests that ____ not important in explaining short-term fluctuations around actual output ?
12 / 50
What does mean by ?Emerging Markets ?
13 / 50
Regarding capitalist industrial societies Marx asserted that______________?
14 / 50
A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?
15 / 50
The Keynesian model is a good guide to ____ behavior and the classical model describes behavior in ______?
16 / 50
The ______ is the ratio of the non-working population (under 15-year-old and over 64 years old) to the working-age population ?
17 / 50
Dani Rodrik points out that ?
18 / 50
The Keynesian revolution acknowledged_________________ ?
19 / 50
Real business cycle theories suggest that _____ to correct departures from the desired growth path?
20 / 50
An outward shift in the Marginal Efficiency of Capital should ?
21 / 50
For many second and third generation immigrants ethnic background is less a focus of identity than______________?
22 / 50
What kind of individual is valued in industrial and postindustrial societies ?
23 / 50
Which one is the single largest component of agriculture sector in the country ?
24 / 50
Which of the following products would be least capable of producing an externality ?
25 / 50
The bourgeoisie refers to ?
26 / 50
Which province of Pakistan is the largest cotton producing province ?
27 / 50
The history of the world according to Marx could be interpreted through ?
28 / 50
Which of the following is not one of the four Ps in marketing ?
29 / 50
Mistreatment or abuse of children________________?
30 / 50
The scientific method contains all but one of the following techniques ?
31 / 50
To determine the correct level of GNP, it is necessary to ?
32 / 50
Public limited companies may not maximize their profits because ?
33 / 50
An increase in the demand for apples will cause all but which of the following ?
34 / 50
Ethnocentrism has two meanings The version which may alternatively be called ethnochauvinism refers to the conviction that__________________?
35 / 50
Nicole wants to avoid buying a car that is a lemon. She takes a car she would like to buy to her mechanic before she purchases it. This is known as ?
36 / 50
To be considered a a good candidate for an export cartel, a commodity should ?
37 / 50
What is the total forest are of KHYBER PAKHTUNKHWA ?
38 / 50
The competitive firm maximize profit when it produces output up to the point where ?
39 / 50
The form of dumping that represents the greatest potential net welfare loss the for importing national is ?
40 / 50
If GNP per capita at constant prices for Ghana is US$360 and US$364 in 1996 and 1997 respectively, The real economic growth from 1996 to 1997 is ?
41 / 50
Surveys of American voters reveal_______________?
42 / 50
The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ?
43 / 50
An independent assessment of the impact of firm?s activities on society is called a ?
44 / 50
Price equals ?
45 / 50
According to the principle of comparative advantage ?
46 / 50
In many societies? cannibalism is______________?
47 / 50
According to George Herbert Mead the self is______________?
48 / 50
Tariffs are used to protect infant industries these industries are those which ?
49 / 50
What was the second milk producing country ?
50 / 50
A horizontal merger is a merger of?
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