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