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