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