Economics Quiz 59

Which country has the largest area in the world ?

The term ?constitutional? is reserved to describe________________?

Which of the following is NOT true of minority groups ?

In 1990, during the Persian Gulf War, the U.S government extended generous terms to two middle-income countries by canceling or reducing their debt The two countries were ?

Which company holds the world record for having the maximum number of shareholders ?

The theory that states that a country has a comparative advantage in the production of a product if that country is relatively well endowed with inputs used intensively in the production of that product is the?

The total multiplier for the economy will reflect ?

A movement along the demand curve to the left may be caused by ?

Most American cities have_________________?

Cash crops cover nearly _______ of the cropped areas?

When the financial system lacks the capability of making judgement about investment opportunities due to asymmetric information leading to potentially bad credit risks lending is subject to ?

An advocate of the classical model of the economy would claim that unemployment is created when the ____ is above its equilibrium level in the ______?

Malthus suggested the following as means of birth control________________?

Which exchange rate mechanism in intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions ?

A attempts to limit outsourcing of jobs to foreigners by requiring that a minimum percentage of a product?s value must be produced domestically if that good is to be sold in the domestic market ?

Firms undertake multinational operations in order to ?

The appropriate tax rate to consider judging the vertical equity of a tax system is the ?

Advocates of the elitist approach believe that the ruling elite maintains its power by____________?

The social sciences lack ?

Craft unions differed from industrial unions in that they______________?

Objectivity means ?

Which of the following workers would be most likely to find it more difficult to get a job after a rise in the minimum wage rate?

P2P is business slang. What does it refer ?

Referring to the above table, the U.S balance of international indebtedness suggests that the U.S is a net ?

Which of the following is not a supply side measure ?

Of the World?s population what portion lives in developing countries ?

The quantity demanded of Pepsi has decreased. The best explanation for this is that ?

in general a flatter demand curve is more likely to be ?

Country B has an absolute advantage in ?

In Africa many children are_________________?

Central bank?s rate of lending to commercial banks is called ?

The external benefits of using cars are ____ and the external costs are _____?

Environmental depletion is the term used to mean that________________?

Violation of a folkway is considered ?

According to the price/quality strategy matrix when a company overprices its product in relation to its quality it is considered to be using which type of strategy ?

Our standards of living is most closely related to ?

The Heckscher-Ohlin theorem states that a country will have comparative advantage in the good whose production in relatively intensive in the with which the country is relatively abundant ?

Productivity can be increased by ?

In determining salesforce size, when a company groups accounts into different size classes and then determines the number of salespeople needed to call on them the desired number of times it is called the ?

Which of the following countries is known as sugar bowl ?

Black volcanic soil and tropical climate is most suitable without excess rainfall for which crop ?

To adjust from Gross National Product to Net National Product ?

________ is the process of evaluating each market segment?s attractiveness and selecting one or more segments to enter?

Suppose two economists are arguing about policies that deal with unemployment. One economist says. The government could lower unemployment by one percentage point if it would just increase government spending by 50 billion dollars the other economist responds Nonsense and poppycock! If the government spent an additional 50 billion dollars it would reduce unemployment by only one tenth of one percent. and that effect would only be temporary! These economists ?

Which state is in the US produces the most blueberries ?

An ecological city is___________________?

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 long run ?

Before ecological problems can be resolved what will probably need to happen ?

Barriers to entry do not include ?

Reaganomics was a radical shift in Policy aimed at direct tackling ?