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Economics Quiz 65

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Economics Quiz 65

1 / 50

What was the second sheep producing country ?

2 / 50

People manipulate the social world which helps them to______________?

3 / 50

All of the following shift the supply of watches to the right except ?

4 / 50

The production of wheat in 2001-2 dropped by 2.9 percent. What was the size of wheat crop this year ?

5 / 50

Suppose an oligopolist individually maximizes its profits. When calculating profits, if the output effect exceeds the price effect on the marginal unit of production, then the oligopolist ?

6 / 50

The AD schedule indicates that _______ inflation is associated with ________ output?

7 / 50

Psychologists researching the causes of prejudice have found that_______________?

8 / 50

Crimes that are tolerated more than others because they seldom include violence include_______________?

9 / 50

Concerning a government?s trade policy, all the following generally apply except ?

10 / 50

A congested toll road is ?

11 / 50

Up till now how much of the water-logged and saline land has been reclaimed ?

12 / 50

During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?

13 / 50

All of the following are debit items in the balance of payments except ?

14 / 50

The Untied States Constitution provides for the________________?

15 / 50

According to Weber?s thesis ?

16 / 50

According to Schumpeter ?

17 / 50

An increase in productivity should ?

18 / 50

Central banks prefer to fix the ____ and accept the resulting _____?

19 / 50

Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

20 / 50

G. MacDougal compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the:

21 / 50

Resources are defined as______________?

22 / 50

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

23 / 50

The study of human group behavior is the definition of________________?

24 / 50

Weber,s ?Protestant Ethic?is_______________?

25 / 50

Mention the theory of inflation or price increase that results from so-called excess demand ?

26 / 50

Taxes may be considered_____________?

27 / 50

Which round of international trade negotiations resulted in the creation of the World Trade Organization ?

28 / 50

What is mortgage______________?

29 / 50

Equilibrium in the circular flow of income occurs when ?

30 / 50

The overall poverty rate is highest among______________?

31 / 50

Which of the following statements is False ?

32 / 50

The Industrial Revolution______________?

33 / 50

Which of the following countries lead in the production of Mica in the world ?

34 / 50

Unemployment benefits may increase the unemployment rate because unemployment benefits ?

35 / 50

In stratified societies categories of people are ranked by______________?

36 / 50

Amount of money needed to purchase the goods and services required to maintain a certain standard of living called ?

37 / 50

Loas Ginger is otherwise known as_______________?

38 / 50

Which one is the dominant source of foreign exchange earning ?

39 / 50

________ is screening new product ideas in order to spot good ideas and drop poor ones as soon as possible?

40 / 50

If we consider the impact on both consumers and producers, then protection of the steel industry is ?

41 / 50

Name a default on debt and obligations by a major financial institution that disrupts the stability of the economic system ?

42 / 50

Which Catholic nation displays high birthrates ?

43 / 50

The difference between gross investment and net investment is ?

44 / 50

NAFTA binds which three countries into a single commercial entity ?

45 / 50

Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?

46 / 50

Higher export demand __________ output and a higher MPZ __________ output?

47 / 50

USA is the chief exporter of_________________?

48 / 50

With the tariff the government collects?

49 / 50

What is the share of K.P.K in the total population of Pakistan ?

50 / 50

What country had the second largest area of forest ?

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