Economics Quiz 67
1 / 50
According to classical models, the level of employment is determined primarily by ?
2 / 50
The most logical budget setting method is found in the list below. Which is it ?
3 / 50
Hitler led the German people by emotional speeches He derived his authority from________________?
4 / 50
South Africa is the chief exporter of ?
5 / 50
Stressing the desirability of retaining each group,s cultural distinctiveness is part of the ideology of______________?
6 / 50
All of the following factors can affect the attractiveness of a market segment EXCEPT ?
7 / 50
A reference group is a(n) ?
8 / 50
Baran?s Neo-Marxist thesis has been criticized for ignoring the probability that power is frequently ?
9 / 50
The percentage of people around the world who lived in cities in 2005 is approximately________________?
10 / 50
From the sale of capital assets tax is levied on profits. What this tax is called ?
11 / 50
About ____ of land is cultivated through irrigation water?
12 / 50
The fraction of change in income that is consumed or spend is called ?
13 / 50
Maintaining full employment stabilizing the economy and pursuing economic growth are issues analyzed in the context of_______________?
14 / 50
Political ideology deals with______________?
15 / 50
Infant mortality ?
16 / 50
Which of the following is most likely to be a variable cost for a firm ?
17 / 50
The classical conservative approach to stratification is that____________?
18 / 50
The current growth rate of population in Pakistan is ?
19 / 50
The reason for the kinked demand curve is that ?
20 / 50
The chain of events that results from an expansionary monetary policy is ?
21 / 50
Polish economist Oskar Lange?s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?
22 / 50
By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?
23 / 50
Data are important in economics because _________ and ____________?
24 / 50
Similarities common to all cultures are called_________________?
25 / 50
If buyers are rational and there is no market failure ?
26 / 50
Assume that firms in an oligopoly are currently colluding to set price and output to maximise total industry profit. If the oligopolists are forced to stop colluding, the price charged by the oligopolists will _________ and the total output produced will __________?
27 / 50
The participation rate in the labour force is affected by ?
28 / 50
Since 1998 many government have defined unemployment using ?
29 / 50
Engineers lawyer?s investment bankers? top CEOs entertainers and so on are described as_____________?
30 / 50
In general, if a benevolent social planner wanted to maximize the total benefits received by buyers and sellers in a market, the planner should?
31 / 50
In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?
32 / 50
A shift is demand will have more effect on price than quantity if ?
33 / 50
The opportunity cost of one DVD in South Korea is ?
34 / 50
Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?
35 / 50
The Micropolitan Statistical Area consists of_______________?
36 / 50
Which of the following groups determine market transactions ?
37 / 50
The firms long run output decision will be where ?
38 / 50
Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
39 / 50
The Protestant Ethic and the Spirit of Capitalism was written by ?
40 / 50
When a minority group accepts the culture of the dominant group it is called_______________?
41 / 50
The text primarily applied Weber,s notion of status to______________?
42 / 50
During the Enlightenment of the 18th century_______________?
43 / 50
Congressional representation is based on______________?
44 / 50
The average tax rate is ?
45 / 50
By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?
46 / 50
According to the differential association theory deviant acts are_________________?
47 / 50
When a market is contestable, incumbent firms must __________ to avoid the entry of new competitors?
48 / 50
The social sciences were initially concerned with the consequences of_______________?
49 / 50
According to the law of diminishing utility ?
50 / 50
International trade is based on the nation that ?
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