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Economics Quiz 68

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Economics Quiz 68

1 / 50

People who are suddenly thrust in a situation for which they know no precedent are vulnerable to_______________?

2 / 50

Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to ?

3 / 50

Nationalisation occurs when ?

4 / 50

A reduction in the costs of production will ?

5 / 50

The increase in total cost when one more unit is produced is known as ?

6 / 50

Suppose you find Rs 20. If you choose to use the Rs 20 to go to a football match your opportunity cost of going to the game is ?

7 / 50

Interest that is calculated as a simple percentage of the original principal amount is called ?

8 / 50

Suppose the government increases its purchases by Rs16 billion. If the multiplier effect exceeds the crowding out effect, then ?

9 / 50

When a monopolist produces an additional unit, the marginal revenue generated by that unit must be ?

10 / 50

The merger of fiber producer and a clothing firm would be _____ merger?

11 / 50

A budgetary deficit means ?

12 / 50

Which one of the following is the largest sector of Pakistan?s economy ?

13 / 50

Serious mental disorders that often require periods of hospitalization or institutionalization are called____________?

14 / 50

Who is called the father of Economics?

15 / 50

GNP is_______________?

16 / 50

The second function of the legislative branch is to______________?

17 / 50

The price elasticity of demand is a negative number this means ?

18 / 50

Chemical pesticides________________?

19 / 50

Which is not a type of mushroom ?

20 / 50

With free trade the total value of imports would equal ?

21 / 50

The essential difference between capitalism and socialism is that ?

22 / 50

Adding up the quantities demanded of a good by different people facing the same price gives us the ?

23 / 50

Which of the following is referred by the phrase trade balance ?

24 / 50

When a national has very little GDP per person ?

25 / 50

Supervising and investigating the manner in which the legislative bureaucracy carries out and implements the laws Congress passes is a function called_____________?

26 / 50

The French term Bourse refers to_________________?

27 / 50

Besides tobacco, tea and cotton, which is the other agricultural produce of China ?

28 / 50

The Relative price (MRT)of S in terms of T i ?

29 / 50

Some state powers are inferred from the power specifically delegated by the Constitution to the central government These are Called ___________?

30 / 50

To be considered a good candidate for export cartel, a commodity should ?

31 / 50

Which money is called ?Earnest? Money ?

32 / 50

An increase in national income is likely to ?

33 / 50

According Piaget,s developmental theory______________?

34 / 50

The highest population density rate in Pakistan is in ?

35 / 50

When markets fail to allocate resources efficiently, the ultimate source of the problem is usually ?

36 / 50

Which of the following statements about money is not true ?

37 / 50

In the calculation of gross domestic product net exports are ?

38 / 50

Which of the following is not an instrument of monetary policy ?

39 / 50

The biggest Industry of Pakistan is ?

40 / 50

An emotional disorder that still allows one to work in society is called a(n) ?

41 / 50

Legal-rational authority is characteristic of________________?

42 / 50

Pakistan?s fiscal years starts from?

43 / 50

An increase in aggregate demand is more likely to lead to demand pull inflation if ?

44 / 50

Investment is ?

45 / 50

How much of the total export earning is through agriculture ?

46 / 50

Concerns that the manufactures of harmful products such as tobacco have influence on lawmakers to the detriment of the public interest is used as evidence of which criticism of marketing ?

47 / 50

Which one is the main source of foreign exchange earning ?

48 / 50

Imitating labor standards from rich countries in LDCs may increase ?

49 / 50

If foreign manufacturing costs and profit margins in response to a depreciation in the U.S dollar the effect of these actions is to ?

50 / 50

What was the crude death rate of 1998 ?

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