Economics Quiz 7
1 / 50
A medical model of deviance assumes that it is caused by_________________?
2 / 50
Which of the following programs are particularly dependent upon state resources ?
3 / 50
A culture complex is_______________?
4 / 50
When supply and demand for money are expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis an increase in the price level ?
5 / 50
Suppose that tomatoes from Mexico face a 20 percent tariff in the United States and a 25 percent tariff in Canada. If the United States and Canada maintain free trade between each other, the these two countries belong to a ?
6 / 50
If your income doubles and the prices of the goods you buy double then your demand for these goods will likely?
7 / 50
Between 1990 and 1999 car ownership per thousand of the population fell in ?
8 / 50
People who suffer from status inconsistency__________________?
9 / 50
Urban renewal has_________________?
10 / 50
The study of inflation is part of ?
11 / 50
Birthrates remain high is the Third World because_________________?
12 / 50
Countercultures are_______________?
13 / 50
In a perfectly competitive labour market firms are wage takers and the marginal cost of labour equals?
14 / 50
Which type of income is earned only the actor of production enterprise ?
15 / 50
Injection into the circular flow are ______ and __________?
16 / 50
A way of calculating the total output of the economy and all incomes earned within the Pakistan regardless of whether the resources are Pakistan or foreign is_______________?
17 / 50
Max Weber,s notion of life chances closely resembles the concept of________________?
18 / 50
The single European Act committed ________ governments to a ________ in 1992?
19 / 50
In the balance of payments the statistical discrepancy is used to ?
20 / 50
How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?
21 / 50
When supply increase in an agricultural market farmer?s earning might fall because ?
22 / 50
Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?
23 / 50
The biggest of greatest amount of involvement in a foreign market comes through which of the following ?
24 / 50
Each society must make the following decisions of an economic nature regarding the______________?
25 / 50
Unemployment resulting from real wages being above their equilibrium level is called _________ unemployment?
26 / 50
The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?
27 / 50
When capital mobility is perfect interest rate differentials will tend to be offset by ?
28 / 50
U.S total official development assistance to developing countries is ?
29 / 50
If the bank is selling francs for $0.45, then what is the implied franc price of the dollar ?
30 / 50
Participant observation_________________?
31 / 50
The market for hand tools (such as hammers and screwdrivers) is dominated by Draper Stanley, and Craftsman This market is best described as ?
32 / 50
What is underwriter ?
33 / 50
The major function of the legislative branch is_______________?
34 / 50
A firm that breaks even after all economic costs are paid is earning ?
35 / 50
Economic development refers to ?
36 / 50
Investment funds are established for the supports of institutions such as hospitals investment is called ?
37 / 50
In his book The Inevitability of Patriarchy Steven Goldberg asserts that_____________?
38 / 50
The primary reason that many companies work to become the low cost producers in their industry is because ?
39 / 50
Members of the EU find that trade creation|| is fostered when their economies are ?
40 / 50
Which of the following is Not true about external debt ?
41 / 50
If the Keynesian consumption function is C = 10 + 0.8 Td when disposable income is Rs1000 total consumption is what ?
42 / 50
A company is practicing ________ if it focuses on subbasements with distinctive traits that may seek a special combination of benefits ?
43 / 50
Rules and Particles that govern the management of an organization are called ?
44 / 50
Williamson suggests that managers might NOT try to achieve ?
45 / 50
If, in the long run, people adjust their price expectations so that all prices and incomes move proportionately to an increase in the price level then the long-run Phillips curve ?
46 / 50
Import substitution is the replacement of ____ by domestic production _____ protection of ________?
47 / 50
Assume that a Big Mac hamburger cost $3 in the United States 2 pesos in Mexico The implied purchasing power parity exchange rate between the peso and the dollar is ?
48 / 50
Which of the following nations can be trusted NOT to explode atomic bombs on the surface of the earth ?
49 / 50
If Honda uses its company name to cover such different products as its automobile?s lawn mowers and motorcycles, it is practicing which of the following strategies ?
50 / 50
The income elasticity is +2 and income increases by 20% sales were 5000 units, what will they be now ?
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