Economics Quiz 70
1 / 50
Which component of culture is central to human life______________?
2 / 50
The natural rate hypothesis argues that ?
3 / 50
The biological basis of human personality derives from____________________?
4 / 50
GNP includes ?
5 / 50
A tax whose burden expressed as a percentage of income, falls as income increases is a ?
6 / 50
Symbolic analysts are_______________?
7 / 50
Increased levels of spending on imports ?
8 / 50
If the economy is in the though phase of the business cycle, aggregate demand ____ unemployment ______ inflation ______ and the current account of the balance of payments is likely to move towards ________?
9 / 50
Technological improvements are similar to international trade since they both ?
10 / 50
Yahoo, Infoseek, and Baido are all called ?
11 / 50
The present death rate per thousand in Pakistan in ?
12 / 50
Under the EU?s Common Agricultural Policy, a variable import levy equals the ?
13 / 50
The highest birthrates today are found in________________?
14 / 50
_______ represents the difference between what consumer have to pay for a product and what they are willing and able to pay ?
15 / 50
In a planned or command economy, all the economics decisions are taken by the ?
16 / 50
If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
17 / 50
Which is the most abundantly found metal on the Earth?s surface ?
18 / 50
Ideologies___________________?
19 / 50
The power of a bank to create credit is affected by ?
20 / 50
Utilitarian organizations include_____________?
21 / 50
Along a short-run Phillips curve, ?
22 / 50
The record of country?s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?
23 / 50
John Stuart Mill was the founder of the ?
24 / 50
In developed countries, tariffs on raw materials tend to be ?
25 / 50
What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?
26 / 50
Freudian psychoanalytic theory emphasizes the importance of the______________?
27 / 50
If the government increases spending and raises taxes by just enough to finance this increase it will ?
28 / 50
Embezzlement and fraud are two examples of_________________?
29 / 50
What occurs when a firm?s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ?
30 / 50
For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?
31 / 50
With International trade, what would be the maximum amount of steel that South Korea would be willing to export to Japan in exchange for each DVD ?
32 / 50
According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?
33 / 50
Which crops are sown in Rabi season ?
34 / 50
National income of a country is based on ?
35 / 50
Which term is used for a bank account which can be operated at will ?
36 / 50
Anthropologists have developed ?
37 / 50
Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?
38 / 50
Total planned OR desired spending in the economy as a whole within a given period is called_____________?
39 / 50
What is called a country?s total financial obligations to the rest of the world ?
40 / 50
A miner who has been unable to find work for so long that he has stopped looking for work is considered to be ?
41 / 50
Groundnut crop is the monopoly of ____________?
42 / 50
Which country is the chief exporter of jute ?
43 / 50
Which of the following statements regarding discrimination is true ?
44 / 50
The trend toward early retirement seems to be______________?
45 / 50
Economic transition involves high inflation because _____ and ______?
46 / 50
Absolute advantage is determined by ?
47 / 50
Religiosity refers to_______________?
48 / 50
Which is the most densely populated province of Pakistan ?
49 / 50
Which of the following is not likely to be government objective ?
50 / 50
Which of the following is an example of moral hazard ?
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