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Economics Quiz 70

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Economics Quiz 70

1 / 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 ?

2 / 50

Yahoo, Infoseek, and Baido are all called ?

3 / 50

Utilitarian organizations include_____________?

4 / 50

Which of the following statements regarding discrimination is true ?

5 / 50

If the government increases spending and raises taxes by just enough to finance this increase it will ?

6 / 50

The highest birthrates today are found in________________?

7 / 50

Total planned OR desired spending in the economy as a whole within a given period is called_____________?

8 / 50

_______ represents the difference between what consumer have to pay for a product and what they are willing and able to pay ?

9 / 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 _________?

10 / 50

Anthropologists have developed ?

11 / 50

Which term is used for a bank account which can be operated at will ?

12 / 50

Increased levels of spending on imports ?

13 / 50

The record of country?s transfers of land inter-government payments and money sent by migrants to and from abroad is called its ?

14 / 50

A tax whose burden expressed as a percentage of income, falls as income increases is a ?

15 / 50

The power of a bank to create credit is affected by ?

16 / 50

A miner who has been unable to find work for so long that he has stopped looking for work is considered to be ?

17 / 50

Absolute advantage is determined by ?

18 / 50

GNP includes ?

19 / 50

Technological improvements are similar to international trade since they both ?

20 / 50

The trend toward early retirement seems to be______________?

21 / 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 ________?

22 / 50

Economic transition involves high inflation because _____ and ______?

23 / 50

Which component of culture is central to human life______________?

24 / 50

John Stuart Mill was the founder of the ?

25 / 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 ?

26 / 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 ?

27 / 50

Freudian psychoanalytic theory emphasizes the importance of the______________?

28 / 50

The present death rate per thousand in Pakistan in ?

29 / 50

Mention the penalty by which a person loses title of his property, that is a result of some illegal act ?

30 / 50

Ideologies___________________?

31 / 50

According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?

32 / 50

Which of the following is not likely to be government objective ?

33 / 50

Under the EU?s Common Agricultural Policy, a variable import levy equals the ?

34 / 50

National income of a country is based on ?

35 / 50

Which country is the chief exporter of jute ?

36 / 50

Embezzlement and fraud are two examples of_________________?

37 / 50

Which is the most abundantly found metal on the Earth?s surface ?

38 / 50

Which crops are sown in Rabi season ?

39 / 50

In developed countries, tariffs on raw materials tend to be ?

40 / 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 ?

41 / 50

The natural rate hypothesis argues that ?

42 / 50

Which is the most densely populated province of Pakistan ?

43 / 50

Which of the following is an example of moral hazard ?

44 / 50

What is called a country?s total financial obligations to the rest of the world ?

45 / 50

The biological basis of human personality derives from____________________?

46 / 50

Symbolic analysts are_______________?

47 / 50

Groundnut crop is the monopoly of ____________?

48 / 50

Along a short-run Phillips curve, ?

49 / 50

Religiosity refers to_______________?

50 / 50

In a planned or command economy, all the economics decisions are taken by the ?

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