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Economics Quiz 71

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Economics Quiz 71

1 / 50

The public Sector Net Cash Requirement (PSNCR) is ?

2 / 50

The percentage of the labor force that is unemployed is the ?

3 / 50

During the Great Depression workers in DCs who took inferior jobs as a result of being laid off were known as ?

4 / 50

A ____ is a regional trading bloc in Which member countries eliminate internal trade barriers but maintain existing barriers against countries that are not member ?

5 / 50

The most fundamental factor(s)in stratification is (are)______________?

6 / 50

The differences between a country?s merchandise exports and its merchandise imports is the ?

7 / 50

The Protestant denomination emphasized in Max Weber,s Protestant Ethic and the Spirit of Capitalism was_______________?

8 / 50

According to Coase?s theorem when property rights are well defined and legally enforceable and transactions costs are not prohibitive ?

9 / 50

Which of the following is known as foreign exchange ?

10 / 50

Which country leads in production of barley among the following?

11 / 50

The branch of economics ?Microeconomics? deals with______________?

12 / 50

Which of the following is not involved with fiscal policy ?

13 / 50

Which of the following is macroeconomic issue ?

14 / 50

What is called degree of buyer?s responsiveness to price changes ?

15 / 50

Some of the restrictions as work in a market include________________?

16 / 50

In perfect competition ?

17 / 50

Multinational corporations ?

18 / 50

The crop most susceptible to frost is ?

19 / 50

The appreciation in the value of the dollar in the early 1980s is explained by all of the following except ?

20 / 50

Which of the following statements is not true with regard to the standard properties of indifference curves ?

21 / 50

Sellers that handle their own exports are engaged in ?

22 / 50

The Liquidity Trap condition occurs at a_______________?

23 / 50

In an open or class society_________________?

24 / 50

Compared to a perfectly competitive market a monopoly market will usually generate ?

25 / 50

In Northern Areas total forest area is ?

26 / 50

The total number of item that the company carries within its product lines refers to the ________ of the product mix?

27 / 50

Potential output can be increased by ____ or by ______?

28 / 50

You can see the computer age everywhere but, in the productivity, statistics is a attributed to which economist ?

29 / 50

Name the largest synthetic rubber and tyre making centre in the world is ?

30 / 50

The analysis considers the ability of domestic and foreign price of adjust to devaluation in the short run ?

31 / 50

Refer to Exhibit 4, Suppose that the consumer must choose between buying socks and belts Also suppose that the consumer?s income is ?100 Suppose that the price of a pair of socks falls from ?5 to ?2 The substitution effect is represented by the movement from point ?

32 / 50

Population density________________?

33 / 50

For advanced countries such as the United States, tariffs on imported raw materials tend to be ?

34 / 50

A number of relating prices of a group of commodities to their prices during an arbitrarily chosen based period is called ?

35 / 50

Debt-re-scheduling is ?

36 / 50

The costs that depend on output in the short run are ?

37 / 50

Most of developing-country exports consist of ?

38 / 50

Increasing in the real GNP per capita occur when ?

39 / 50

Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

40 / 50

The ability of the Organization of Petroleum Exporting Countries (OPEC) to maximize profits is hampered by ?

41 / 50

Keynesians and monetarists differ over how steep the IS and LM curves actually are Monetarists claim that the IS curve must be __________ and the LM curve must be __________?

42 / 50

Women?s rate of diagnosed depression is__________________?

43 / 50

In today?s world, most countries impose tariffs ?

44 / 50

A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?

45 / 50

What is called increased demand for a limited supply of goods and service result of which is increase in consumer prices ?

46 / 50

?The capacity of a nation to use its resources to affect the behavior of other nations? is a definition of________________?

47 / 50

A shift in demand will have more effect on price than quantity if ?

48 / 50

Today most workers in the United States are employed in the_________________?

49 / 50

The density of population per sq. Km in FATA is ?

50 / 50

The structural functionalist explanation of social stratification asserts that________________?

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