Economics Quiz 74

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Economics Quiz 74

1 / 50

The opportunity cost of a student is____________?

2 / 50

A decrease (leftward shift) in the supply for a good will tend to cause ?

3 / 50

What is the share of local edible oil to the national need ?

4 / 50

Which is the most thinly populated province of Pakistan ?

5 / 50

For which of the following products would the burden of a tax likely fall more heavily on the sellers ?

6 / 50

The PFI aims to deliver public projects and services using ?

7 / 50

The first step in the scientific method is____________?

8 / 50

The following statements are true about informal sector except ?

9 / 50

_________ is a principle of enlightened marketing that requires that a company seek real product and marketing improvements ?

10 / 50

Inflation ?

11 / 50

If an increase in a consumer?s income causes the consumer to increase his quantity demand of a good, then the good is ?

12 / 50

A government program, social security is ?

13 / 50

Demographers believe that_______________?

14 / 50

When a tax on a good start small and is gradually increased tax revenue ?

15 / 50

Minor crops in Rabi season are pulses potatoes and ?

16 / 50

The economics system planned economy is ?

17 / 50

Which of the following practices of cultivation can be referred to as crop rotation ?

18 / 50

Social ranking is based on________________?

19 / 50

Which of the following would be considered a supply-side policy ?

20 / 50

Money is___________________?

21 / 50

Which of the following statement is true about low-income countries ?

22 / 50

Persons set apart for differential treatment include________________?

23 / 50

In economics, the pleasure, happiness, or satisfaction received from a product is called ______?

24 / 50

Nontariff trade barriers could include all of the following except ?

25 / 50

In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to ?

26 / 50

Efficiency wages are ____ that raise _____?

27 / 50

A fall in interest rates is likely to ?

28 / 50

Sialkot is also famous for Saddles & ?

29 / 50

An example of public good is ?

30 / 50

Tradable pollution permits ?

31 / 50

The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?

32 / 50

For an inferior good ?

33 / 50

As resources are shifted from one industry to another this can be shown by ?

34 / 50

Americans are likely to experience culture shock_______________?

35 / 50

The research method in which the researcher controls one variable and observes and records the results is called_____________?

36 / 50

Which country is the chief exporter Aluminum?

37 / 50

A study of Japan?s economy since World War II would lead to the conclusion that ?

38 / 50

The Triple Project was designed to carry surplus water from the jhelunito chenab and from chenab to the ?

39 / 50

Which of the following is NOT an interest group ?

40 / 50

Costs that do not vary with production or sales levels are called ?

41 / 50

Which is/are the policy option(s) to counteract business cycles ?

42 / 50

The emergence of the sate as a result of a ?social contract? is the hypothesis found in the work of________________?

43 / 50

An increase in income should ?

44 / 50

According to the Phillips curve, in the short run, if policy makers choose an expansionary policy to lower the rate of unemployment ?

45 / 50

Boeing aircraft company was able to over its production costs of the first ? jumbo jetll in the seventies because Boeing could market it to several foreign airlines in addition to domestic airlines. This illustrates ?

46 / 50

In 2000, China and India constituted about _________ of the world?s population?

47 / 50

A long-term asset, such as land or building is termed as ?

48 / 50

Successful socialization for humans requires_______________?

49 / 50

The price of burgers increase by 22% and the quantity of burgers demanded falls by 25% This indicates that demand for burgers is ____________?

50 / 50

When an increase in government purchases raises incomes shifts money demand to the right raises the interest rate, and lowers investment we have seen a demonstration of ?

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