Economics Quiz 79
1 / 50
Economists use the term Black Markets for situations where ?
2 / 50
If the exchange rate is 11 Mexican pesos per U.S dollar, then it takes _______ to buy 1 peso?
3 / 50
Third parties arise when_____________?
4 / 50
Religious beliefs are often contained in_______________?
5 / 50
What is the period called 12-months plan of a country to use its funds ?
6 / 50
A population pyramid shows__________________?
7 / 50
Under the Common Agricultural Policy exports of any surplus quantities EU produce are encouraged through the usage of ?
8 / 50
One of the side effects of advertising is that it________________?
9 / 50
The cosmetics industry is not considered by economists to be a good example of perfect competition because ?
10 / 50
Arid Zone Research Centre, of PARC is situated at ?
11 / 50
Which two factors have engendered problems that threaten the environment ?
12 / 50
According to the United States ____ is the number one violator of intellectual property rights
13 / 50
Governmental non-interference in commerce is called ?
14 / 50
What is called an additional levy added to some charge ?
15 / 50
The noncustodial parent______________?
16 / 50
The ultimate effect of stratification systems is to________________?
17 / 50
Individuals who become inmates of a total institution undergo the process of______________?
18 / 50
Market value of all final goods and services produced in a country during a year is definition of ?
19 / 50
Which of the following countries lead in the production of Nickel in the world ?
20 / 50
Maximum profit can be shown on a diagram using ?
21 / 50
________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries ?
22 / 50
If the income effect is smaller than the substitution effect, higher net wages will ?
23 / 50
______ includes practices such as overstating the product?s features or performance luring the customer to the store for a bargain that is out of stock, or running rigged contests ?
24 / 50
Trade-offs are required because wants are unlimited, and resources are ?
25 / 50
Heavy Mechanical Complex Taxila was set up with the aid of ?
26 / 50
A group of firms that gets together to make price and output decisions is called ?
27 / 50
The unique two-party system in the United States is based on______________?
28 / 50
The migration of employable workers from low-paying nations to high-paying nations will ?
29 / 50
A mother who says ?If you hang out with bums you will become a bum? favors which theory of deviance ?
30 / 50
With international trade, what would be the maximum number of DVDs that Japan would be willing to export to South Korea in exchange for each ton of steel ?
31 / 50
When the period of Kharif crop starts and when ends ?
32 / 50
Term the enterprise or organization which is managed by those who use its facilities or services ?
33 / 50
Which of the following is not a public policy to promote the private sector ?
34 / 50
Trade between two countries can be useful if cost ratios of goods are ?
35 / 50
Membership in specific racial ethnic and religious groupings is________________?
36 / 50
The difficulty with fighting terrorism is that_________________?
37 / 50
Mention the term which is used for the large-scale removal of individual and corporate investment capital and income from a country ?
38 / 50
The negative effect on the economy that occurs when average tax rates increase because taxpayers have moved into higher income brackets during an expansion is ?
39 / 50
Today physicians the clergy and lawyers have difficulty dealing with test tube babies and surrogate motherhood We could say that they are grappling with_________________?
40 / 50
Compared to the case of perfect competition, a monopolist is more likely to ?
41 / 50
Which of the following is will NOT reduce capital flight from source countries ?
42 / 50
Demand and supply are________________?
43 / 50
An increase in the marginal propensity to consumer (MPC) ?
44 / 50
The total fertility rate (TFR) is ?
45 / 50
The surplus caused by a binding price floor will be greatest if ?
46 / 50
Which of the following groups has traditionally had the worst voting record in the United States ?
47 / 50
USA is the chief exporter of ?
48 / 50
When a company reviews sales costs and profit projections for a new product to find out whether these factors satisfy the company?s objectives they are in which of the following new process development stages ?
49 / 50
Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?
50 / 50
Economics is the study of ?
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