Economics Quiz 8

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Economics Quiz 8

1 / 50

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ?

2 / 50

Smith wrote that private ownership of the means of production would ?

3 / 50

How much of the total population of the world is living in Asia ?

4 / 50

The marginal propensity to consume is equal to ?

5 / 50

Which is NOT form of plural marriage ?

6 / 50

One criticism of Rostow?s theory of economic growth is that ?

7 / 50

Which is the most widely used tool of monetary policy ?

8 / 50

The oil supplies of the United States are subject to______________?

9 / 50

Which of the following is not a characteristic of a monopolistically competitive market ?

10 / 50

Romance as a reason for marriage________________?

11 / 50

The initial impact of an increase in government spending is to shift ?

12 / 50

Which fruit is an offspring of the pummel ?

13 / 50

If a nation fitting the criteria for the large nation model imposes an import tariff ?

14 / 50

We measure national income by this method ?

15 / 50

When entering a building, Asim diverts his path to go through an open door rather than make the physical effort to open the closed door that is directly in his path. This is an example of:

16 / 50

How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?

17 / 50

By 2050 8 billion of the projected 9.5 billion people will be_____________________?

18 / 50

Economics assumes that people consume goods and services to achieve ?

19 / 50

In stratified societies categories of people are ranked by________________?

20 / 50

The idea that technology changes social organization and ideology is called______________?

21 / 50

What is Free port ?

22 / 50

Which of the following is indicated by the term unemployed ?

23 / 50

Consumer goods with unique characteristics or brand identification often requiring a special purchase effort are called?

24 / 50

Downsizing is______________?

25 / 50

When the world Bank or IMF requires improved external balance in the short run the agency may condition its loan on expenditure switching that is ?

26 / 50

Which property the paper money does not process ?

27 / 50

Which of the following would cause a demand curve for a good to be price inelastic ?

28 / 50

Urbanism is associated with_____________________?

29 / 50

Term a film that is engaged in two or more unrelated businesses ?

30 / 50

The victims of crime tend to be_______________?

31 / 50

What was the top chicken producing country ?

32 / 50

The emigration of highly-skilled people from the developing countries is known as ?

33 / 50

Which of the following is likely to generate a compensating differential ?

34 / 50

The retail price index is used to__________________?

35 / 50

Economic development in Japan after World War II and in Communist China since the 1980s in similar in that both nations have sought to ?

36 / 50

What is the share of Sindh in the total population of Pakistan ?

37 / 50

Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?

38 / 50

Overpopulation is a problem worldwide but only in relation to________________?

39 / 50

Black Volcanic soil and tropical climate is most suitable without excess rainfall for which crop ?

40 / 50

Which is the most famous waterfall of the world ?

41 / 50

Which one is the dominant source of foreign exchange earning ?

42 / 50

The elitist school of thought asserts that______________?

43 / 50

Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?

44 / 50

Minority groups______________?

45 / 50

What is public sector ?

46 / 50

In perfect competition ?

47 / 50

A combined measure of productivity that takes account of both labor and capital productivity is known as ?

48 / 50

Sen?s welfare theory relies on ?

49 / 50

Which of the following statements is true if the government places a price ceiling on petrol at Rs150 per litre and the equilibrium price is Rs100 per litre ?

50 / 50

Which of the following is NOT true of primary relations ?

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