Economics Quiz 8
1 / 50
Which of the following is not a characteristic of a monopolistically competitive market ?
2 / 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 ?
3 / 50
The initial impact of an increase in government spending is to shift ?
4 / 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:
5 / 50
Economics assumes that people consume goods and services to achieve ?
6 / 50
Consumer goods with unique characteristics or brand identification often requiring a special purchase effort are called?
7 / 50
Which is the most famous waterfall of the world ?
8 / 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 ?
9 / 50
Urbanism is associated with_____________________?
10 / 50
What was the top chicken producing country ?
11 / 50
Minority groups______________?
12 / 50
Which is NOT form of plural marriage ?
13 / 50
Smith wrote that private ownership of the means of production would ?
14 / 50
Downsizing is______________?
15 / 50
Which of the following is indicated by the term unemployed ?
16 / 50
By 2050 8 billion of the projected 9.5 billion people will be_____________________?
17 / 50
If a nation fitting the criteria for the large nation model imposes an import tariff ?
18 / 50
How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?
19 / 50
In perfect competition ?
20 / 50
One criticism of Rostow?s theory of economic growth is that ?
21 / 50
What is public sector ?
22 / 50
What is Free port ?
23 / 50
Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are ?
24 / 50
Overpopulation is a problem worldwide but only in relation to________________?
25 / 50
Which of the following would cause a demand curve for a good to be price inelastic ?
26 / 50
Which of the following is likely to generate a compensating differential ?
27 / 50
The oil supplies of the United States are subject to______________?
28 / 50
Sen?s welfare theory relies on ?
29 / 50
In stratified societies categories of people are ranked by________________?
30 / 50
The retail price index is used to__________________?
31 / 50
The elitist school of thought asserts that______________?
32 / 50
The marginal propensity to consume is equal to ?
33 / 50
The emigration of highly-skilled people from the developing countries is known as ?
34 / 50
We measure national income by this method ?
35 / 50
Which of the following is NOT true of primary relations ?
36 / 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 ?
37 / 50
Black Volcanic soil and tropical climate is most suitable without excess rainfall for which crop ?
38 / 50
Which one is the dominant source of foreign exchange earning ?
39 / 50
Term a film that is engaged in two or more unrelated businesses ?
40 / 50
Which fruit is an offspring of the pummel ?
41 / 50
A combined measure of productivity that takes account of both labor and capital productivity is known as ?
42 / 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 ?
43 / 50
Which property the paper money does not process ?
44 / 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 ?
45 / 50
Romance as a reason for marriage________________?
46 / 50
How much of the total population of the world is living in Asia ?
47 / 50
The idea that technology changes social organization and ideology is called______________?
48 / 50
The victims of crime tend to be_______________?
49 / 50
Which is the most widely used tool of monetary policy ?
50 / 50
What is the share of Sindh in the total population of Pakistan ?
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