Economics Quiz 81
1 / 50
The theory of international exchange that holds that exchange rates adjust to offset differences in countries inflation rates in the ?
2 / 50
What is referred by the hard currency ?
3 / 50
Improved training of employees would ?
4 / 50
Which term is used for the value imprinted on a security ?
5 / 50
An increase in income will ?
6 / 50
How much is contributed by agriculture to GNP of the country ?
7 / 50
According to the cultural transmission theory deviance is learned through________________?
8 / 50
Scientific observation in the social sciences differs from that in the natural sciences because___________?
9 / 50
In education_______________?
10 / 50
The price decrease from Rs 2,000 to Rs 1,800 Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?
11 / 50
According to Daniel Bell the first technological revolution_______________?
12 / 50
The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?
13 / 50
Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?
14 / 50
Discrimination occurs_______________?
15 / 50
When a tax is collected from the buyers in a market, ?
16 / 50
All of the following are credit items in the balance of payments except ?
17 / 50
Externalities arise because there is a divergence between ________ and _________?
18 / 50
How is termed the balance of investment and return; in which investment and return are exactly equal ?
19 / 50
Which country leads in production of barley among the following ?
20 / 50
Emotional stress and maladjustment may occur as a result of______________?
21 / 50
To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?
22 / 50
What is artificial currency ?
23 / 50
Each point on the IS curve represents the equilibrium point in the ?
24 / 50
If a production function exhibits diminishing marginal product the slope of the corresponding total-cost curve ?
25 / 50
Two countries that still rely on the Soviet communist model of development are ?
26 / 50
Which of the following countries leads the world in the export of oil ?
27 / 50
In a free market?
28 / 50
Scale for measuring the average share price and percentage change of 30 major US industrial companies is called ?
29 / 50
Total population of livestock in Pakistan is ?
30 / 50
The urban crisis________________?
31 / 50
Privatization is the transfer of ?
32 / 50
Automatic stabilizers act to ______ government expenditures and _______ government revenue during an expansionary period?
33 / 50
The misery index Which some commentators suggest measures the health of the economy, is ?
34 / 50
Mosley Harrigan and Toye refer to the IMF and World Bank as________________?
35 / 50
What is called the stock that sells at a high price ?
36 / 50
If currency dealers expect the value of the pound to fall, the exchange value will tend to ?
37 / 50
Indices of income distribution measure ?
38 / 50
Collective behavior_______________?
39 / 50
The family today influences_______________?
40 / 50
Language gestures and music are________________?
41 / 50
The European Monetary Union is an example of a ?
42 / 50
What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ?
43 / 50
The theory that explains business cycles by the dynamic interaction of consumption and investment demand is the ?
44 / 50
What is called that company which make loans to individuals, while not receiving deposits like a bank ?
45 / 50
The United Nations__________________?
46 / 50
Which city has the following transport policy ?
47 / 50
Karl Marx?s historical materialism views were shaped by all of the following EXCEPT ?
48 / 50
Riskless transactions to take advantage of profit opportunities due to a price differential or a yield differential in excess of transaction costs are called ?
49 / 50
G. MacDougall?s empirical results can be interpreted as ?
50 / 50
Deviance contributes to social change in that________________?
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