Economics Quiz 81

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Economics Quiz 81

1 / 50

Improved training of employees would ?

2 / 50

If currency dealers expect the value of the pound to fall, the exchange value will tend to ?

3 / 50

Indices of income distribution measure ?

4 / 50

Scale for measuring the average share price and percentage change of 30 major US industrial companies is called ?

5 / 50

What is called the stock that sells at a high price ?

6 / 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 ?

7 / 50

To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

8 / 50

Each point on the IS curve represents the equilibrium point in the ?

9 / 50

Automatic stabilizers act to ______ government expenditures and _______ government revenue during an expansionary period?

10 / 50

Privatization is the transfer of ?

11 / 50

In education_______________?

12 / 50

The misery index Which some commentators suggest measures the health of the economy, is ?

13 / 50

Discrimination occurs_______________?

14 / 50

Which country leads in production of barley among the following ?

15 / 50

The United Nations__________________?

16 / 50

The European Monetary Union is an example of a ?

17 / 50

If a production function exhibits diminishing marginal product the slope of the corresponding total-cost curve ?

18 / 50

Externalities arise because there is a divergence between ________ and _________?

19 / 50

According to the cultural transmission theory deviance is learned through________________?

20 / 50

Which term is used for the value imprinted on a security ?

21 / 50

Which city has the following transport policy ?

22 / 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 ?

23 / 50

The family today influences_______________?

24 / 50

What is referred by the hard currency ?

25 / 50

An increase in income will ?

26 / 50

G. MacDougall?s empirical results can be interpreted as ?

27 / 50

Collective behavior_______________?

28 / 50

The theory of international exchange that holds that exchange rates adjust to offset differences in countries inflation rates in the ?

29 / 50

Scientific observation in the social sciences differs from that in the natural sciences because___________?

30 / 50

How much is contributed by agriculture to GNP of the country ?

31 / 50

Deviance contributes to social change in that________________?

32 / 50

Two countries that still rely on the Soviet communist model of development are ?

33 / 50

In a free market?

34 / 50

Language gestures and music are________________?

35 / 50

Total population of livestock in Pakistan is ?

36 / 50

The analyzes the income distribution effects of trade in the short run when resources are immobile among industries ?

37 / 50

What is called a check that is returned by a bank because it is not payable, usually because of insufficient funds ?

38 / 50

Which of the following countries leads the world in the export of oil ?

39 / 50

Emotional stress and maladjustment may occur as a result of______________?

40 / 50

Karl Marx?s historical materialism views were shaped by all of the following EXCEPT ?

41 / 50

The theory that explains business cycles by the dynamic interaction of consumption and investment demand is the ?

42 / 50

The urban crisis________________?

43 / 50

Mosley Harrigan and Toye refer to the IMF and World Bank as________________?

44 / 50

All of the following are credit items in the balance of payments except ?

45 / 50

What is artificial currency ?

46 / 50

When a tax is collected from the buyers in a market, ?

47 / 50

According to Daniel Bell the first technological revolution_______________?

48 / 50

What is called that company which make loans to individuals, while not receiving deposits like a bank ?

49 / 50

How is termed the balance of investment and return; in which investment and return are exactly equal ?

50 / 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 _________?

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