Economics Quiz 83

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Economics Quiz 83

1 / 50

Traditional autocracy has been replaced by________________?

2 / 50

Which of the following is included in broad money, but not included in narrow money ?

3 / 50

Which one of the following is the main cash crop of Pakistan ?

4 / 50

A counterculture ?

5 / 50

A major weakness of the kinked demand curve model of oligopoly is that ?

6 / 50

A recession is ?

7 / 50

The functional distribution of income shows how national income is divided between ?

8 / 50

Among the causes of violence the most probable is/are___________________?

9 / 50

Firms are assumed to ________ costs and to ________ profits?

10 / 50

Pakistan is the _________ largest Date Palm Producer country in the world?

11 / 50

Which term is used for the period of competition in which each competitor tries to cut retail prices below the others ?

12 / 50

If some gain and some lose as the result of a proposed change and it can be demonstrated that the value of the gains would exceed the value of the losses then the change is said to be ?

13 / 50

The economists who emphasised wage flexibility as a solution for unemployment were ?

14 / 50

The formula for the Laspeyres price index is (o is the base year and n is the given year) ?

15 / 50

The main reason why land reform increase agricultural output is that is ?

16 / 50

The type of foreign policy decisions made by the governmental bureaucracy fall into the category of_______________?

17 / 50

Shareholders of a corporation elect individuals to carry out certain tasks that are establishment in the charter. What these individuals are called ?

18 / 50

Lower interest rates are likely to ?

19 / 50

Devaluation means ?

20 / 50

A tax on imports exports, or consumption goods is called ?

21 / 50

Possibility of negative events or changes in the business climate of country is called?

22 / 50

OPEC is the ?

23 / 50

Political power_______________?

24 / 50

Which country is the chief exporter of Tin ?

25 / 50

when a market is in equilibrium ?

26 / 50

Symbolic interaction ism functionalism conflict feminism exchange are_____________?

27 / 50

The system under which a country?s currency is exchangeable for a fixed weight of gold on demand at central bank is called ?

28 / 50

The manifest functions of government include________________?

29 / 50

What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 ? 1984 ?

30 / 50

To reduce the supply of money the government could ?

31 / 50

An increase in the money supply aimed at increasing aggregate output is referred to as ?

32 / 50

If two jobs require the same amount of skills and experience the job that pays the most is most likely to be the one that is ?

33 / 50

Norms are essentially ?

34 / 50

An increase in the minimum wage will cause a relatively large increase in unemployment among ?

35 / 50

Products of the economy used in production as opposed to gifts of nature are______________?

36 / 50

M4 is a __________ measure of money and includes deposits at both __________ and _________?

37 / 50

Reform movements________________?

38 / 50

For the United States, commercial jetliners are ?

39 / 50

?Personal space is defined differently in different societies Therefore we can say that_____________?

40 / 50

Need and demand________________?

41 / 50

The idea that the demand for car workers stems from the demand for cars is ?

42 / 50

Land labor capital and entrepreneurship are called__________________?

43 / 50

Referring to the above, the embargo was mainly resisted by ?

44 / 50

Which country is the biggest producer of mercury in the world ?

45 / 50

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

46 / 50

Marketers are sometimes accused of deceptive practices that lead consumers to believe they will get more value than they actually do. _____ includes practices such as falsely advertising factory of wholesale prices or a large price reduction from a phony high retail price ?

47 / 50

Second- and third-generation immigrants failed to melt in the melting pot because of_______________?

48 / 50

Some of the advantages of a market economy include ?

49 / 50

In the perspective of realism ?high politics? refers to________________?

50 / 50

Social movements never_________________?

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