Economics Quiz 84
1 / 50
If labour productivity per week is 200 units and there are 5 employees what is the total output ?
2 / 50
All but WHICH of the following characteristics of humans led to the development of science ?
3 / 50
In a free market system rationing occurs when there are increases in ?
4 / 50
If a nation has an open economy it means that the nation ?
5 / 50
Women are a minority group insofar as_______________?
6 / 50
A monopolistically competitive firm that is incurring a loss will produce as long as the price that the firm charges is sufficient to cover ?
7 / 50
A fiscal expansion in the UK ?
8 / 50
The agreements that were reached at the Bretton Woods conferences in 1944 established a system ?
9 / 50
What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?
10 / 50
The main purpose of a political party in a democracy is to________________?
11 / 50
People are said to have rational expectations if they ?
12 / 50
In a portfolio investment ?
13 / 50
The number of births in a population in relation to every 1000 women of childbearing age in a year is called the________________?
14 / 50
A number of social commentator?s fear that having become a nation of hyphenated Americans ?
15 / 50
When the Indus Water Treaty was signed ?
16 / 50
The biological explanations of deviance include____________?
17 / 50
Forests and rangelands support 30 million herds of livestock. How much amount this livestock contributes to Pakistan?s annual export earnings ?
18 / 50
The term ?Neo-Freudian ?refers to__________________?
19 / 50
Which term is used for fine that is payable for failing to clear goods from a storehouse with in a specific period of time ?
20 / 50
What kind of a system is the economic institution ?
21 / 50
A firm in a monopolistically competitive industry ?
22 / 50
In monopoly which of the following is true ?
23 / 50
In animism_______________?
24 / 50
What was the top buffalo producing country ?
25 / 50
Suppose the economy is initially is long run equilibrium Then suppose there is a drought that destroys much of the wheat crop According to the model of aggregate demand and aggregate supply, what happens of prices and output in the short run ?
26 / 50
The economics the central problem is ?
27 / 50
hich of the following is not a property required of a perfect voting system ?
28 / 50
The costs of inflation are ?
29 / 50
The domestic requirement of oil seed has almost doubled during the last?
30 / 50
The five pivotal institutions are__________________?
31 / 50
Because of the J curve effect and partial currency pass through, a depreciation of the domestic currency tends to increase the size of a ?
32 / 50
All of the following would tend to increase a worker?s wage except ?
33 / 50
What is Debt retirement______________?
34 / 50
A social system_____________?
35 / 50
Adam smith?s invisible hand concept suggests that a competitive market outcome ?
36 / 50
Leakages from the circular flow are _________ and __________?
37 / 50
A market in which prices are in an upward trend is known as ?
38 / 50
If people with higher incomes pay a higher percentage of income in taxes, the income tax structure is ?
39 / 50
For a competitive firm, its short run supply curve is ______ and its long run supply curve is _____?
40 / 50
Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?
41 / 50
Purchasing power parity exchange rates are used to ?
42 / 50
The law of demand states that an increases in the price of a good ?
43 / 50
What is the total population of Nauru ?
44 / 50
Daniel Bell has called the newly emerging from of society ?
45 / 50
Which of the following countries lead in the production of chromites in the world ?
46 / 50
Social systems are based on_______________?
47 / 50
The greatest problem with capital punishment is that________________?
48 / 50
Which of the following statements is true ?
49 / 50
A reflationary (expansionist) fiscal policy could include ?
50 / 50
Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?
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