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Economics Quiz 84

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Economics Quiz 84

1 / 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 ?

2 / 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?

3 / 50

Purchasing power parity exchange rates are used to ?

4 / 50

All but WHICH of the following characteristics of humans led to the development of science ?

5 / 50

The term ?Neo-Freudian ?refers to__________________?

6 / 50

The costs of inflation are ?

7 / 50

Which of the following statements is true ?

8 / 50

If labour productivity per week is 200 units and there are 5 employees what is the total output ?

9 / 50

The economics the central problem is ?

10 / 50

When the Indus Water Treaty was signed ?

11 / 50

In monopoly which of the following is true ?

12 / 50

Adam smith?s invisible hand concept suggests that a competitive market outcome ?

13 / 50

Which of the following countries lead in the production of chromites in the world ?

14 / 50

The number of births in a population in relation to every 1000 women of childbearing age in a year is called the________________?

15 / 50

The five pivotal institutions are__________________?

16 / 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 ?

17 / 50

A fiscal expansion in the UK ?

18 / 50

A firm in a monopolistically competitive industry ?

19 / 50

What is Debt retirement______________?

20 / 50

For a competitive firm, its short run supply curve is ______ and its long run supply curve is _____?

21 / 50

In animism_______________?

22 / 50

In a free market system rationing occurs when there are increases in ?

23 / 50

A market in which prices are in an upward trend is known as ?

24 / 50

What kind of a system is the economic institution ?

25 / 50

The biological explanations of deviance include____________?

26 / 50

Women are a minority group insofar as_______________?

27 / 50

The greatest problem with capital punishment is that________________?

28 / 50

hich of the following is not a property required of a perfect voting system ?

29 / 50

What was the top buffalo producing country ?

30 / 50

Daniel Bell has called the newly emerging from of society ?

31 / 50

The law of demand states that an increases in the price of a good ?

32 / 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 ?

33 / 50

All of the following would tend to increase a worker?s wage except ?

34 / 50

What is the total population of Nauru ?

35 / 50

The main purpose of a political party in a democracy is to________________?

36 / 50

Forests and rangelands support 30 million herds of livestock. How much amount this livestock contributes to Pakistan?s annual export earnings ?

37 / 50

Term a large payment to a senior employee who is forced into retirement or fired as a result of takeover or similar development ?

38 / 50

Leakages from the circular flow are _________ and __________?

39 / 50

If a nation has an open economy it means that the nation ?

40 / 50

The domestic requirement of oil seed has almost doubled during the last?

41 / 50

If people with higher incomes pay a higher percentage of income in taxes, the income tax structure is ?

42 / 50

A number of social commentator?s fear that having become a nation of hyphenated Americans ?

43 / 50

A social system_____________?

44 / 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 ?

45 / 50

The agreements that were reached at the Bretton Woods conferences in 1944 established a system ?

46 / 50

A reflationary (expansionist) fiscal policy could include ?

47 / 50

Social systems are based on_______________?

48 / 50

In a portfolio investment ?

49 / 50

People are said to have rational expectations if they ?

50 / 50

What is defined as the active management of resources to provide the greatest present benefit without comprising the potential benefits to future generations ?

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