Economics Quiz 87

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Economics Quiz 87

1 / 50

The motive for holding money that encourages investors to hold bonds when interest rates are low, with the hope of selling them when interest rates are high, is the ?

2 / 50

Wheat being a plant of temperate zone grows well on plains away from sea and having moderately dry climate World?s maximum production of wheat is obtained from ?

3 / 50

According to economists, economic self-interest:

4 / 50

The main export items of the country are crop cotton and?

5 / 50

Advocates of industrial policy maintain that government should ?

6 / 50

The short run marginal cost curve cuts the short run total cost curve and short run average variable cost curve ?

7 / 50

What percent of total work hours must be used to fix errors that occur on the assembly line in mass-production plants ?

8 / 50

Ideologies____________?

9 / 50

The rationalization for having capital punishment is that_______________?

10 / 50

An example of a temporary subculture would be_______________?

11 / 50

Vertical equity holds that ?

12 / 50

Another name for cultural transmission theory is______________?

13 / 50

Which of the following can be used for check inflation temporarily ?

14 / 50

What would cause a country?s exchange rate to fall ?

15 / 50

Under which of the following conditions would you prefer to be the lender ?

16 / 50

It may be said that the three branches of government________________?

17 / 50

A supply curve that starts at the origin has ?

18 / 50

When the supply and demand curves intersect the final lasting price is achieved This is called_____________?

19 / 50

To adjust GDP from market prices to factor cost ?

20 / 50

Primary deviance______________?

21 / 50

A minority group consists of______________?

22 / 50

The policy that has been the most successful in increasing agricultural output in developing countries is ?

23 / 50

Refer to Exhibit 6.Suppose the economy is in long-run equilibrium at point E. A sudden increase in government spending should move the economy in the direction of point ?

24 / 50

Norms are_______________?

25 / 50

When excess demand occurs in an unregulated market, there is a tendency for ?

26 / 50

An increase in the budget deficit will ?

27 / 50

Differences in wages that result from differences in working conditions are known as ?

28 / 50

All religions once established consist of_________________?

29 / 50

In monopolistic competition of firms are making abnormal profit other firms will enter and ?

30 / 50

Irreversibility refers to ?

31 / 50

Rasul headworks was constructed on the river ?

32 / 50

In aukarky, when a community maximizes its standard of living, its production and consumption point is ?

33 / 50

Scientists start an investigation with by________________?

34 / 50

Time lags which often erode effectiveness of monetary and fiscal policy measures represent ?

35 / 50

Zero population growth______________?

36 / 50

Balance of payments of a country includes ?

37 / 50

The difference in the three most prevalent economic systems lies in how ?

38 / 50

Cults differ from sects in that______________?

39 / 50

Proposed political party reforms in the U.S include_____________?

40 / 50

What is the ratio of population density of developing countries to the population of developed countries ?

41 / 50

According to French philosopher Jean-Jacques Rousseau the state emerged_______________?

42 / 50

The marginal revenue curve in monopoly ?

43 / 50

A government might use tax to ?

44 / 50

Which elements are affected by pollution ?

45 / 50

Which of the following information forms available to the marketing manager can usually be accessed more quickly and cheaply than other information sources ?

46 / 50

According to the Marshall-Lerner condition if a country?s currency depreciates its trade balance will worsen if ?

47 / 50

A firm whose average total cost continually declines at least to the quantity that could supply the entire market is known as a ?

48 / 50

In the American political system_____________?

49 / 50

A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?

50 / 50

Which of the following is not TRUE about unemployed in LDCs ?

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