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2761EconomicsMedium

Pivotal institutions________?

Aall of the above

Bdiffer in traits and culture complexes from society to society

Cinclude government the economy education the family and religion

Darise from fundamental human needs

Correct answer

A. all of the above

Explanation

The correct answer is all of the above.

2762EconomicsMedium

OPEC is the?

AOrganization of Problematic Economies Committee

BOrganization of Petroleum Exporting Country

COil Producing Economies Caucus

DOrganization of Pre-European Commission

Correct answer

B. Organization of Petroleum Exporting Country

Explanation

The correct answer is Organization of Petroleum Exporting Country.

2763EconomicsMedium

An increasing in Europe’s taste for UK produced Hondas would cause the pound to?

Adepreciate and would decrease UK net exports

Bappreciate and would increase UK net exports

Cappreciate, but the total value of UK net export stays the same

Ddepreciate and would increase UK net exports

Correct answer

C. appreciate, but the total value of UK net export stays the same

Explanation

The correct answer is appreciate, but the total value of UK net export stays the same.

2764EconomicsMedium

The biggest Industrial unit in public sector is?

AState Cement

BKarachi Shipyard

CPakistan Steel Mili

DTelephone Industry of Pakistan

Correct answer

C. Pakistan Steel Mili

Explanation

The correct answer is Pakistan Steel Mili.

2765EconomicsMedium

Which of the following is a non-metallic mineral?

AUranium

BThorium

CCobalt

DGypsum

Correct answer

D. Gypsum

Explanation

The correct answer is Gypsum.

2766EconomicsMedium

What was the crude death rate of 1998?

A6.4 per 1000

B8.6 per 1000

C5.6 per 1000

D9.8 per 1000

Correct answer

B. 8.6 per 1000

Explanation

The correct answer is 8.6 per 1000.

2767EconomicsMedium

Which of the following is not put forth as a criticism of advertising and brand names?

AAdvertising increases brand loyalty causes demand to be more inelastic and thus, increase mark-up over marginal cost.

BAdvertising increase competition Which causes unnecessary bankruptcies and layoffs.

CAdvertising manipulates people’s tastes to create a desire that otherwise would not exist

Correct answer

B. Advertising increase competition Which causes unnecessary bankruptcies and layoffs.

Explanation

The correct answer is Advertising increase competition Which causes unnecessary bankruptcies and layoffs..

2768EconomicsMedium

The market power effect of an international joint venture can lead to welfare losses for the domestic economy unless offset by cost reductions. Which type of cost reduction would not lead to offsetting welfare gains for the overall economy?

Anew work rules promoting workers efficiency

BR&D generating welfare improved technology

Cdevelopment of more productive machinery

Dlower wages extracted from workers

Correct answer

D. lower wages extracted from workers

Explanation

The correct answer is lower wages extracted from workers.

2769EconomicsMedium

A bank deposit, that cannot be withdrawn before the date which is specified at the time of deposit, is called?

ABond deposit

Btime deposit

Cterm deposit

DFixed investment

Correct answer

C. term deposit

Explanation

The correct answer is term deposit.

2770EconomicsMedium

The idea that the money supply should change to accommodate changes in aggregate demand is associated with the idea of?

ARonald Reagan

BMargaret Thatcher

CMilton Friedman

DJohn Maynard Keynes

Correct answer

C. Milton Friedman

Explanation

The correct answer is Milton Friedman.

OPEC is the?

AOrganization of Problematic Economies Committee

BOrganization of Petroleum Exporting Country

COil Producing Economies Caucus

DOrganization of Pre-European Commission

Correct answer

B. Organization of Petroleum Exporting Country

Explanation

The correct answer is Organization of Petroleum Exporting Country.

An increasing in Europe’s taste for UK produced Hondas would cause the pound to?

Adepreciate and would decrease UK net exports

Bappreciate and would increase UK net exports

Cappreciate, but the total value of UK net export stays the same

Ddepreciate and would increase UK net exports

Correct answer

C. appreciate, but the total value of UK net export stays the same

Explanation

The correct answer is appreciate, but the total value of UK net export stays the same.

Which of the following is not put forth as a criticism of advertising and brand names?

AAdvertising increases brand loyalty causes demand to be more inelastic and thus, increase mark-up over marginal cost.

BAdvertising increase competition Which causes unnecessary bankruptcies and layoffs.

CAdvertising manipulates people’s tastes to create a desire that otherwise would not exist

Correct answer

B. Advertising increase competition Which causes unnecessary bankruptcies and layoffs.

Explanation

The correct answer is Advertising increase competition Which causes unnecessary bankruptcies and layoffs..