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3711EconomicsMedium

In most societies ownership of property takes one of three forms________?

Aambiguous hermetic contraceptive

Bcommunal private public

Crestricted guarded and private

Desthetic visible tangible

Correct answer

B. communal private public

Explanation

The correct answer is communal private public.

3712EconomicsMedium

Among the reason for overturning death penalty verdicts on appeal are________?

Aall of the above

Bimproved DNA technology

Cfindings of incompetent counsel

Dindications that prosecutors or police withheld information

Correct answer

A. all of the above

Explanation

The correct answer is all of the above.

3713EconomicsMedium

A person will continue to pursue an activity up to the point where?

Amarginal social cost equals marginal external cost

BMarginal benefit equals marginal damage cost

Cmarginal benefits equals marginal social cost

Dmarginal benefit equals marginal private cost

Correct answer

D. marginal benefit equals marginal private cost

Explanation

The correct answer is marginal benefit equals marginal private cost.

3714EconomicsMedium

Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing?

ABond

BSecurities

CTreasury bill

DTerm bound

Correct answer

C. Treasury bill

Explanation

The correct answer is Treasury bill.

3715EconomicsMedium

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction?

Ainternal marketing

Binteractive marketing

Cservice-profit chains

Dservice differentiation

Correct answer

C. service-profit chains

Explanation

The correct answer is service-profit chains.

3716EconomicsMedium

Which is the biggest seaport of the world?

ASingapore seaport

BNone of these

CSettle seaport

DRotterdam seaport

Correct answer

A. Singapore seaport

Explanation

The correct answer is Singapore seaport.

3717EconomicsMedium

Marx believed that the state would vanish when________?

Aall societies became capitalist

Bsocial classes ceased to exist

Cthe elite would work toward the good of the masses

Dthe lion would lie down with the lamb

Correct answer

B. social classes ceased to exist

Explanation

The correct answer is social classes ceased to exist.

3718EconomicsMedium

Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies?

ARelative exchange rate

BPagged exchanged rate

CKnotted exchange rate

DFixed exchange rate

Correct answer

D. Fixed exchange rate

Explanation

The correct answer is Fixed exchange rate.

3719EconomicsMedium

If an advertiser wants flexibility timeliness good local market coverage broad acceptability, and high believability the advertiser will probably choose which of the following mass media types?

ATelevision

BRadio

CNewspapers

DDirect Mail

Correct answer

C. Newspapers

Explanation

The correct answer is Newspapers.

3720EconomicsMedium

Which of the following characteristics are most likely found in developing countries?

AAll of the above

Bvery traditional methods of agricultural production

Clarge number of people living in poverty

Dhigh population growth rates

Correct answer

A. All of the above

Explanation

The correct answer is All of the above.

A person will continue to pursue an activity up to the point where?

Amarginal social cost equals marginal external cost

BMarginal benefit equals marginal damage cost

Cmarginal benefits equals marginal social cost

Dmarginal benefit equals marginal private cost

Correct answer

D. marginal benefit equals marginal private cost

Explanation

The correct answer is marginal benefit equals marginal private cost.