The statement everything affects everything else reflects the principle behind ?

Related Mcqs:

1. In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?

   A. decrease; depreciate B. decrease; appreciate C. increase; depreciate D. increase; appreciate...

2. Statement A: The might of a country consists of gaining surpluses of gold and silver Statement B: A nation’s strength is found in economic independence and the maintenance of a favorable balance of trade Statement C: We need to gain colonies both as sources for raw materials and as markets for our manufactured of goods Which economic system is being described by these statements ?

   A. traditional B. feudal C. command D. mercantile...

3. The earliest statement of the principle of comparative advantage is associated with ?

   A. Adam Smith B. David Ricardo C. Eli Heckscher D. Berti IOhlin...

4. A positive externality affects market efficiency in a manner similar to a ?

   A. rival good B. public good C. private good D. common resource...

5. Malnutrition is one of the main reasons behind the high mortality rates among ?

   A. mothers B. infants C. both a & b D. not a nor b...

6. When companies make marketing decisions by considering consumers wants and the long run interests of the company consumer and the general population they are practicing which of the following principle ?

   A. Innovative marketing B. Consumer-oriented marketing C. Value marketing D. Societal marketing...

7. _________ is a principle of enlightened marketing that requires that a company seek real product and marketing improvements ?

   A. Innovative marketing B. Consumer oriented marketing C. value marketing D. Sense of mission marketing...

8. “Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

   A. A bond with a longer time to maturity B. A certificate of deposit whose principal is payable at maturity C. A certificate of deposit with a shorter time to maturity D. certificate of deposit with a longer time to maturity...

9. The comparative advantage comes if each trading partners has a product that will bring a better price in another country than it will at home. Which economist proposed the principle of comparative advantage ?

   A. Adam Smith B. David Ricardo C. David Smith D. Adam Ricardo...

10. Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?

    A. export promotion B. import promotion C. international commodity agreements D. multilateral contracts...