Introduction To Economics Mcqs

Q.  Which of the following situations describes the greatest market power ?

a. Subaru’s impact on the price f cars
b. a farmer’s impact on the price of corn
c. Microsoft’s impact on the price of desktop operating systems
d. a student’s impact on college tuition


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Resources in an economy ?
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MCQs:  What is deflation________________?
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MCQs:  Two countries can gain from foreign trade if ?
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MCQs:  Which of the following is a valid currency______________?
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MCQs:  From each according to his ability to each according to his need is the theoretical slogan of ?
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MCQs:  Exchange rate of which of the following currencies falls because of persistent balance of payments deficit ?
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MCQs:  Oil is measured in barrels. What is the abbreviation for barrels________________?
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MCQs:  Commercial policy means_______________?
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MCQs:  Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?
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MCQs:  Balance of payments of a country includes ?
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MCQs:  Which of the following is not a function of a commercial bank?
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MCQs:  The bank established for loans to very small enterprises in Pakistan is called_______________?
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MCQs:  Treasury bill is used for_________________?
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MCQs:  When the State Bank wants to decrease money supply in the country, it _______________?
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MCQs:  When a commercial bank creates credit its immediate effect is that it raises__________________?
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MCQs:  The Liquidity Trap condition occurs at a_______________?
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MCQs:  The power of a bank to create credit is affected by ?
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MCQs:  Pakistan’s fiscal years starts from?
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MCQs:  A tariff______________?
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MCQs:  Velocity of circulation of money means ?
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