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.Management Sciences
Category: Miscellaneous Economics Mcqs
Like Freud Erik Erikson maintains that_______________?
A. there are five psycho sexual stages
B. the personality is fixed by age five
C. psychoanalysis including dream analysis is the only way to overcome personality problems
D. none of the above
The practice of U.S corporations’ moving’s their production facilities abroad is called________________?
A. multinationalism
B. insourcing
C. diversification
D. Oligopoly
How are decisions about production made in a market economy ?
A. By a command system
B. According to tradition
C. Through a price system
D. By executive fiat
The three most important nations in Asia are_______________?
A. Singapore South Korea and Malaysia
B. Hong Kong Macao Bali
C. Japan India China
D. Taiwan Indonesia Tibet
Objectivity means ?
A. precision
B. taking nothing for granted
C. eliminating bias
D. repeating observations
The sate differs from all the other institutions in that_______________?
A. it is an abstract concept
B. its political control is complete
C. membership is compulsory for all residents of its territory except for aliens and visitors
D. all of the above
According to supply side economists as tax rates are reduced labour supply should increase. This implies that ?
A. There is no income effect when tax rates are changed
B. The income effect of a wage change is greater than the substitution effect of a wage change.
C. There is no substitution effect when tax rates are changed
D. The substitution effect of a wage change is greater than the income effect of a wage change
Latino neighborhoods have prospered because________________?
A. Latinos have a strong sense of community
B. they are well organized politically
C. they try to use English instead of their native Spanish
D. they have a common culture
Which is true ?
A. Productivity has increased in the decade of the 1990
B. Blue-collar workers have suffered layoffs
C. Downsizing has created a new style of employment
D. All of the above are true
Shortcomings of interest groups include______________?
A. injecting partisan ideologies into political parties
B. creating splinter parties
C. the dissemination of biased information
D. stifling minority voices
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