Category: Miscellaneous Economics Mcqs

A. naires
B. personal interviews
C. previously gathered statistical information
D. all of the above

A. previous decisions
B. absolute income
C. relative income
D. permanent income

A. It is the American way
B. Greed makes the world go around
C. keeping up with the Joneses leads to success
D. None of the above

A. the amount of each commodity that can be produced given available resources
B. unlimited production of one commodity
C. limitless output of commodities
D. none of the above

A. the fiscal stance
B. the tax multiplier
C. the marginal tax propensity
D. the average tax propensity

A. covers fixed costs
B. covers variable costs
C. covers total costs
D. covers revenue

A. are moving outside the Democratic party to achieve some of their political goals
B. are becoming very scarce in both parties
C. are hoping to create a third party
D. none of the above

A. that moral values different from one, s own are all wrong
B. everyone’s crazy except you and me (and I’m not sure about you)
C. mindless acceptance of all cultural values of others
D. tolerance and respect for the cultural values of others

A. reciprocating
B. promising a reward in return for compliance
C. coercion
D. coercion reciprocation or reward

A. race
B. religion
C. political party
D. last name