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.Management Sciences
Category: Economics Mcqs
Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?
A. Financial assistance given by one person or government to another
B. Financial assistance given to poor people
C. Financial assistance given to aged people
D. Financial assistance given to small companies
A borrower gives to creditor a security to grantee repayment of a loan. What is this security called ?
A. Pledge
B. Assurance
C. Collateral
D. Guaranty
An anthropologist living with a group of people and engaging in some of their rituals is using the following research method ?
A. sample survey
B. participant observation
C. statistical survey
D. experiment
Which of the following best demonstrates the problem of moral hazard ?
A. Josephine doesn’t buy health insurance because it is too expensive, and she is healthy
B. A life insurance company forces Enzo to have a medical examination prior to selling him insurance
C. Enzo drives more recklessly after he buys car insurance
D. Fatima chooses to attend a well-respected college
Buy national policies ?
A. result in government purchase policies favoring domestic over foreign producers
B. result in government purchase policies favoring foreign over domestic producers
C. attempt to restrict the number of tourists leaving a nation
D. are intended to publicize the advantage of the most efficient domestic companies
Which of the following is not true regarding the outcome of a consumer’s optimization process ?
A. The marginal utility per dollar spent on each good is the same
B. The marginal rate of substitution between goods is equal to the ratio of the prices between goods
C. The consumer’s indifference curve is tangent to his budget constraint
D. The consumer has reached his highest indifference curve subject to his budget constraint
E. The consumer is indifferent between any two points on his budget constraint
Professionalization means________________?
A. everyone is called by a title
B. the same as unemployment
C. there is a decrease in polarization
D. having theoretical knowledge in addition to training
The loss of entire categories of jobs without the creation of new occupations would be_______________?
A. structural mobility of a negative sort
B. horizontal mobility
C. intragenerational mobility
D. status ambiguity
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