Search
.Management Sciences
Category: Economics Mcqs
Endorsement means anything written upon the back of the document What does means by Endorse ?
A. To verify signature
B. To verify the person holding cheque
C. To sign one’s name upon the back of cheque
D. To sign one’s name upon the front of cheque
An outward shift of the production possibility frontier may be caused by ?
A. An increase in demand
B. More government spending
C. Better training of employees
D. Productive inefficiency
All religions once established consist of_________________?
A. beliefs rituals and organization
B. doctrine sacraments and priests
C. dogma ecclesia and faith
D. church clergy and believers
If an input necessary for production is in limited supply so that an expansion of the industry raises costs for all existing firms in the market, then the long-run market supply curve for a good could be ?
A. perfectly inelastic
B. perfectly elastic
C. upward sloping
D. downward sloping
A pluralist in the U.S would maintain that___________________?
A. power is spread through multiple centers
B. policy reflects the wishes of a few elites
C. significant decisions are made by the upper classes
D. power is in the hands of a small homogeneous class of leaders
Which form of business organization falls between a corporation and partnership ?
A. joint company
B. Joint stock company
C. Limited joint company
D. Limited Company
Time lags which often erode effectiveness of monetary and fiscal policy measures represent ?
A. delays in the response of the economy is stabilization policy
B. the foreign response to price changes
C. the change in exports and imports prices
D. the change in exchange rates
According to criminologists_______________?
A. the death penalty does act as a deterrent
B. the death penalty does not act as a deterrent
C. the death penalty is a sing of an uncivilized society
D. it is preferable to judge each criminal case individually
Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?
A. utilitarianism, liberalism, libertarianism
B. All three political philosophies argue for similar degree of income redistribution
C. liberalism, libertarianism, utilitarianism
D. libertarianism liberalism, utilarianism
E. libertariansim, utilitarianism, libertarianism
Multinational corporations ?
A. increase the transfer of technology between nations
B. make it harder to nations to foster activities of comparative advantage
C. always enjoy political harmony in nations where their subsidiaries operate
D. require governmental subsidies in order to conduct worldwide operations
Recent Comments