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.Management Sciences
Category: Economics Mcqs
The following people enjoy both status and wealth in our society______________?
A. professors
B. physicians
C. ministers
D. research scientists
The notion that, following a currency depreciation the balance of trade falls for a while before increasing is called an effect ?
A. relative price
B. elasticity
C. J Curve
D. Pass through
The transition from a charismatic religious leaders direct example to routine procedures and observances is called______________?
A. differentiation
B. denomination
C. institutionalization
D. bureaucratization
Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?
A. Indonesia’s Badan Kredit Kecamatan (BKK)
B. the Association for Development of Microenterprice
C. Bangladesh’s Grameen Bank
D. the Enterprice credit program in Kolkata
Equilibrium in the Money market will change if there is ?
A. a change in the real money supply
B. a change in real income
C. a change in competition in the banking industry
D. any of the above
It is difficult for an actively managed investment fund to outperform an index fund because ?
A. stock markets tend to be inefficient
B. all of these answers
C. index funds are able to buy undervalued stocks
D. actively managed funds trade more often and charge fees for their alleged expertise
Which is NOT a form of collective behavior ?
A. Fashions
B. Rumors
C. Dining out with a friend
D. Panic
An example of a temporary subculture would be_______________?
A. the MTV generation
B. vegetarians
C. monks in a convent
D. players of chess
If one person’s enjoyment of the benefits of a good does not interfere with another’s consumption of it, the good is said to be ?
A. limitless in utility
B. non-rival in consumption
C. congestible in consumption
D. non-excludable
What can a government do to increase demand in its economy ?
A. Budget for a surplus
B. Cut taxes
C. Encourage savings
D. Reduce its expenditure
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