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.Management Sciences
Category: Economics Mcqs
Which women are most likely to report feeling unhappy after their divorce ?
A. elderly women
B. childless middle-aged women
C. young mothers
D. none of the above
Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?
A. There may be long lines of buyers waiting for apartments
B. Landlords may discriminate among apartment renters
C. Landlords may be offered bribes to rent apartments
D. there will be a storage of housing
E. the quality of apartments will improve
The expectations augmented Phillips curve was the Work of which group of economists ?
A. New classical economists
B. Keynesian.
C. Monetarists
D. Marxists.
Approximately what percentage of the population admits to being bisexual ?
A. 30 percent
B. 20 percent
C. 10 percent
D. 6 percent
An essential attribute of inflation is ?
A. Fall in production
B. Increase in prices
C. Stagflation
D. None of these
Socialism and communism both call for________________?
A. government controlling parts of the economy for the common good
B. revolutionary change
C. abolition of private property
D. totalitarian government and dictatorship of the proletariat
How is termed equal rights of trade of trade without giving monopolies or preferences to an individual country ?
A. Open door market
B. Open door country
C. Open sky market
D. Free economy
In developing nations cities are growing along with rural areas because_______________?
A. of lower death rates
B. of high birth rates
C. cultural values encourage large families
D. all of the above
A grocery store should close at night if the ?
A. variable costs of staying open are less than the total revenue due to staying open.
B. total costs of staying open are less than the total revenue due to staying open
C. variable costs of staying open are greater than the total revenue due to staying open
D. total costs of staying open are greater than the total revenue due to staying open
Rawls’s suggestion that policy should be directed at maximizing the welfare of the least well off person in society is derived from ?
A. the idea that people should consider policy as if behind a veil of ignorance as to what their circumstances might be in society, and the idea that as long as there is no theft then there is no need for governments to intervene and redistribute income.
B. the idea that people should consider policy as if behind a veil of ignorance as to what their circumstances might be in society, and the idea that people will then be particularly concerned about the possibility that they might find themselves at the bottom of the income distribution
C. the idea that people a veil of ignorance as policy as if behind a veil of ignorance as to what their circumstances might be in society, and the ignorant people should be looked after
D. the idea that everyone in society should have an equal income
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