Search
.Management Sciences
Category: Economics Mcqs
Surveys of American voters reveal_______________?
A. a general support of the government
B. full support of democratic principles
C. the majority of people and political leaders are equally committed to democratic values
D. a general cynicism about government
Systems of beliefs and behavior designed to meet basic human needs are called ?
A. the welfare system
B. religions
C. government
D. institutions
The reduction or covering of foreign exchange risk is called ?
A. hedging
B. speculation
C. intervention
D. arbitrage
If a competitive firm doubles its output its total revenue ?
A. doubles.
B. more than double
C. less than doubles.
D. cannot be determined because the price of the good may rise or fall
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
Recent Comments