Search
.Management Sciences
Category: Economics Mcqs
During the post-world War II era?
A. Nontariff barriers (NTBs) and tariffs have increased in relative importance
B. NTBs and tariffs have decreased in relative importance
C. NTBs have increased and tariffs have decreased in relative importance
D. NTBs have decreased and tariffs have increased in relative importance
Which of the following is regarded as a factor of production ?
A. Capital
B. Interest
C. Profit
D. None of these
Jamil’s car is in need of repair, so John decides to sell it avoid the repair bill. Unaware of the problem, Shahab buys the car. This is an example of ?
A. hidden actions
B. adverse selection
C. moral hazard
D. adverse selection
Property is defined in terms of rights of_________________?
A. Ownership
B. consumption
C. distribution
D. production
In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?
A. fall
B. increase
C. remain the same
D. fluctuates
A study of Japan’s economy since World War II would lead to the conclusion that ?
A. A government support of technological advances can improve a nation’s
B. imperialism is necessary from the economic development of a nation
C. a communist system leads to economic prosperity
D. A the feudal system is more economically productive than the market system
Economic growth occurs because ?
A. labor forces increase
B. capital stocks increase
C. new inventions increase productivity
D. All of the above
Durkheim,s approach to religion involved the opposed concepts of_________________?
A. good and evil
B. children of light and children of darkness
C. natural and supernatural
D. sacred and profane
If a few firms dominate an industry the market is known as ?
A. monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
Based on the 2010 population survey four of the five most populous countries include ?
A. Russia, Pakistan Bangladesh and Nigeria
B. China, India, Indonesia, and Brazil
C. Russia, China, India, and South Africa
D. China, Russia, Mexico, and Indonesia
Recent Comments