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.Management Sciences
Category: Economics Mcqs
The index used most often to measure inflation is the?
A. wholesale price index (WPI)
B. GDP deflator
C. Producer price index (PPI)
D. consumer price index
The PFI aims to deliver public projects and services using ?
A. Public borrowing
B. The private sector
C. time and motion studies
D. foreign labour
The most fundamental factor(s)in stratification is (are)______________?
A. the ability to make someone do what you want
B. education and income
C. access to economic resources
D. an ambitious mother and later marriage
A tariff ______ increase a country overall welfare?
A. will always
B. will never
C. can sometimes
D. None of the above
In the context of equities What is called a firm with two divisions that may split into two companies and issue original shareholders two shares for every old share they have ?
A. Spreadsheet
B. Splinter
C. Family growth
D. Butterfly
International joint ventures can lead to welfare losses when the newly established firm ?
A. adds to the pre-existing productive capacity
B. enters markets neither parent could have entered individually
C. yields cost reductions unavailable to parent firms
D. gives rise to increased amounts of market power
Keynesian economics became popular because it was able to explain ?
A. stagflation in the late 1970s
B. demand-pull inflation in the 1960s
C. low growth rates in the 1950s
D. The prolonged existence of high unemployment during the Great depression
Which component of culture is central to human life______________?
A. interdependence
B. The industrial
C. The normative
D. The habitual
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