Economics Mcqs

A. Decreased productivity in U.S manufacturing
B. High incomes of American households
C. Relatively low interest rates in the United States
D. High levels of investment by American corporations

A. Provide benefits for all producers and consumers
B. Increase the nation’s aggregate income
C. Reduce unemployment for all domestic workers
D. Ensure that industries can operate at less than full capacity

A. Technological progress, but not international trade
B. International trade but not technological progress
C. Technological Progress and international trade
D. Neither technological progress nor international trade

A. Imported, but not exported
B. Exported, but not imported
C. Exported and imported
D. Neither imported not exported

A. U.S firms shipg component production overseas
B. High profit levels for American corporations
C. Sluggish rates of productivity growth in the United States
D. High unemployment rates among America workers

A. Canada
B. Mexico
C. China
D. North Korea

A. Intensify inflationary pressure at home
B. Induce falling output per worker-hour for domestic workers
C. Place constraints on the wages of domestic workers
D. Increase profits of domestic import competing industries

A. Automobiles
B. Steel
C. Radios and TVs
D. Computer software

A. Exports should exceed imports
B. imports should exceed exports
C. Resources are more mobile internationally than are goods
D. Resources are less mobile internationally than are goods

A. The introduction of new products
B. Product design and quality
C. Product price
D. All of the above