Miscellaneous Economics Mcqs

A. corporation
B. government
C. commune
D. union

A. hard work and thrift
B. predestination
C. turning the other cheek
D. buying indulgences

A. is quite strong
B. is diluted by private and state monopolies
C. does not exist
D. has been replaced by planning

A. inducement
B. direction
C. command
D. tradition

A. have lack of control
B. have no sense of accomplishment
C. are an anonymous group
D. all of the above

A. using existing technology
B. obtaining the highest output in the least amount of time
C. ignoring the time factor
D. making do with as few workers as possible

A. Tradition
B. Command
C. Free Market
D. BOTH market and command

A. how to get rid of it
B. what to produce how produce it and for whom to produce it
C. there is no problem it is divided equally
D. how to keep it away from enemies

A. doubled since 1974
B. tripled since 1074
C. quadrupled since 1974
D. increased nearly sevenfold since 1974

A. ability to accumulate vast amounts of capital in a short time
B. capacity for protracted periods of employment
C. ability to profit from the labor of its employees
D. necessity to exhibit the latest technology