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A way of calculating the total output of the economy and all incomes earned within the Pakistan regardless of whether the resources are Pakistan or foreign is_______________?

August 6, 2021June 25, 2019 by QuizMaster
A way of calculating the total output of the economy and all incomes earned within the Pakistan regardless of whether the resources are Pakistan or foreign is_______________?

A. the GDP
B. the GNP
C. the NNP
D. the SPQR

Categories Miscellaneous Economics Mcqs

Income distribution according to productive contribution is____________?

August 6, 2021June 25, 2019 by QuizMaster
Income distribution according to productive contribution is____________?

A. efficient but inequitable
B. inefficient but equitable
C. efficient and equitable
D. a tenet of communism

Categories Miscellaneous Economics Mcqs

Congestion pollution urban decay and similar side effects of the market system are termed_____________?

August 6, 2021June 25, 2019 by QuizMaster
Congestion pollution urban decay and similar side effects of the market system are termed_____________?

A. negatives
B. externalities
C. internalities
D. tangentials

Categories Miscellaneous Economics Mcqs

The public sector_________________?

August 6, 2021June 25, 2019 by QuizMaster
The public sector_________________?

A. is bloated with a large bureaucracy
B. employs one of every four workers
C. is less efficient and effective than the private sector
D. all of the above

Categories Miscellaneous Economics Mcqs

“Laissez-faire” is a policy that appeals to_______________?

August 6, 2021June 25, 2019 by QuizMaster
“Laissez-faire” is a policy that appeals to_______________?

A. political liberals
B. political independents
C. political conservatives
D. political freethinkers

Categories Miscellaneous Economics Mcqs

Participant observation_________________?

August 6, 2021June 25, 2019 by QuizMaster
Participant observation_________________?

A. is exclusively used by anthropologists
B. requires the researcher to disguise his or her identity
C. involves experimental controls
D. may compromise the objectivity of the researcher

Categories Miscellaneous Economics Mcqs

The main function of organized labor is to_______________?

August 6, 2021June 25, 2019 by QuizMaster
The main function of organized labor is to_______________?

A. manage large corporations
B. strike
C. bargain collectively
D. regulate safety

Categories Miscellaneous Economics Mcqs

A professional trained in a narrow abstract field is a________________?

August 6, 2021June 25, 2019 by QuizMaster
A professional trained in a narrow abstract field is a________________?

A. vice president
B. specialist
C. bureaucrat
D. foreman

Categories Miscellaneous Economics Mcqs

Capitalisms roots can be found in_________________?

August 6, 2021June 25, 2019 by QuizMaster
Capitalisms roots can be found in_________________?

A. feudal agriculture
B. Christianity
C. machine-based production
D. dialectic materialism

Categories Miscellaneous Economics Mcqs

The price system_______________?

August 6, 2021June 25, 2019 by QuizMaster
The price system_______________?

A. is equitable
B. rations products among consumers
C. allows wealthy consumers to obtain more products
D. only B and C

Categories Miscellaneous Economics Mcqs
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