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The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

And Income Inequality, Economics Mcqs, Malnutrition, Poverty /
The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

I- probability at birth of not surviving to age 40
II- adult illiteracy rate
III- negative economic growth
IV- lack of a decent standard of living
A. I and II only
B. III and IV only
C. I, II and III only
D. I, II and IV

The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ? Read More »

And Income Inequality, Economics Mcqs, Malnutrition, Poverty

Which of the following statements about the burden of a tax is correct ?

Economics Mcqs, Prices, Wages & Taxes /
Which of the following statements about the burden of a tax is correct ?

A. The tax burden generated from a tax placed on a good consumer perceive to be a necessity will fall most heavily on the sellers of the good
B. The burden of a tax falls on the side of the market (buyers or sellers) from which it is collected
C. The distribution of the burden of a tax is determined by the relative elasticities of determined by legislation.
D. The tax burden falls most heavily on the side of the market (buyers and sellers) that is most willing to leave the market when price movements are unfavorable to them.

Which of the following statements about the burden of a tax is correct ? Read More »

Economics Mcqs, Prices, Wages & Taxes

A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?

Economics Mcqs, Prices, Wages & Taxes /
A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ?

A. falls more heavily on sellers
B. falls entirely on sellers
C. falls more heavily on buyers.
D. is evenly distributed between buyers and sellers.

A tax placed on a good that is a necessity for consumers will likely generate a tax burden that ? Read More »

Economics Mcqs, Prices, Wages & Taxes

Within the supply and demand model, a tax collected from the sellers of a good shift the ?

Economics Mcqs, Prices, Wages & Taxes /
Within the supply and demand model, a tax collected from the sellers of a good shift the ?

A. demand curve downward by the size of the tax per unit.
B. supply curve downward by the size of the tax per unit
C. demand curve upward by the size of the tax per unit.
D. supply curve upward by the size of the tax per unit

Within the supply and demand model, a tax collected from the sellers of a good shift the ? Read More »

Economics Mcqs, Prices, Wages & Taxes

Which of the following workers would be most likely to find it more difficult to get a job after a rise in the minimum wage rate?

Economics Mcqs, Prices, Wages & Taxes /
Which of the following workers would be most likely to find it more difficult to get a job after a rise in the minimum wage rate?

A. a teenage worker with few qualifications.
B. A manual worker with fifteen years of work experience
C. A professional worker with university degree.
D. All there are equally likely to find it difficult to get a job

Which of the following workers would be most likely to find it more difficult to get a job after a rise in the minimum wage rate? Read More »

Economics Mcqs, Prices, Wages & Taxes