Economics MCQs

A. Patterns of poverty between developed and developing countries
B. The change in gdp per capita over time
C. The poorest’s income shares fall in the early stages of growth
D. Income concentration relative to a 45-degree line

A. Quientiles
B. Percentiles
C. Simulation
D. Relative ratio measures

A. 50
B. 100
C. 1000
D. 5

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. Income inequality
B. Absolute poverty
C. Sen’s poverty index
D. Purchasing power poverty

A. Absolute poverty
B. Economic growth
C. Relative poverty
D. Standard of living

A. Low inequality
B. Maximum inequality
C. 10/10 000% inequality
D. 1% inequality

A. 0
B. 2
C. 6
D. 0.5

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

A. The tax burden falls most heavily on the buyers.
B. The buyers bear the burden of the tax
C. The sellers bear the burden of the tax
D. The tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers