Economics MCQs

A. Efficient but inequitable
B. Inefficient but equitable
C. Efficient and equitable
D. A tenet of communism

A. The gdp
B. The gnp
C. The nnp
D. The spqr

A. The quantity of capital and labor
B. The quality of capital and labor
C. The quality of the labor force
D. All of the above

A. Mediate among conflicting economic goals
B. Plan to ensure the correct mix of supply and demand
C. Ensure that everyone is a sinner in the economy
D. None of the above

A. That the masses were being exploited
B. That the market was inherently unstable
C. The need for the intervention of the owners of the means of production
D. That industrial workers were becoming the new bourgeosiie

A. Monetarism
B. Reaganism
C. The gold standard
D. Cash and carry

A. Spending and taxation
B. Wage regulation
C. Income ceilings
D. Bank regulation

A. Timing
B. Interpretation
C. Implementation
D. All of the above

A. Nouveau riches
B. Generation x-ers
C. Baby boomers
D. Symbolic analysts

A. A reference to a government economist favoring high taxes
B. A special kind of screw driver that reflects the functioning of the economy
C. A graphic representation of conflict between full employment and inflation
D. A deflationary curve