Economics MCQs

A. Based on government intervention in the means of production
B. That originated in the united states in the 19th century
C. Where private owners of capital make decisions based on profit
D. That dominated developing economies in the 19 century

I- Access to more economic information than competitors
Ii- superior access to training and education
Iii- a lower discount of future earnings
Iv- larger firm size

I- Holland
Ii- soviet union
Iii- china
Iv- india

A. An existing internet provider provides competition to two other providers in dayton ohlio
B. The production and marketing of the model t ford in the 19-teens
C. The invention of the stanley steamer
D. An american buying a stock in the philippines stock market

A. Oligopolistic capitalism
B. Resource management
C. Innovation
D. Land and labor

A. pass through
B. absorption
C. adjustment mechanism
D. currency contract period

A. depreciation generally improves the trade balance
B. depreciation generally hurts the trade balance
C. no strong generalization is possible
D. depreciation has no effect on the trade balance

A. Perfect competition
B. An economy below full employment
C. No savings or technical change
D. No entrepreneurial function is required

A. The development of pure science, invention innovation financing the innovation and the innovation’s acceptance
B. Introducing new products modifying production functions creating credit and making profits
C. Innovation investment credit creation and economies growth
D. Patent management resource gains mature innovation and speculative gains

A. shorten the amount of time in which the depreciation leads to smaller trade deficit
B. shorten the amount of time in which the depreciation leads to smaller trade surplus
C. lengthen the amount of time in which the depreciation leads to smaller trade deficit
D. lengthen the amount of time in which the depreciation leads to smaller trade surplus