Economics MCQs

A. Nigeria
B. Japan
C. India
D. Mali

A. High population growth rates
B. Large number of people living in poverty
C. Very traditional methods of agricultural production
D. All of the above

A. Taiwan
B. North korea
C. Singapore
D. Hong kong

A. Population
B. Two thirds
C. One third
D. 28 percent

A. Approximately 35%
B. Approximately 80%
C. Nearly 10 billion people
D. Nearly 1 billion people

A. Capitalism
B. Physical quality of life index
C. Socialism
D. Communism

A. Can make any worker into a superstar
B. Increases human capital and the wages of workers
C. Only helps firms sort workers into high ability and low-ability workers
D. Reduces the wage gap between high-skill and low-skill workers.

A. Has no impact on the human capital of workers?
B. Increases human capital and the wages of workers
C. Can make any worker into a superstar
D. Only helps firms sort workers into high ability and low-ability workers.

A. Latin america
B. Asia
C. Africa
D. Australia

A. China
B. Russia
C. Hungary
D. Mexico