A. society’s system of entitlement
B. an egalitarian income distribution
C. low poverty rates
D. society’s high Gini concentration
Related Mcqs:
- Sen’s welfare theory relies on ?
A. individuals’ accomplishments
B. individuals’ capabilities
C. individuals’ wealth
D. individuals’ education - Suppose we measure the quantity of good X on the horizontal axis and the quantity of good Y on the vertical axis If indifference curves are bowed inward, as we move from having an abundance of good X to having an abundance of good Y, the marginal rate of substitution of good Y for good X (the slope of the indifference curve) ?
A. rises
B. stays the same
C. could rise or fall depending on the relative prices of the two goods.
D. falls - The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?
A. the contention that workers in one industry may be unwilling to accept a wage cut unless they know that workers in other industries are receiving similar cuts
B. employment contracts that stipulate workers’ wages usually for a period of one to three years
C. unspoken agreements between workers and firms that firms will not cut wages
D. the incentive that firms may have to hold wages above the market clearing rate - The Setrite Corporation produce chairs. An economist working for the firm predicts that if people’s incomes rise next year, then the demand for our chairs will for our chairs will increase ceteris paribus The accuracy of the economist’s prediction depends on whether the chairs Setrite Produce ?
A. have few substitutes.
B. are normal goods
C. have few complementary goods.
D. have many complementary goods. - Investment is a unstable element of aggregate demand because it depends heavily on ?
A. Government policy
B. Expectations
C. National income
D. Historic trends - successful ________ depends on how well a company blends its people organizational structure decision and reward systems, and company culture into a cohesive program that supports its strategies?
A. marketing strategy
B. marketing control
C. marketing analysis
D. marketing implementation - Where a tax can be shifted, the incidence depends on ?
A. Whether there is perfect or imperfect information
B. elasticities of demand and supply
C. how many producers there are:
D. who is legally obliged to pay the tax - The multiplier accelerator model assumes ____ depends on ______?
A. consumption expected future profits
B. investment, interest rates
C. investment expected future profits
D. stock building interest rates - Where a tax can be shifted the incidence depends on ?
A. whether there is perfect or imperfect information
B. who is legally obliged to pay the tax
C. elasticities of demand and supply
D. how many producers there are: - The value of an asset depends upon ?
A. its scrap values
B. its depreciation
C. the present value of the future stream of income it can earn
D. the cost of loans
