Cities and towns came into existence due to ?

Related Mcqs:

1. Which one of the following was the most important condition for the growth of the early cities ?

   A. Discoveries of new trades
   B. Increase in population
   C. Surplus food production
   D. Technological innovations

2. Which factor best accounts for the existence of cash-crop production as a major form of agriculture i many central American nations today ?

   A. demand of world markets for such crops
   B. lack of modern agricultural technology
   C. inadequate supply of water and other natural resources
   D. peasant ownership of most farmlands

3. Throughout most of humankind’s existence, population grew at a rate of ________ per year?

   A. 10%
   B. 0.002%
   C. 2%
   D. 0.5%

4. 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

5. The shrinking or distances due to technological advances such as computer and fax connections by telephone are one characteristic of what new challenge to marketing ?

   A. Rapid globalization
   B. The changing world economy
   C. The call for more socially responsible marketing
   D. The micro-chip revolution

6. Public goods are difficult for a private market to provide due to ?

   A. the rivalness problem
   B. the public goods problem
   C. the Tragedy of the Commons.
   D. The free-rider problem.

7. A period of unemployment due to recession will ?

   A. increase a worker’s current income and permanent income
   B. reduce a worker’s current income but not necessarily their permanent income
   C. affect neither the current nor the permanent income of a worker
   D. reduce a worker’s permanent income but not their current income

8. Due to Japan’s high saving rate, suppose that the Japanese invest abroad. This investment may result in a/an _______ of the Japanese yen and therefore a for Japan?

   A. appreciation; trade surplus
   B. appreciation; trade deficit
   C. depreciation; trade surplus
   D. depreciation; trade deficit

9. Suppose, due to political instability, Russians suddenly choose to purchase UK assets as opposed to Russian assets Which of the following statements is true regarding the value of the pound and UK net exports ?

   A. The pound appreciates, and UK net exports rise
   B. The pound appreciates, and UK net exports fall
   C. The pound depreciates, and UK net exports rise
   D. The pound depreciates, and UK net exports fall

10. Suppose, due to political instability, Russians suddenly choose to invest in UK assets as opposed to Russian assets Which of the following statements is true regarding UK net foreign investment ?

    A. UK net foreign investment is unchanged because only UK residents can after UK net foreign investment
    B. UK net foreign investment rises
    C. UK net foreign investment falls
    D. None of the above