Economics Mcqs

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

I- Holland
II- Soviet Union
III- China
IV- India

A. I and II only
B. II and III only
C. III and IV only
D. I and IV only

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

A. I and II only
B. II and III only
C. I, II and III only
D. I, II, III, and IV

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

A. created stationary economies of scale
B. maintained the relationship between firms and their clients
C. replaced price as the important
D. limited the expansion of firms

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

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

A. sooner
B. longer
C. bigger
D. smaller