Extraction of raw materials occurs in which sector of the economy ?

Related Mcqs:

1. For equilibrium in an open four sector economy ?

   A. Actual injections = actual withdrawals B. Planned injections = planned withdrawals C. Savings = investment D. Government spending = tax revenue...

2. Assuming there is no government or foreign sector, if the multiplier is 2.5 the MPC is ?

   A. 4 B. 25 C. 6 D. 2.5...

3. Companies in the private sector are owned by ?

   A. The government B. Shareholders C. Employees D. The community...

4. Assuming there is no government or foreign sector, if the MPC is 8 the multiplier is ?

   A. 5 B. 8 C. 2 D. 1.25...

5. Assuming there is no government or foreign sector the formula for the multiplier is ?

   A. 1/MPS B. 1/(1+ MPC) C. 1 – MPC D. 1/MPC...

6. What is meant by the public sector ?

   A. The goals of the society B. Economic activities in which the government engages for the public good C. Economic activities in which self-interest makes for personal affluence D. Economic activities open to the public...

7. The shift toward tertiary sector jobs has_______________?

   A. reduced the need for unskilled or semi-skilled workers B. eliminated hardcore unemployment C. established a general trend toward the professionalization of everyone D. All of these...

8. Which of the following is NOT within the secondary economic sector ?

   A. Home construction B. Oil drilling C. Salmon canning D. All of these...

9. An accountant is part of which sector ?

   A. primary B. secondary C. Tertiary D. Quaternary...

10. When supply and demand are essentially equal the economy is said to be in________________?

    A. a recession B. equilibrium C. equivalence D. abeyance...