A. efficient but inequitable
B. inefficient but equitable
C. efficient and equitable
D. a tenet of communism
Related Mcqs:
- Socialization involves the use of which process to turn a “horde of barbarians” into productive human beings ?
A. trial and error
B. reinforcement
C. symbolic and physical interaction
D. prohibition - Disposable income is the part of households income left after the deduction of ?
A. income tax and social security payments
B. taxes and the addition of benefits
C. income tax
D. contractual payments such as pensions and mortgages - The political organization that may have too much influence on elected officials because of its generous contribution is the________________?
A. Republican Club
B. Democratic Club
C. Political Action Committee
D. Rules Committee - The first step in the scientific method is____________?
A. obtaining a government grant
B. classification and organization of data
C. selection of area to be researched
D. observation and recording of data - “Future shock”is____________?
A. a phrase used to describe an alien culture
B. the name of a famous movie dealing with a society of the future
C. a phrase used by Alvin Toffler to describe the rapidity of change
D. what the elderly experience in every society when a new generation comes into power - According to the cognitive development theory children learn gender roles according to____________?
A. instinct
B. attempt to elicit parental approval
C. which stage of cognitive development they have reached
D. biology - An increase in consumption at any given level of income is likely to lead to ?
A. A fall is savings
B. An increase in exports
C. A fall in taxation revenue
D. A decrease in import spending - The fraction of change in income that is consumed or spend is called ?
A. the marginal propensity of expenditure
B. the marginal propensity to save
C. the average propensity to consume
D. the marginal propensity to consume - If injections are less than withdrawals at the full-employment level of national income, there is ?
A. an inflationary gap
B. hysteresis
C. A deflationary gap
D. hyperinflation - As income increase ?
A. The average propensity to consume gets nearer in value of the marginal propensity to consume
B. The average propensity to consume diverges in value from the marginal propensity to consume
C. The average propensity to consume falls
D. The average propensity to consume always approaches 0