Policies to encourage productivity do not include ?

Related Mcqs:

1. A combined measure of productivity that takes account of both labor and capital productivity is known as ?

   A. total exploitation
   B. labour/capital productivity
   C. total factor productivity
   D. total productivity

2. A comparison of Japan’s policies before 1945 with the policies in effect after 1945 indicates that______________?

   A. reduction in spending on military goods leads to economic depression
   B. dependence on foreign trade usually leads to a weakened national economy
   C. territorial aggression is not necessary to secure national economic goals
   D. democratic institution hinder economic growth

3. Policies to reduce factor price distortion include?

   I- Encouraging small-scale industry
   II- Decreasing subsidies to capital investors
   III- Reducing social security programs and payroll taxation
   IV- Setting market-clearing exchange rates

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

4. If GNP of Pakistan rises. it will encourage ?

   A. Exports
   B. Imports
   C. Both
   D. None

5. Government payments made to domestic firms in order to encourage exports are called ?

   A. Side payments
   B. Tariffs
   C. subsidies
   D. export quotas

6. Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?

   A. the unscrupulous to enter the underground economy
   B. the elderly to retire early.
   C. all the things described in these answers.
   D. second earners to stay home.
   E. workers to work fewer hours

7. Identify below what does NOT affect productivity ?

   A. Public investment in education
   B. Innovation and the application of new technology
   C. The phase of the lunar cycle
   D. Private investment in new physical caital

8. Governments can stimulate productivity by ?

   A. Imposing higher taxes on capital
   B. encouraging more labour intensive work to reduce unemployment
   C. reducing spending in education
   D. encouraging private investment

9. If labour productivity per week is 200 units and there are 5 employees what is the total output ?

   A. 40 units
   B. 195 units
   C. 1000 units
   D. 200 units

10. New technology in the form of computer spreadsheets has increased the productivity of accountants. This will cause ?

    A. the demand curve for accountants to shift to the right, since the productivity of accountants has increased
    B. firms to move up their demand curves for accountants
    C. the demand curve for accountants to shift to the left, since it requires fewer accountants than it did before to do the same amount of work.
    D. firms to move down their demand curves for accountants