The relative deprivation approach attempts to______________?

Related Mcqs:

1. The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

   I- probability at birth of not surviving to age 40
   II- adult illiteracy rate
   III- negative economic growth
   IV- lack of a decent standard of living

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

2. A attempts to limit outsourcing of jobs to foreigners by requiring that a minimum percentage of a product’s value must be produced domestically if that good is to be sold in the domestic market ?

   A. domestic subsidy
   B. voluntary restraint agreement
   C. domestic content requirement
   D. tariff-rate quota

3. During the 1980s and 1990s the economic policies of China, supported by Deng Xiaoping have led directly to______________??

   A. an expansion of China’s colonial empire
   B. an increase in trade with the West
   C. a return to a strict command economy
   D. the success of the commune system

4. The term prospectus refers to______________?

   A. Formal summary of proposed project
   B. Document describing chief features of something for participants
   C. Both of them
   D. None of them

5. The term technology refers to______________?

   A. Application of science to achieve a commercial or industrial objective
   B. Application of modern science in the country
   C. Science based know low
   D. All of these

6. In autarky, the relative price of X, in terms of Y in A would be ?

   A. 1/2 Y
   B. 3/4 Y
   C. 1 Y
   D. 4/3 Y

7. In autarky, the relative price of wine, in terms of beer, in country A is ?

   A. 1W = 1B
   B. 1W = 2B
   C. 1W = 3B
   D. 1W = 1/3B

8. The relative price (MRT) of T in terms of S is ?

   A. 2
   B. 1/2
   C. 500
   D. 1000

9. The rise in value of one currency relative to another is ?

   A. a weakening of a currency
   B. A depreciation of a currency
   C. An appreciation of a currency
   D. a debasement of a currency

10. 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