A. irrational behavior
B. a lazy person
C. marginal benefit-marginal cost analysis
D. programmed learning
Submitted by: Mansoor Ul Haque
Related Mcqs:
- What is called an internet strategy of dealing directly with business rather than consumer ?
A. B2B
B. Indirect contact
C. Step by step
D. Trickle down - Jamil’s friend dies of a sudden heart attack. Jamil rushes to his doctor for an expensive physical examination. This response demonstrates that ?
A. People give too much weight to a small number of vivid observations
B. People easily change their minds when confronted with new information
C. People enjoy going to the doctor
D. People tend to plan ahead and follow through on their plans - Consumer goods with unique characteristics or brand identification often requiring a special purchase effort are called?
A. custom products
B. specialty products
C. convenience products
D. shopping products - The growth path resulting from technological progress for a given saving rate is known as the ?
A. Steady state growth path
B. Steady state invention rate
C. Steady state level of output
Unsteady state growth path - Real business cycle theories suggest that _____ to correct departures from the desired growth path?
A. There is a role for fiscal policy
B. There is a role for monetary policy
C. There is a role for supply-side policy
D. There is a role for stabilizing output ever the business cycle - Pathologies endemic to the Soviet bureaucracy included secrecy formalism cumbersome procedures rigidity and the tendency to concentrate on control rather than performance The party controlled The state by using the ____ the power to recommend and approve managers in administration and enterprises, of appointments and promotions to control access to government positions ?
A. Gosplan
B. Gosagroprom
C. nomenklatura system
D. Parastatals - A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?
A. Keynesians
B. post-keynesians
C. monetarists
D. new classical school - A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?
A. monetarists.
B. keynesians
C. post-keynesians
D. new classical school - Which of the following promotional budget methods wrongly views sales as the cause of promotion rather than as the result ?
A. Affordable method
B. Percentage of Sales method
C. Competitive parity method
D. Objective and task method - Government policies that focus on increasing production rather than demand are called ?
A. fiscal policies
B. monetary policies
C. supply-side policies
incomes policies