Economics MCQs

Page No. 218

It is not considered discrimination when an employer offers different opportunities to individuals that differ only by them ?


aproductivity


bage


csex


drace


View Answer productivity

Economists have hypothesized that the widening gap between the wages of unskilled workers and skilled workers may be due to ?


adecrease in the demand for unskilled workers because of increases in technology and increases in international trade


b increase in the number of unskilled workers available due to immigration into the UK.


cdecrease in the demand for unskilled workers are more poorly educated


d increase in the number of unskilled workers available because workers are more poorly educated



Which of the following could result in women being paid less than men ?


awomen obtaining less human capital because they don’t plan to work continuously to the age of retirement


bWomen entering and leaving the labour force to care for children


ccustomers preferring to deal with men


dall of these answers


View Answer all of these answers

In a competitive market, which of the following is least, likely to be the source of a persistent discriminatory wage differential ?


aAll of these answers could be source of a persistent discriminatory wage differential


bthe customer


cthe government


dthe employer


View Answer the employer

All of the following would tend to increase a worker’s wage except ?


a Working the night shift


bworking harder


cmore education


ddoing a job that is fun



Which of the following is not part of a worker’s human capital ?


aeducation


bexperience


c all of these answers are parts of a worker’s human capital


deffort


View Answer effort

If a person who works in coal mine gets paid more than a person with a similar background and skills who works in a safer job, then ?


acoal miners must have greater human capital than others


bwe have observed a compensating differential


ccoal miners must be more attractive than other workers


dwe have evidence of discrimination against workers outside the coal mine



The Benazir Benefit income Scheme is a good example of ?


aa benefit in kind.


ba means tested cash benefit


c a universal (social insurance based) benefit


d none of the above


View Answer a benefit in kind.

VAT is a good example of which kind of tax ?


aspecific


bDirect


cAd valorem


d Excise duty


View Answer Ad valorem

Where a tax can be shifted the incidence depends on ?


awhether there is perfect or imperfect information


bwho is legally obliged to pay the tax


c elasticities of demand and supply


dhow many producers there are:



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