Economics MCQs

Page No. 218

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


aproductivity

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bage

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csex

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drace

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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

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

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cdecrease in the demand for unskilled workers are more poorly educated

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

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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

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bWomen entering and leaving the labour force to care for children

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ccustomers preferring to deal with men

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dall of these answers

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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

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bthe customer

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cthe government

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dthe employer

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View Answer the employer

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


a Working the night shift

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bworking harder

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cmore education

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ddoing a job that is fun

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


aeducation

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bexperience

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

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deffort

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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

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bwe have observed a compensating differential

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ccoal miners must be more attractive than other workers

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dwe have evidence of discrimination against workers outside the coal mine

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The Benazir Benefit income Scheme is a good example of ?


aa benefit in kind.

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ba means tested cash benefit

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c a universal (social insurance based) benefit

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d none of the above

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View Answer a benefit in kind.

VAT is a good example of which kind of tax ?


aspecific

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bDirect

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cAd valorem

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d Excise duty

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View Answer Ad valorem

Where a tax can be shifted the incidence depends on ?


awhether there is perfect or imperfect information

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bwho is legally obliged to pay the tax

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c elasticities of demand and supply

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dhow many producers there are:

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