Economics MCQs

Page No. 30

Who really owns the corporation? the_________________?


aGovernment


b stockholders


cbanks


dfounders


View Answer stockholders

What percentage of American business revenues do corporation represent ?


a60%


b50%


c80%


d70%


View Answer 70%

Industrialization was accompanied by_______________?


acreation of a middle class


bdehumanization and commodification of labor


ccontinued accumulation and reinvestment of capital


d All of the above


View Answer All of the above

Another way of talking about opportunity costs might be as________________?


aeconomic consequences


bsocial consequences


c value of sacrificed resources


dparallel world



An example of resource versatility is_________________?


a land used for both mining and recreation


bSwimming fishing and boating in the same lake


cstringing beads in the morning fishing in the afternoon, and teaching bead stringing at night


dAll of the above



The practice of U.S corporations’ moving’s their production facilities abroad is called________________?


amultinationalism


binsourcing


c diversification


dOligopoly


View Answer multinationalism

To use up the final products of production is to_______________?


adistribute


bconsume


callocate


dappropriate


View Answer consume

The totality of the phenomenon under study is called the_______________?


apopulation


buniverse


csample


dinferential


View Answer population

The most experimental of the social sciences is_________________?


asociology


bpsychology


carchaeology


deconomics


View Answer psychology

Furnishing historical data about past societies with no written records is the task of_______________?


a archaeology


bcultural geography


chistory


dornithology


View Answer archaeology

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