Economics

Descripción

Multiple choice questions
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Test por Zoe2968, actualizado hace más de 1 año
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Resumen del Recurso

Pregunta 1

Pregunta
1. Unemployed worker accepts the job Which of the following is an opportunity cost of this decision?
Respuesta
  • a. The cost of travel to work
  • B. income from the new job
  • C. The leisure time lost
  • d. The training in the new job

Pregunta 2

Pregunta
A hospital cannot treat all the peoples that need treatment. This is an example as
Respuesta
  • A. Excess supply
  • B. Limited wants
  • C.Scarcity
  • d. Unlimited wants

Pregunta 3

Pregunta
Economic growth in Russia and China used to be led by the public sector. Now it results more from activities in the private sector. However, both sectors are important Which term describes the current system in Russia and China
Respuesta
  • a. Market
  • B. mixed
  • C. Planned
  • D, subsistence

Pregunta 4

Pregunta
The table shows how employment in five industries changed in a country between 1985 and 2000. 1985 (thousand). 2000 (thousand) Banking finance. 2336 2881 Distribution and catering 4678. 5323 Extractions of minerals 2278. 1794 Manufacturing 4102. 3128 Transport 2550. 2304 According to the table which type of employment has increased?
Respuesta
  • A. Primary
  • b. secondary
  • c tertiary
  • d total

Pregunta 5

Pregunta
What is necessary for a company to be classified as a multi-national?
Respuesta
  • A. It diversifies it's ranges of products
  • b. it exports most of its outputs
  • C. It increases it's scale of production
  • D. It produces some of it's output in different country
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