MCQs: In the ultimatum game, what split would be rational for both the person proposing the split and the person who must accept or reject the split ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following is true under pairwise majority rule if people vote for the outcome closest to their most preferred outcome ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: hich of the following is not a property required of a perfect voting system ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Refer to Figure 1 What percent of the population vote for A when the choice is between A and B ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Which of the following is an example of a signal that is used to reveal private information ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Markus is a travelling salesman for an apparel company. In this employment relationship, Markus is the ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Jamil’s car is in need of repair, so John decides to sell it avoid the repair bill. Unaware of the problem, Shahab buys the car. This is an example of ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose that the firms collude and become a cartel The best level of output for the cartel as a whole is ___________ the price equals __________ and profits total __________?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Poor developing countries typically impose __________ tariffs than rich advanced nations on imports?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Membership in the World Trade Organization for china ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Developing countries that concentrate production in agricultural products or raw materials may face a long-run decline in their international terms of trade because of ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: An export quota agreement to stabilize the price of bauxite tends to be more successful when the member producer countries as a percentage of the world’s producer countries is __________ and the _________ it is for the member producer countries to store/stock pile bauxite?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Suppose that the demand curve for tin is highly inelastic. If the supply curve of tin decrease and increase cyclically along the demand curve for tin then in this market the size of the price fluctuation will be __________ the size of the quantity fluctuations?
Category: Economics Mcqs, Published by: teswesm
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MCQs: In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?
Category: Economics Mcqs, Published by: teswesm
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MCQs: _________ policies attempt to foster industrialization by establishing high barriers to imports of foreign goods to promote local production ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Export-led growth strategies tend to emphasize ?
Category: Economics Mcqs, Published by: teswesm
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MCQs: Import substitution is an example of ?
Category: Economics Mcqs, Published by: teswesm
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