Average & Total Cost, Application of Economics & Income Inequality Mcqs


Q.  In Pakistan the term the poverty trap is used to describe the fact that ?

a. poor people are excluded from most leisure and social activities
b. the Pakistan benefit system makes being poor vary degrading
c. if poor people earn more their benefits fall, making them no better off.
d. in the Pakistan poor people are heavily taxed


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Rawls’s miximin criterion does not mean that there should be redistribution so as to equalise everyone’s incomes in society because ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The maximin criterion suggested by Rawls’s theory of justice means that the government should aim to ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  If people can borrow and lend to perfectly smooth out their lifetime living standards, then ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A period of unemployment due to recession will ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Because in-kind transfers are not accounted for in standard measures of income distribution the standard measures of income distribution ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The Keynesian remedy for unemployment is to ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following is not TRUE about rural urban migration ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The theoretical basis for zero marginal productivity of labor was the concept of ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The invisibly underemployed ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following is not TRUE about unemployed in LDCs ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The openly unemployed in LDCs are usually from all of the following except ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following is not capita good ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Entrepreneurship is the ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Based on Nafziger and Auvinen’s study high unemployment rates ? I- represent a vast underutilization of human resources II- are potential source of social unrest and political discontent III- are uncomerated with poverty and inequality in LCDs IV- are associated with middle age rural uneducated males
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Policies to reduce factor price distortion include? I- Encouraging small-scale industry II- Decreasing subsidies to capital investors III- Reducing social security programs and payroll taxation IV- Setting market-clearing exchange rates
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The simplest explanation based on Lewis’s model for rural-urban migration is ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to Harris and Todaro, creating urban jobs by expanding industrial output ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Disguised unemployed is?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  During the Great Depression workers in DCs who took inferior jobs as a result of being laid off were known as ?
Category: Economics Mcqs,   Published by: teswesm