Economics Mcqs
The emigration of highly-skilled people from the developing countries is known as ?

A. The brain drain
B. Human capital deterioration
C. Productivity
D. Labor degradation

Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

A. High formal education and training
B. Better health and physical condition of the labor force
C. Both a and b are correct
D. None of the above is correct

By 2010 the U.S Census Bureau expects life expectancy in the tow southern African countries of Botswana and South Africa to be ?

A. 30 to 40 years, about the same as in 1995
B. 30 to 40 years, a fall of more than 10 years from 1995
C. 50 to 60 years, about the same as in 1995
D. 70 years, an increase from 1995

The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?

A. Mortality-adjusted lifelong
B. Premature living age
C. Life mortality-fertility ratio
D. Disability-adjusted life years

Which of the following is True about HIV/AIDS ?

I- Women comprised 58 percent of hiv-positive adults in the sub-sahara
Ii- aids infection rates in africa are highest among urban high
Iii- in 2001 40 million people with hiv/aids lived in sub-saharan africa
Iv- since 1981 120 million people have died of aids

The demand for which of the following is likely to be the most price inelastic ?

A. Transportation
B. Taxi rides
C. Bus tickets
D. Airline tickets

If a supply curve for a good is price elastic then ?

A. The quantity supplied is sensitive to changes in the price of that good
B. That quantity demanded is insensitive to changes in the price of that good
C. The quantity demanded is sensitive to changes in the price of that good
D. The quantity supplied is incentive to changes in the price of that good

A decrease in supply (shift to the left) will increase total revenue in that market if ?

A. Demand is price inelastic
B. Supply is price elastic
C. Supply is price inelastic
D. Demand is price elastic

Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to ?

A. Increase total revenue to farmers as a whole because the demand for food is elastic
B. Increase total revenue to farmers as whole because the demand for food is inelastic
C. Reduce total revenue to farmers as a whole because the demand for food is elastic
D. Reduce total revenue to farmers as a whole because the demand for food is inelastic