Economics MCQs – Mock Test 26

Measurement of Inequality MCQs with Answers PDF Download – Test 26

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Measurement of Inequality MCQs – Mock Test 26 PDF Download

MCQ 126: Economic growth can reduce poverty by creating more:

money
job opportunities
utilization of resources
education

MCQ 127: The sunk cost is also considered as the cost of wear and tear that is known as:

depreciation cost
inventory cost
hoarding cost
explicit cost

MCQ 128: A special type of tax that is being levied on that goods that are not necessary but it fulfils your temporary desires is known as:

ad-valorem tax
luxury tax
payroll tax
tax on entertainment

MCQ 129: A tariff that is imposed on the monetary value of the taxed item is known as:

specific tariff
ad valorem tariff
import tariff
compound tariff

MCQ 130: The type of activity that lets an investor the chance to achieve positive returns in one market when another market is generating negative returns is called as:

risk criterion
risk assessment
risk value
risk diversification

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