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Miscellaneous Economics Mcqs

Japan’s lean production method is modeled on a system worked out at……………?

A. Nissan Motors
B. Mazda Motors
C. Toyota Motors
D. Mitsubishi Motors

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Craft unions differed from industrial unions in that they…………..?

A. Welcomed minorities
B. Were socialist
C. Were horizontally organized
D. All of the above

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CEO stands for……………?

A. clear everybody out
B. capital employment outlay
C. chief executive officer
D. Caribbean Entrepreneurs Office

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The shift toward tertiary sector jobs has……………?

A. reduced the need for unskilled or semi-skilled workers
B. eliminated hardcore unemployment
C. established a general trend toward the professionalization of everyone
D. All of these

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The intended consequences of advertising is to………………?

A. increase consumption
B. create brand awareness and direct consumption
C. create demand
D. All of the above

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The result of executive officers sitting on several corporate boards is…………….?

A. oligopolies
B. trusts
C. interlocking directorates
D. restraint of trade

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The trend toward early retirement seems to be…………..?

A. irreversible
B. the inevitable outcome of modernization
C. a reasonable response to the declining intellectual performance that occurs after age 55
D. none of the above

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Which groups are hardest hit by the death of a spouse ?

A. The more elderly widowers
B. Women who derived their identity from being someone’s wife
C. Women living in large cities those with small incomes and those who are fairly young
D. all of the above

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The instrumental role was traditionally assigned to…………..?

A. males
B. females
C. the old
D. children

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Which is false ?

A. more men than women live alone
B. more elderly men than women are married
C. only a small percentage of the 65- to 74- year olds live in nursing homes
D. older workers perform as well as younger workers

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