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Demand for Labor Quiz Questions and Answers PDF Download 64

Practice Demand for Labor quiz questions and answers, demand for labor MCQs with answers PDF to solve economics worksheet 64 for online graduate programs. Practice Markets For Factors of Production quiz questions with answers, demand for labor multiple choice Questions and Answers (MCQ) to solve demand for labor test with answers for online university degrees. Free demand for labor MCQs, factor intensity, factor abundance, and shape of frontier curve, deadweight loss of taxation, economies of scale and international trade, prices rise when government prints too much money, demand for labor test prep for online schools for business management.

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Quiz on Demand for Labor PDF Download 64

Demand for Labor Quiz

MCQ: If demand for the firm's output increases, the firm will demand more

  1. labor
  2. capital
  3. employment
  4. building

A

Prices rise when government prints too much money Quiz

MCQ: A situation when there is rise in general prices in an economy over a specific period of time is known as

  1. inflation
  2. hyper inflation
  3. stagflation
  4. consumer price index

A

Economies of Scale & International Trade Quiz

MCQ: The term that relates to the location or area that lies outside of one's national boundaries is known as

  1. outreaching
  2. off shoring
  3. off shoring
  4. international trade

C

Deadweight Loss of Taxation Quiz

MCQ: The relationship between elasticity of supply and demand with deadweight loss of a tax is

  1. slightly positive
  2. positive
  3. negative
  4. zero

B

Factor Intensity, Factor Abundance, & Shape of Frontier Curve Quiz

MCQ: The situation that prevails when economic growth could results in a country being worse off than before the growth is known as

  1. immiserizing growth
  2. stagnant growth
  3. increasing growth
  4. decreasing growth

A