Economics and Business

Economics and Business MCQs for Test Preparation. These Economics and Business MCQs are the most repeated MCQs and very important for all type of exams organized by FPSC, PPSC, KPSC, SPSC, BPSC, NTS, PTS, OTS, UTS, CTS, ITS and other testing agencies of Pakistan. Most important FPSC MCQs, PPSC MCQs, KPSC MCQs, SPSC MCQs, BPSC MCQs, NTS MCQs, PTS MCQs, OTS MCQs, UTS MCQs, CTS MCQs, ITS MCQs and other MCQs for test preparation in Pakistan.

Which of the following is not a method firms use to avoid the moral hazard problem in the employment relationship ?

A. They pay employees with delayed compensation such as a year-end bonus
B. They buy life insurance on their workers
C. They pay above equilibrium wages
D. They put hidden video cameras in the workplace

Economics and Business

Author: sinxoo

Report : If answer is wrong.

Which was NOT a characteristic of the Renaissance ?

A. emphasis on individuality
B. confidence in human rationality
C. the emergence of merchant oligarchies
D. the development of social insurance programs

Economics and Business

Author: sinxoo

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In the twentieth century, the family’s protective function has increasingly been transferred to outside agencies such as______________?

A. hospitals
B. mental health clinics
C. insurance companies
D. all of the above

Economics and Business

Author: sinxoo

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Which conception of welfare refers to the provision of a “safety net” for disadvantaged populations ?

A. behaviorist
B. egalitarian populist
C. residua list
D. social insurance

Economics and Business

Author: sinxoo

Report : If answer is wrong.

Which of the following is not a revenue expense?

A. Cost of raising a loan
B. Cost of accessories of motor vehicles spent at the time of purchase
C. Expenses incurred for laying of sewers on land purchased
D. Insurance premium paid at the time of registration of the ship