Economics Quiz

Which of the following statements describes point D?

Which of the following does NOT affect the size of the public sector?

Based on Figure 1, the use of North South Highway (PLUS) describes the characteristics at the point?

• a. A

• b. B

• c. C

• d. D

The district with the best distribution gap is _______.

• a. Kuala Pilah

• b. Thumbs up

• c. Tampin

• d. Seremban

Which of the following is an appropriate measure to reduce the wealth gap?

• a. Implement subsidy rationalization.

• b. Impose vehicle tax on all types of vehicles.

• c. Increase the GST tax rate.

• d. Give RON95 subsidy to all vehicle users.

The function of ______________ is important to improve the income and wealth gap in the country.

• a. stabilization

• b. distribution

• c. isolation

• d. provision

The district with the poorest population is _______.

• a. Kuala Pilah

• b. Thumbs up

• c. Tampin

• d. Herbs

Choose the TRUE statement about perfect competition.

• Sole producer

• Homogeneous goods

• The price is determined by the government

• Asymmetric information

The manufacture of products from a factory is seen to have side effects on third parties. Among the effects that arise are noise and atmospheric pollution. This effect is known as ___________.

• a. negative internality

• b. explicitly negative

• c. negative externalities

• d. positive externalities

Which of the following is MOST APPROPRIATE used to measure the income and wealth distribution gap in a country?

• a. Gini index

• b. Income per capita

• c. Poverty line income

• d. Poverty index