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WorksheetsQuiz on Economic Concepts
Total questions: 109
Worksheet time: 1hrs 7mins
What is the reason for the formation of the average profit rate?
Chasing surplus value
Competition between industries
Competition
Internal competition within the industry
How does the interest rate on loan capital fluctuate according to the supply-demand relationship?
Supply > demand, interest rate decreases.
Supply = demand, interest rate decreases.
Supply = demand, interest rate increases.
Supply < demand, interest rate decreases.
In comprehensive international integration, which entity is considered the core force?
Enterprises and entrepreneurs
Enterprises and intellectuals
The people
The state
In the process of producing surplus value, the value of consumed means of production will
be compensated.
be reproduced.
not be reproduced.
be preserved and transferred into the value of new products by the specific labor of the producer.
In today's capitalism, how does the financial tycoon dominate the economy?
Through international financial organizations.
By combining the 'participation regime' and the 'mandate regime'.
'Mandate regime'.
'Participation regime'.
Which of the following tasks is not necessary to transition from a backward production-society to a modern production-society in our country?
Shifting the economic structure towards modernity, rationality, and efficiency.
Gradually perfecting the productive forces in line with the development level of the production relations.
Promoting the application of modern scientific and technological achievements.
Being ready to adapt to the impacts of the Fourth Industrial Revolution.
Which statement is false regarding the role of the state economy?
The state economy is a lever to promote rapid, sustainable growth and solve social issues.
The state economy serves as a material force for the state to perform its regulatory and management functions.
What is the role of the state economy in promoting sustainable growth and addressing social issues?
The state economy is a lever to promote rapid, sustainable growth and address social issues.
The state economy serves as a material force for the state to regulate and manage the economy.
The state economy paves the way, guides, and supports other economic components to develop.
The state economy operates independently, separate from the entire economy and other economic components.
Which of the following is incorrect when considering the method of producing absolute surplus value?
The surplus labor time changes.
The labor day changes.
The necessary labor time changes.
The value of labor power remains unchanged.
What is the limit of the rate of return?
Lower than the average profit rate and greater than 0.
The rate of return is usually greater than the profit rate.
The rate of return can sometimes be greater or less than the profit rate depending on the supply-demand relationship for capital in the market.
In normal circumstances, the rate of return usually equals the profit rate of production capital.
When labor productivity doubles, what happens?
The total number of products and the value in a unit of goods both decrease by half.
The total number of products decreases by half and the value in a unit of goods also increases by double.
The total number of products and the value in a unit of goods both increase by double.
The total number of products increases by double and the value in a unit of goods also decreases by half.
What is the most important factor to increase the scale of capital accumulation?
Increasing the quantity of social labor.
Increasing the savings of capitalists.
Increasing competition among capitalists to obtain more surplus value.
Improving the level of labor exploitation.
When labor productivity increases, what happens?
When labor productivity increases, what happens?
The total number of products decreases and the value in a unit of goods decreases.
The total number of products increases and the value in a unit of goods decreases.
The total number of products increases and the value in a unit of goods increases.
The total number of products decreases and the value in a unit of goods increases.
The fourth industrial revolution features the emergence of new technologies such as?
Artificial intelligence, big data, 3D printing,...
Information technology and computers.
Electric motors, internal combustion engines,...
Automobile manufacturing, mobile phones,...
When did political economy officially become a science?
The 17th century
The 19th century
The 16th century
The 18th century
Which of the following is incorrect about capital accumulation?
The source of capital accumulation is surplus value.
Basic accumulation is the saving of capital.
Capital accumulation is the transformation of a part of surplus value into capital.
The motive of capital accumulation is also surplus value.
Capital enterprises participating in trusts become shareholders to?
Earn profits based on the quantity of goods.
Maximize profits.
Earn profits based on the number of shares.
Earn average profits.
Which statement is false regarding the manifestation of economic interests?
In the long run, participating in economic activities means economic interests are decisive.
Associated with different economic entities are similar interests.
In a market economy, wherever there is production and business activity, there are interest relationships and economic interests.
Associated with different economic entities are corresponding interests.
What is capital?
What is capital?
It is a tool of production and raw materials
It is value that brings surplus value
It is money and machinery
It is money that can generate more money
What is a commodity?
A product of labor that satisfies a certain need of humans.
A product of labor that satisfies the needs of the producers themselves.
A product of labor that can satisfy a certain need of humans through exchange, buying, and selling.
A product of labor that satisfies the needs of others without exchange, buying, and selling.
Which of the following is not an expression of economic interest?
The relationship between one country and other countries in the world
The relationship between an economic organization and an individual within that organization
The relationship between an economic organization and an individual outside that organization
The relationship between different subjects, organizations, and parts that make up the economy
When did the Internet emerge in the 20th century?
The 70s
The 90s
The 80s
The 60s
The method of producing relative surplus value is
The length of the working day remains unchanged, the necessary labor time increases.
Shortening the necessary labor time while keeping the length of the working day unchanged or shortened.
Extending the working day, the necessary labor time remains unchanged.
Extending the working day, the necessary labor time increases.
Transitioning from manual labor to machine-based labor, implementing mechanization of production by using water and steam energy is the basic content of which industrial revolution?
The third industrial revolution
The industrial revolution
What is the basic content of the industrial revolution that produces using water and steam energy?
Third industrial revolution
Second industrial revolution
Fourth industrial revolution
First industrial revolution
What field does the mercantilism theory deeply study and analyze to derive economic theories?
Industry
Services
Agriculture
Foreign trade
What is the circulation of capital?
The continuous movement from monetary capital to production capital and commodity capital
The continuous movement through different forms to return to the original form along with the surplus value
The continuous movement of monetary capital
The continuous movement of fixed capital and circulating capital
Where does the mercantilism explain the origin of profit comes from?
Agriculture
Commerce
Services
Industry
What does ownership include?
Subject of ownership and object of ownership
Subject of ownership and legal
Economics and legal
Economics and management
The form of investment through lending to earn interest, buying shares, stocks, bonds, and other valuable papers that the investor does not directly participate in managing investment activities is?
Direct investment
Non-repayable aid
Indirect investment
Official development assistance
The rate of surplus value expresses?
The scale of exploitation of capital over wage labor.
The scope of exploitation of capital over wage labor.
The level of exploitation of capital over wage labor.
The nature of exploitation of capital over wage labor.
Based on what criteria to divide the goods market and the service market?
Based on what basis is the market for goods and the market for services divided?
Nature and mechanism of market operation
Inputs and outputs of the production process
Objects of goods exchanged, bought, and sold
Based on the specificity of the market
The law of supply and demand is the economic law regulating the relationship between
producers of goods with each other.
sellers of goods with each other.
supply and demand for goods in the market.
consumers with each other.
The structure of the economic sector holds the most important position in the economic structure system because
it is not affected by other economic structures and determines the results of the industrialization and modernization process.
it concentrates all resources of the economy and determines the results of the industrialization and modernization process.
it reflects the level of economic development and the results of the industrialization and modernization process.
it is the only expression of the economic structure and is a measure of the results of the industrialization and modernization process.
What is the origin of money the result of?
The process of international buying and selling
The process of state formation
The process of development of production and exchange of goods
The process of exchange and buying and selling in the market
Which factor affects the price of goods?
The utility value of goods, the law of supply and demand, the law of competition, and the value of money
The quantity of goods in the market, the law of supply and demand, the law of competition, and the value of money.
The value of goods, the law of supply and demand, the law of competition, and the value of money
The exchange value of goods, the law of supply and demand, the law of competition, and the value of money.
What is the purpose of studying Marxist-Leninist political economy?
Harmonizing economic interests
Applying economic laws governing production and exchange
Finding economic laws governing the movement of production methods
Discovering economic laws governing relationships between people in production and exchange
What criteria are used to divide the market for production materials and the market for consumer goods?
The role of the exchanged, bought, and sold factors
Input and output of the production process
The object of goods exchanged and sold
The nature and operating mechanism of the market
When and where did the Soviet-style industrialization model begin?
Early 1930s in Eastern Europe
Early 1930s in the Soviet Union
Early 1945 in the Soviet Union
Early 1945 in Eastern Europe
Which of the following statements about cartels is false?
Cartels often break up before the deadline.
Companies participating in cartels remain independent in production and circulation of goods.
Members participating in cartels only commit to implementing the signed agreement, and if they fail, they will be fined according to the agreement's regulations.
Cartels are a strong monopoly alliance.
What is a trade union?
An organization protecting the rights of wage laborers
An organization protecting the rights of workers
An organization protecting the rights of employers
An organization protecting the rights of factory workers
Why is labor power a special commodity?
Labor power is the most important factor of the capitalist production method.
When used, it creates a value greater than its own value.
What is special commodity?
Labor is the most important factor of capitalist production.
When used, it creates a value greater than its own value.
Labor is the most important factor of all social production.
Labor is bought and sold in a special market.
Competition between industries occurs when there is a difference in
supply and demand of goods.
exchange value of goods.
profit rate.
profit.
The new manifestation of capital export is reflected in the subject of capital export having significant changes, notably
the emergence of many capital export subjects from developing countries; medium and small enterprises.
multinational companies; the emergence of many capital export subjects from developing countries.
the emergence of many capital export subjects from developed countries; medium and small enterprises.
multinational companies; the emergence of many capital export subjects from developed countries.
When did Vietnam join the ASEAN Free Trade Area (AFTA)?
1995
1996
1998
1997
The form of monopoly in which large capitalist enterprises sign agreements with each other about prices, output, markets, and payment terms is
trust.
consortium.
syndicate.
cartel.
The common point of all economic activities in a market economy is aimed at
benefits.
responsibility.
competition.
autonomy.
The law of value regulates production, meaning
managing production sectors.
supplying goods for production.
scale of production.
regulating and allocating production resources and labor.
The fundamental reason for the depreciation of fixed capital is
What is the basic reason for the depreciation of fixed capital?
Supply exceeds demand for fixed capital.
Due to use and the impact of nature.
Increased labor productivity in the machinery manufacturing sector.
Application of new scientific and technical advances.
The process of international economic integration is divided into basic levels from low to high as follows:
Customs Union (CU), Preferential Trade Agreement (PTA), Free Trade Area (FTA), Common Market (or single market), Economic and Monetary Union,...
Free Trade Area (FTA), Preferential Trade Agreement (PTA), Customs Union (CU), Common Market (or single market), Economic and Monetary Union,...
Preferential Trade Agreement (PTA), Free Trade Area (FTA), Customs Union (CU), Common Market (or single market), Economic and Monetary Union,...
Free Trade Area (FTA), Customs Union (CU), Common Market (or single market), Preferential Trade Agreement (PTA), Economic and Monetary Union,...
How do other factors fluctuate when the labor intensity is increased by 2 times?
Total product, total product value both decrease by 1/2 and the value in one unit of goods remains unchanged.
Total product, total product value and the value in one unit of goods both increase by 2 times.
Total product, total product value both increase by 2 times and the value in one unit of goods remains unchanged.
Total product, total product value and the value in one unit of goods both decrease by 1/2.
What is the purpose of producers in commodity economy?
Exchange, trading.
Increase labor intensity.
Increase labor productivity.
Self-sufficiency.
What is the purpose of producers in commodity economy?
Exchange and trade.
Increase labor intensity.
Increase labor productivity.
Self-consumption.
When increasing labor intensity by 2 times, how do other factors change?
Total product increases by 2 times and the value per unit of goods remains unchanged.
Total product and the value per unit of goods both decrease by 2 times.
Total product and the value per unit of goods both increase by 2 times.
Total product increases by 2 times and the value per unit of goods decreases by 2 times.
What is the purpose of competition between industries?
Innovate technology
To trade goods at the most favorable prices
To earn the most profit
To find more profitable investment places
How will supply and demand change when the price of goods increases?
Supply decreases, demand decreases
Supply increases, demand increases
Supply decreases, demand increases
Supply increases, demand decreases
Monopoly is an alliance between large enterprises, capable of monopolizing the production and consumption of certain types of goods, able to set monopoly prices, in order to earn
Relative surplus value.
Absolute surplus value.
High monopoly profit.
Average profit.
When did the scientific term 'political economy' first appear?
1612
1610
1615
1618
The profit rate is an indicator of evaluating
The effectiveness of past labor use.
The effectiveness of living labor use.
The degree of exploitation.
The effectiveness of investment capital use.
The new manifestation of capital export is reflected in the majority of capital investment flows
From developed capitalist countries to underdeveloped countries.
Flowing back and forth between developed capitalist countries.
From developing countries.
What is the manifestation of capital investment?
from developed capitalist countries to underdeveloped countries.
flowing back and forth between developed capitalist countries.
from developing countries to developed countries.
flowing back and forth between developing countries.
What is the research subject of classical political economy in England?
Finance
Production
Circulation
Services
What does the complexity of labor reflect?
Complex labor is labor that must be trained.
Complex labor and simple labor are both the unity of the specific and the abstract.
In the same time, a complex labor activity will create more value than simple labor.
Transform complex labor into simple labor.
What is money used for when performing the function of world currency?
Movement of wealth
International buying and selling, payment
Means of buying and selling
Measuring the value of goods
Which forms of distribution reflect the socialist orientation of the market economy in Vietnam?
Distribution according to labor and economic efficiency, distribution according to welfare
Distribution according to labor, according to capital contribution and distribution according to welfare
Distribution according to capital contribution and distribution of production factors
Distribution according to capital scale and economic efficiency, distribution according to welfare
The most important organization protecting the rights of
workers
employers.
companies.
enterprises.
In the economic structure system, the most important structure is
economic resource structure.
economic sector structure.
economic region structure.
economic component structure.
The term 'e-government' appeared from which event?
What is the most important position?
Economic resource structure.
Economic sector structure.
Economic region structure.
Economic component structure.
What is the concept of 'e-government' that emerged from which industrial revolution?
Third time
Fourth time
Second time
First time
Fill in the appropriate words in the blanks: The content of the second industrial revolution is reflected in the use of energy ...(1)... and electric motors, to create ...(2)... with high specialization, shifting the production ...(3)... to electric-mechanical production and to the stage ...(4)... in production.
(1) electricity; (2) production lines; (3) mechanical; (4) automation
(1) water; (2) production enterprises; (3) mechanical; (4) automation
(1) electricity; (2) production lines; (3) handicraft; (4) automation
(1) water; (2) production lines; (3) automation; (4) mechanical
What is the price of goods?
The value of goods.
The monetary expression of the utility value of goods.
The monetary expression of the value of goods.
The relationship in quantity between goods and money.
The state monopoly in capitalism is formed to serve?
The interests of organizations outside the monopoly, maintaining the development of free competition in production.
Increasing the benefits of all subjects in the economy, maintaining equality in competition.
Serving the interests of private monopoly organizations and continuing to maintain and develop capitalism.
Reducing the benefits of private monopoly organizations, changing the capitalist production.
What is the new manifestation of capital accumulation and concentration?
The emergence of trust and consortium monopolies.
The emergence of multinational monopolies alongside the development of medium and small enterprises.
The emergence of organizations.
What are the forms of association of monopoly organizations?
Association between non-monopoly enterprises.
Vertical association and association between non-monopoly enterprises.
Association between monopoly enterprises and non-monopoly enterprises.
Horizontal and vertical association.
What is the positive impact of international economic integration on our country?
Creating opportunities to improve the quality of human resources; promoting integration of sectors; may increase the dependence of the national economy on external markets.
Expanding the market, acquiring science - technology, capital, restructuring the economy domestically; may lead to unfair distribution, risk increasing the gap between rich and poor and social inequality.
Expanding the market, acquiring science - technology, capital, restructuring the economy domestically; creating opportunities to improve the quality of human resources; promoting integration of other sectors.
Expanding the market, acquiring science - technology, capital, restructuring the economy domestically; increasing fierce competition causing many enterprises and economic sectors to face difficulties.
What is the significance of the economic thought of mercantilism?
Discovering and applying economic laws.
Discovering economic laws.
Applying economic laws.
Not discovering economic laws.
What is a manifestation of supermarket markets?
Where buyers and sellers directly negotiate the prices of goods.
Where buyers can choose and compare prices of goods.
Which expression reflects the supermarket market?
A place where buyers and sellers negotiate prices directly.
A place where buyers can choose and compare prices of goods.
A place where sellers decide prices, and buyers can only choose.
A place where buyers can decide the prices of goods.
The form of capital export to build new enterprises or acquire existing enterprises in the recipient country is
Indirect investment.
Lending for profit.
Direct investment.
Non-repayable aid.
What is a characteristic of the second industrial revolution?
Using information technology and computers to automate production.
Using electric energy and electric motors to create mass production lines.
Using artificial intelligence, linking the real and virtual worlds to perform intelligent work.
Using water and steam energy to mechanize production.
The value of labor power depends on which factor?
Labor productivity, especially in the production of means of production.
Customs, habits, and living standards of the region or country using labor power.
Social labor productivity, especially in the production of means of subsistence.
Labor productivity of the industry or enterprise in which the laborer participates.
The basic, long-term factor to increase products for society is
Increasing labor intensity.
Extending working hours.
Increasing the number of workers.
Increasing labor productivity.
Based on what criteria to classify capital into fixed capital and circulating capital?
The method of circulating the value of production capital into the value of products.
The speed of capital circulation.
Determining the source of surplus value.
The method of depreciating fixed capital in the production process.
What is the value of production capital in the value of the product?
The speed of capital turnover
Determining the origin of surplus value
The method of depreciation of fixed capital in the production process
What is differential rent I?
Super profit from additional capital investment for intensive cultivation
Super profit from production on land with favorable location
Super profit from production on good land
Super profit from production on good land with high fertility and favorable natural conditions
Marx summarized the law of the first industrial revolution through three stages of development, which are?
Simple cooperation, large industry, and handicraft workshop.
Simple cooperation, handicraft workshop, and large industry.
Large industry, simple cooperation, and handicraft workshop.
Handicraft workshop, simple cooperation, and large industry.
The dual nature of labor in commodity production is?
Simple labor and complex labor.
Private labor and social labor.
Concrete labor and abstract labor.
Past labor and living labor.
The economic components based on the public ownership regime are?
Private economy and collective economy.
Private economy and foreign-invested economy.
State economy and private economy.
State economy and collective economy.
The market mechanism is a type of operating mechanism that?
Increases the efficiency of the economy.
Is objective.
Is influenced by the state's legal policies.
Is subjective.
The criteria for dividing the domestic market and the world market are based on?
Inputs and outputs of the production process.
Scope of relationships.
Objects of goods exchanged, bought, and sold.
Nature and operating mechanism of the market.
What is the basis for the world market?
Input and output of the production process.
Scope of relationships.
Objects of goods exchanged, bought, and sold.
Nature and mechanism of market operation.
Which of the following factors does not belong to non-fixed capital?
Wages, bonuses
Utilities, raw materials
Machinery, equipment, factories
Production infrastructure
What role does material benefit play in the activities of individuals, organizations, and society?
Independence
Supplement
Dependence
Decision
What are the defects of the market economy?
Potential risk of crisis; establishing social equity; tendency to deplete non-renewable resources
Potential risk of crisis; deep social polarization; tendency to use non-renewable resources rationally
Potential risk of crisis; tendency to deplete non-renewable resources; deep social polarization
Potential risk of crisis; deep social polarization; tendency to allocate non-renewable resources rationally
Which of the following statements is incorrect regarding the improvement of institutions for the development of economic components and types of enterprises?
All enterprises of economic components operate under market mechanisms
All enterprises of economic components are equal and compete fairly under the law
Consistently implementing a legal business regime for enterprises, regardless of ownership form and economic component
Consistently implementing a legal business regime for enterprises, with differentiation of ownership form and economic component
Mercantilism emerged during which period?
Free competition capitalism.
Monopoly capitalism.
Capital accumulation.
Primitive capital accumulation.
When did mercantilism emerge?
Free competition capitalism.
Monopoly capitalism.
Capital accumulation.
Primitive capital accumulation of mercantilism.
The emergence of financial capital is the result of the development of what?
Industrial monopoly.
The process of linking banking monopoly with monopoly.
The development of the financial market.
Banking monopoly.
How many functions does money have?
6
4
3
5
What is the purpose of the emergence of state monopoly capitalism?
To serve the interests of private monopoly organizations.
To serve the interests of private monopoly organizations and rescue capitalism.
To serve the interests of capitalism.
To serve the interests of the bourgeois state.
What is the purpose of producers in a natural economy?
Increase labor productivity.
Increase labor intensity.
Exchange, trade.
Self-consumption.
Competition among industries leads to the formation of what?
Super profits.
Average profits.
Market prices.
Social value of goods.
What is the main role of the market?
To realize the value of goods and connect the economy into a whole.
To realize the value of goods, stimulate creativity, and connect the economy into a whole.
To stimulate creativity and create effective resource allocation methods in the economy, connecting the economy into a whole.
To realize the value of goods, stimulate creativity, and create effective resource allocation methods in the economy.
