Miscellaneous Economic MCQs

Which economic concept explains the relationship between transportation infrastructure and economic development?

A) Transportation demand

B) Infrastructure investment

C) Accessibility and connectivity

D) Congestion pricing

What is the primary objective of road pricing policies?

A) Maximize revenue for the government

B) Reduce traffic congestion and environmental impact

C) Encourage car ownership and usage

D) Subsidize public transportation systems

Which transportation mode is characterized by low operating costs but high fixed costs?

A) Air transportation

B) Rail transportation

C) Road transportation

D) Water transportation

Which economic concept explains the relationship between transportation costs and trade patterns?

A) Intermodal transportation

B) Transportation economics

C) Economies of scale

D) Comparative advantage

Which policy tool is used to promote sustainable transportation options?

A) Fuel subsidies

B) Vehicle emission standards

C) Road expansion projects

D) Congestion pricing schemes

Which economic concept explains the relationship between education and economic productivity?

A) Human capital theory

B) Education elasticity

C) Labor market segmentation

D) School choice model

Which factor contributes to the concept of “brain drain” in developing countries?

A) Investment in research and development

B) Emigration of skilled workers to developed countries

C) Expansion of vocational training programs

D) Government subsidies for higher education

What is the primary objective of education policies aimed at improving human capital?

A) Reduce government spending on education

B) Increase literacy rates and skills development

C) Promote private school competition

D) Limit access to higher education

Which economic theory suggests that education can reduce income inequality and improve social mobility?

A) Supply-side economics

B) Demand-side economics

C) Human capital theory

D) Education efficiency hypothesis

What is the economic rationale behind government investments in early childhood education?

A) Reduce unemployment rates

B) Increase tax revenues in the long run

C) Achieve higher GDP growth rates

D) Provide equal opportunities for all children