Question

In: Economics

QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of...

QUESTION 1

Some examples of policy tools aimed at reducing inequality include all but which of the following:

       
Encouraging entrepreneurs

       
Imposing anti-competitive measures

       
Imposing administrative barriers to trade

       
Maintaining fairness in market mechanisms

0.25 points   

QUESTION 2

Corruption is a serious issue in all but which one of the following countries?

       
Philippines

       
Indonesia

       
China

       
Australia

0.25 points   

QUESTION 3

Supporters of capitalism would say that inequality is not a problem for all but which one of the following reasons?

       
Some people work harder than others and deserve to make more money

       
Some people are more talented than others

       
The poor can be given state aid to help them out

       
The poor simply do not try hard enough to better themselves

0.25 points   

QUESTION 4

The indebtedness includes contributes to the following risk category:

       
Economic risk

       
Societies and well-being

       
Political instabilities

       
Ecology and sustainability

0.25 points   

QUESTION 5

In addition to being an ethical decision, investors might avoid fossil-fuel industries because:

       
Oil extraction is slowing down globally eroding their viability

       
These businesses will have to adapt to a carbon-constrained future

       
There is decreasing risk in the energy sector

       
In the short-term returns will be better in renewables

0.25 points   

QUESTION 6

Sweden is a welfare state. This means that:

       
All of its citizens receive welfare payments

       
The state is responsible for the public’s healthcare and financial security

       
Businesses are directly responsible for the public’s healthcare and financial security

       
Individuals are responsible for their own healthcare and financial security

0.25 points   

QUESTION 7

In Bangladesh, the much of the recent economic growth can be attributed to:

       
Climate change

       
The garment industry

       
The Rana Plaza disaster

       
The influx of climate refugees

0.25 points   

QUESTION 8

The downsides of globalization include all but which of the following:

       
Increasing pressure on the environment

       
Stagnant wages

       
Reduction of poverty

       
Rise in ethnic tensions

0.25 points   

QUESTION 9

Human needs can be grouped under which broad heading:

       
Social Responsibility

       
Sustainability

       
Ethics

       
Governance

0.25 points   

QUESTION 10

Climate change can be grouped under which broad heading:

       
Social Responsibility

       
Sustainability

       
Ethics

       
Governance

0.25 points   

QUESTION 11

Two examples of countries where political leaders are closely linked to business include:

       
Norway and Denmark

       
Italy and Ireland

       
Philippines and Indonesia

       
Uruguay and Ecuador

0.25 points   

QUESTION 12

Lexmark, who manufactures its printers in the US and Mexico, has benefited from:

       
Mercosur

       
The TPP

       
NAFTA

       
ASEAN

0.25 points   

QUESTION 13

The primary reason to reduce income inequality is:

       
Inclusive growth is an important source of social stability

       
Inclusive growth leads to higher government spending

       
Inclusive growth has a negative impact on GDP growth

       
Inclusive growth leads to higher unemployment rates

0.25 points   

QUESTION 14

All but which one of these companies has used lawsuits to thwart laws that would protect public health?

       
Uber

       
Coca-Cola

       
Ethyl Corporation

       
Philip Morris International

0.25 points   

QUESTION 15

The UN Sustainable Development Goals include:

       
Reducing equality in within and between countries

       
Ensuring unaffordable clean energy for all

       
Promoting unsustainable land use

       
Ensuring good health and well-being

0.25 points   

QUESTION 16

The largest immigrant group to arrive in Europe in 2015 was:

       
Afghans

       
Eritreans

       
Mexicans

       
Syrians

0.25 points   

QUESTION 17

The country responsible for the greatest numbers of people lifted out of poverty by globalization is:

       
China

       
Indonesia

       
Mexico

       
Brazil

0.25 points   

QUESTION 18

Which of the following statements is not true about philanthropy:

       
It is only a small part of CSR

       
It involves wealthy business owners “giving back” to society

       
It is really all a company needs to do to meet its CSR goals

       
It involves charitable foundations directed by wealthy donors

0.25 points   

QUESTION 19

After the burning of fossil fuels, which of the following is the greatest contributor to climate change:

       
Nuclear power generation

       
Deforestation

       
Cattle production

       
Trash placed in landfills

0.25 points   

QUESTION 20

The UN Global Compact is:

       
a bi-lateral trade agreement

       
a multi-lateral trade agreement

       
a World Bank initiative

       
a voluntary organization

Solutions

Expert Solution

1. Some examples of policy tools aimed at reducing inequality include all but imposing administrative barriers to trade. Hence, option(C) is correct.

2. Corruption is a serious issue in all but Australia. Hece, option(D) is correct.

3. Supporters of capitalism would say that inequality is not a problem for all but the poor can be given state aid to help them out. Hence, option(C) is correct.

4. The indebtedness includes contributes to the economic risk. Hence, option(A)is correct.

5. In addition to being an ethical decision, investors might avoid fossil-fuel industries because these businesses will have to adapt to a carbon-constrained future. Hence, option(C) is correct.

6. Sweden is a welfare state. This means that the state is responsible for the public’s healthcare and financial security. Hence, option(B) is correct.

7. In Bangladesh, the much of the recent economic growth can be attributed to the garment industry. Hence, option(B) is correct.

8. The downsides of globalization include all but reduction of poverty. Hence, option(C) is correct.


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