In: Economics
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
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.