economics Mcqs
1. the national economy2. profit maximizing under perfect competition and monopoly3. application of economics4. the aggregate demand aggregate supply model5. surplus6. money interest rates and output7. average and total cost8. stabilization adjustment reform and privatization9. risks and diversification efficient market hypothesis10. the phillips curve11. supply and demand12. capital formation investment choice information technology and technical progress13. aggregate supply unemployment and inflation14. elasticity15. comparative gdp16. roots of modern macroeconomics17. production factors18. poverty malnutrition and income inequality19. trade regulations and industrial policies20. monetary union21. exchange rate systems and currency crises22. economic development in historical perspective23. exchange rate determination24. monopoly competition25. the balance of payments26. inflation productivity27. macroeconomic issues and analysis28. employment migration and urbanization29. macroeconomic policy tools30. supply side policies31. exchange rate adjustments and the balance of32. miscellaneous33. taxation34. trade policies for the developing nations35. markets efficiency and the public interest36. the external debt and financial crises37. budget deficits and the trade balance38. alternative theories of the firm39. public goods40. the meaning and measurement of economic development41. characteristics and institutions of developing countries42. agriculture irrigation system of pakistan43. education health and human capital44. economic problems of developing countries45. theories of economic development46. basic of economics47. consumer theory vs real consumers48. applied microeconomics49. long term economic growth50. externality internality51. fiscal and monetary policy52. prices wages taxes53. balance of payments aid and foreign investment54. international factor movements and multinational corporations55. entrepreneurship organization and innovation56. the international economy and globalization57. population and development58. non tariff trade barriers59. foundations of modern trade theory60. global economic development61. market62. rural poverty and agricultural transformation63. regional trading arrangements64. foreign exchange65. introduction to economics66. world economy miscellaneous67. sources of comparative advantage68. natural resources and the environment toward sustainable development69. monopoly70. asymmetric information71. income inequality72. labour market73. tariffs74. development planning and policy making the state and the market75. oligopoly76. industrial development77. costs supply and perfect competition78. human capital79. monetary fiscal and incomes policy and inflation80. stocks
5601. Money is___________________?
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A. a method of barter

B. anything of intrinsic value

C. All of the above

D. a means of exchange

5602. The author of a famous treatise on the origin of the state characterized existence in the state of nature as________________?
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A. a pre-Christian utopia

B. similar to an earthly paradise

C. solitary poor nasty brutish and short

D. among noble savages

5603. The resources each spouse brings to a marriage include________________?
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A. all of the above

B. income

C. occupational prestige

D. the ability to earn income

5604. The theologian Ludwig Feuerbach portrayed God as_______________?
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A. all of the above

B. a sort of ideal

C. a figment of the human imagination

D. an inappropriate object of worship

5606. The most numerous forms of business ownership in the United States is the________________?
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A. partnership

B. sole proprietorship

C. subchapter S corporation

D. sole survivorship

5607. Which is FALSE of power ____________________?
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A. All power relationships are one sided

B. People have greater or lesser amounts of power according to their statuses in society

C. It is necessary for exerting social control in society

D. It plays a significant role in all kinds of social interactions

5608. The nuclear family is characteristic of industrial societies because______________?
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A. ascribed status is more important in industrial societies

B. most functions are better performed in secondary groups

C. geographic and social mobility are common in industrial societies

D. a large family means more hands to work

5609. Feminist theory bas borrowed much of the ideas of________________?
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A. the ideology that tries to rationalize women ,s low position in society

B. conflict and Marxist theories

C. The Feminine Mystique

D. psychology

5611. The instruments of foreign policy may be defined as_________________?
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A. ways of competing for the title of superpower

B. tools with which nations try to manipulate other nations

C. exchanges entered into in the spirit of trust

D. expressions of human solidarity around the world

5613. The most experimental of the social sciences is_________________?
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A. psychology

B. sociology

C. archaeology

D. economics

5614. Ecology is the discipline concerned with________________?
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A. human processes such as migration

B. the way living things relate and adjust to each other in a common habitat

C. how ideologies motivate human behavior

D. the growth or decline of population

5615. The term ecclesia means_______________?
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A. a universal religion

B. a state religion

C. a member of the clergy

D. a book of the Bible

5616. The United Nations__________________?
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A. is extremely effective in policing the world

B. Open supports communist and socialist regimes

C. None of the above

D. Is primarily an instrument of the U.S

5617. Economists chart the limits of resources and technology on output through_____________________?
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A. Venn diagrams

B. production-possibility schedules

C. welfare functions

D. product-moment correlations

5619. In education_______________?
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A. smart students easily overcome the disinterest of the family

B. the family is unimportant

C. the family is crucial to student success

D. the social class of the family is unimportant

5620. The importance of status is supported by_____________?
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A. statistics on cancer deaths

B. the fact that people revere academics

C. a recent study by an epidemiologist

D. none of the above

5622. Status inconsistency is defined as_________________?
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A. the condition of persons who are ranked higher in one variable of status than another

B. the mechanism high status persons use to protect themselves from competition

C. the least important dimension of stratification

D. the order of importance given to status variables

5623. Maintaining a groups distinctive customs and identity is called______________?
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A. cultural complex

B. cultural pluralism

C. cultural trait

D. cultural decline

5624. In modern society death has acquired to some extent a sense of_____________?
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A. meaninglessness

B. unnaturalness

C. appropriateness

D. ordinariness

5625. international relations include________________?
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A. declared but not undeclared wars

B. all of the above

C. public but not private diplomacy

D. legal but not illegal or black market trade
5626. The sate differs from all the other institutions in that_______________?
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A. all of the above

B. it is an abstract concept

C. its political control is complete

D. membership is compulsory for all residents of its territory except for aliens and visitors

5627. The idea that technology changes social organization and ideology is called______________?
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A. evangelical determinism

B. secular humanism

C. scientific determinism

D. technological revolution
5628. Redemptive movements include________________?
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A. the civil rights movement

B. fundamentalist Christianity

C. the antinuclear movement

D. the womens liberation movement

5629. Which of the following is NOT a characteristic of an upwardly mobile individual ?
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A. Marries later and limits family to no more than two children

B. Urban resident

C. Comes from a large family of several brothers and sisters

D. More educated than parents

5630. sociocultural change means that______________?
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A. social change is really separate from cultural change

B. the concept is a contradiction in terms

C. cultural change has nothing to do with social change

D. social and cultural change are interrelated
5631. Durkheim,s approach to religion involved the opposed concepts of_________________?
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A. children of light and children of darkness

B. sacred and profane

C. natural and supernatural

D. good and evil

5632. The technological revolution that led to the control of food production is called the_______________?
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A. Agricultural revolution

B. Paleolithic revolution

C. Industrial revolution

D. Cultural revolution

5633. The mechanisms of upward mobility of minorities did NOT include?
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A. development of a middle class

B. geographic concentration

C. internal economic development and specialization

D. a social caste system
5634. People who are suddenly thrust in a situation for which they know no precedent are vulnerable to_______________?
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A. collective behavior

B. social behavior

C. normative behavior

D. criminal behavior

5635. Social movements are forms of collective behavior that have____________________?
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A. no particular program of action

B. no specific ideology

C. an insignificant number of persons involved

D. a sense of solidarity
5636. Which statement is an example of stereotyping ?
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A. Judge each individual on his own merits

B. Talent is not the exclusive property of any ethnic group

C. All blacks are good basketball players

D. There are good and bad among all ethnic or racial groups

5637. Islam was established_________________?
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A. around the time of the apostle Paul

B. well after the founding of either Judaism or Christianity

C. about the time of Moses

D. 400 years before the birth of Jesus Christ

5639. The participants in a market include_____________?
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A. governments

B. firms

C. households

D. all of the above
5640. Structural functionalism is the intellectual descendent of________________?
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A. Social Darwinism

B. Marxism

C. Classical conservatism

D. Classical liberalism

5641. The differences in behavior between men and women______________?
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A. are due strictly to biology

B. are due strictly to culture

C. are due both to biology and culture

D. are the product of totalitarian governments?

5642. Which is NOT a theory of socialization into gender roles ?
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A. social learning theory

B. identification theory

C. string theory

D. cognitive development theory

5643. The term minority may be defined as______________?
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A. any group in society that is socially dominated by another group through discrimination because of race culture religion or sex

B. a small group of people living within a large nation

C. a group of people who possess the same access to prestige privilege and power but who differ in looks

D. any small group in society which is disliked and abused

5645. Which statement is false regarding prejudice ?
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A. it is almost never found in persons with an authoritarian personality type

B. It may reflect the norms of the community

C. It may be culture-conditioned or character -conditioned

D. Its source may be the personality of a specific person

5646. Religions__________________?
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A. link the human and divine orders

B. all of the above

C. reinforce societys nation of good and evil

D. provide a special feeling of belonging and power

5648. Human races reflect_______________?
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A. primarily differences in language

B. pure stock

C. differences in intelligence

D. mixtures of several populations
5649. Among the changes in the family institution which is false ?
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A. marriage rates have declined

B. there has been an increase in voluntary childlessness

C. the birthrate has greatly declined

D. families have gotten larger
5650. Prejudice persists because it________________?
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A. is learned in school

B. is based on rational though

C. causes guilt feelings and most people need a scapegoat

D. is emotionally satisfying