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
5651. The Industrial Revolution______________?
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A. none of the above

B. began in England in the 1800s

C. caused few sociocultural changes

D. is already finished

5652. In countries such as Iran and Iraq the Moslem religion is a(n)_______________?
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A. sect

B. denomination

C. ecclesia or universal church

D. cult

5653. The purpose of separating management from ownership is to________________?
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A. shield the board of directors from any and all responsibility

B. secure the highest possible salaries for managers

C. shield absentee owners from any and all responsibility

D. ensure that the long-term interests of the corporation outweigh short-term gains
5654. The low birthrate in the United States is related to_______________?
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A. increase of women in work force

B. increased drug use

C. able nutrition

D. none of the above

5655. Kinsey maintained that______________?
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A. people should have sex-change operations if they felt they were the wrong sex

B. sexuality exists on a continuum

C. bisexuals lack specific hormones

D. one is either a heterosexual or a homosexual

5656. According to the cognitive development theory children learn gender roles according to____________?
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A. instinct

B. attempt to elicit parental approval

C. which stage of cognitive development they have reached

D. biology

5657. The anthropologist George Murdock believes that the family _____________________?
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A. was the last institution to develop

B. has functions fundamental to human life

C. is found only in some human societies

D. is harmful and leads to schizophrenia

5658. It is true of divorce rates that_______________?
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A. they have stabilized at 3.6 per 1000 marriages

B. all of the above are true

C. they are highest in the Untied States

D. they increased dramatically with industrialization

5659. The ultimate effect of stratification systems is to________________?
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A. create inequality

B. fulfill the laws of nature

C. help people decide whom they should marry

D. provide a work force for society

5660. Industrialization was accompanied by_______________?
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A. creation of a middle class

B. continued accumulation and reinvestment of capital

C. All of the above

D. dehumanization and commodification of labor

5661. To use up the final products of production is to_______________?
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A. appropriate

B. allocate

C. distribute

D. consume
5662. In the U.S the military is________________?
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A. subordinate to the government

B. the basis of legitimate government

C. a provision of government

D. synonymous with government

5663. Which statement is FALSE ?
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A. People rank themselves according to wealth prestige and power

B. In simple societies social differences among individuals are nonexistent

C. Slavery serfdom and caste are all instances of inequalities that are social in nature

D. Stratification occurs in every society that has produced a surplus

5664. The push for teaching people to read in the English-speaking world was based on a desire to read_______________?
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A. shop manuals

B. maps

C. the Bible

D. history

5665. The most common form of religious behavior is__________________?
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A. tithing

B. prayer

C. mana

D. taboo

5666. Even in a democracy the state can________________?
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A. deprive people of their lives

B. size property

C. all of the above

D. imprison persons
5667. Property is defined in terms of rights of_________________?
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A. consumption

B. production

C. distribution

D. Ownership
5668. Corporations wield power through_____________?
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A. All of the above

B. PACs

C. interlocking directorates

D. investment portfolios

5669. Discrimination against the elderly has been especially apparent in the area of____________?
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A. creditworthiness

B. employment

C. hospitalization

D. retirement

5670. The expectations people have regarding how husbands and wives ought to behave are called marital______________?
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A. illusions

B. orders

C. norms

D. scripts
5671. An accountant is part of which sector ?
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A. Quaternary

B. secondary

C. primary

D. Tertiary
5672. The elderly are a minority because them________________?
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A. are a small percentage of the population?

B. cannot defend themselves

C. are physically weak

D. lack power
5673. Ideologies_______________?
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A. do not underlie all political movements

B. underlie only revolutionary movements

C. underlie all social movements

D. underlie only political movements

5674. The knowledge of how the blood circulates in the body is a(n)______________?
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A. diffusion

B. innovation

C. discovery

D. invention

5675. The difference between government and state is that________________?
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A. government is a process that includes the people who exercise political power

B. the state is an abstract symbol of the political institution

C. government is symbol state is the process

D. government is a process and the state is an abstract symbol
5676. Meads work in New Guinea indicated that__________________?
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A. men are men and women are women everywhere

B. biology totally controls social role behavior

C. all tribes in her study stressed male aggression and hostility

D. sex role behavior is conditioned differently in different cultures
5677. Reproduction outside the family__________________?
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A. has not been positively sanctioned in any society

B. is considered a sin by all religions of the world

C. cannot occur

D. reflects the norms and values of Pakistan society

5678. In a few cultures a women can have several husbands at one time This custom is called_________________?
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A. monogamy

B. polygyny

C. bigamy

D. polyandry
5679. Lean production________________?
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A. combines the best features of craft and mass production

B. has as its goal perfection

C. All of the above

D. pushes responsibility down the organizational ladder

5680. The difference between an average workers salary and that of the average CEO has_______________?
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A. gradually narrowed

B. greatly increased

C. slightly increased

D. remained stable

5681. The Ku Klux Klan is an example of a(n)_________________?
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A. neo-Nazi movement

B. change-resistant movement

C. fascist movement

D. progressive movement

5682. Religion performs all but one of the following functions_______________?
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A. helps people deal with guilt for their transgressions offering a way back to a constructive life

B. provides answers to basic s for which there is no other authority

C. supports societal norms and values by transforming them into divine laws

D. provides a single set of norms that are universally accepted and agreed upon
5683. The cottage or putting-out system refers to_________________?
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A. the housing given factory workers

B. a type of architecture popular in Britain

C. The fact that in early industrialization work was done in the home

D. The way young people were put out to go work in factories

5684. ocial change must be analyzed in terms of________________?
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A. stability and efficiency

B. if it is good for the people

C. statics and dynamics

D. backward and forward progress

5685. Group marriage ________________?
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A. has been a consistent feature in Western societies

B. is widespread in several societies

C. has never been consistently or extensively practiced

D. is practiced among Australian aborigines

5686. The identical twin who lost his penis in a tragic accident______________?
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A. preferred dolls to guns

B. acted as a female would

C. none of the above

D. accepted his female identity

5687. A strong predictive factor of becoming an abusive parent is________________?
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A. to have felt the injustice of abuse

B. none of the above

C. to have felt unloved and unwanted by one,s own parents

D. to have come to believe that abuse is the way things are

5688. A temporary collection of people gathered in the same place at the same time becomes a crowd when they______________?
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A. respond to a common stimulus

B. are personally acquainted with each other

C. interact on a face-to-face basis

D. have the same thing in mind as to how to behave

5689. Which is NOT form of plural marriage ?
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A. Polygamy

B. Polyandry

C. Polygyny

D. Monogamy
5690. Societies with landed gentry and inherited titles resemble_________________?
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A. status systems

B. class systems

C. caste systems

D. estate systems
5691. Political control_____________?
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A. is social control exerted by forces outside the individual

B. is acquired through socialization

C. is internalized cultural learning

D. takes the place of moral control in simple societies

5692. Latino neighborhoods have prospered because________________?
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A. Latinos have a strong sense of community

B. they are well organized politically

C. they have a common culture

D. they try to use English instead of their native Spanish

5693. Change may be experienced at which level ?
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A. High and low

B. Alpha beta and delta

C. Public and public opinion

D. Micro middle and macro
5694. A number of celebrities in the entertainment world have been married five or six times They may be said to have had ?
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A. respect for polygamy

B. a faulty distribution of power in their marriages

C. the standard number of marriages in our society

D. a negative experience of married life

5695. Durkheim viewed religion as a form of social_________________?
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A. ingratiation

B. integration

C. innovation

D. recreation

5696. The blended or reconstituted family________________?
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A. is considered the wave of the future

B. has its own set of problems

C. only a and b

D. is the best solution to a failing institution

5697. Persons set apart for differential treatment include________________?
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A. those affected by physical and mental disabilities

B. the rich and famous

C. homosexuals

D. BOTH the disabled and those with same-sex preferences
5698. The average CEOs salary in 2005 was______________?
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A. 250 times that of the average workers

B. 100 times that of the average workers

C. 50 times that of the average workers

D. 262 times that of the average workers
5699. The Treaty of Westphalia established ?
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A. the principle that state religions were forbidden

B. secure borders between Germany and France

C. King Henry the VII as the Holy Roman Emperor

D. that the power of the state superseded the power of the Catholic church
5700. Durkheim believed that religion__________________?
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A. was a radical force in society

B. had nothing to do with social life

C. exploited the masses

D. was a reflection of human society