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
5751. What percent of total work hours must be used to fix errors that occur on the assembly line in mass-production plants ?
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A. 25%

B. 40%

C. 35%

D. 50%

5752. In the perspective of realism high politics refers to________________?
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A. social and economic issues

B. cultural interaction

C. diplomatic relations

D. issues of war and security
5753. Marxists are most interested in_______________?
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A. coups d,etat

B. class revolutionary movements

C. nationalistic revolutionary movements

D. guerrilla fighting

5754. The conflict theory of inequality is based on the work of______________?
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A. Talcott Parsons

B. Karl Marx

C. Charles Darwin

D. Kingsley Davis

5755. In industrial societies the social class most likely to participate in social movements is the__________?
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A. lower class

B. middle class

C. all social classes equally

D. upper class

5756. The pivotal institution of government_________________?
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A. exists only theoretically or in a rudimentary form on the international level

B. is represented by the U.N on a global level

C. exists in every nation

D. is lacking in Third-World nations

5757. All religions once established consist of_________________?
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A. church clergy and believers

B. beliefs rituals and organization

C. dogma ecclesia and faith

D. doctrine sacraments and priests

5758. An example of resource versatility is_________________?
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A. land used for both mining and recreation

B. Swimming fishing and boating in the same lake

C. stringing beads in the morning fishing in the afternoon, and teaching bead stringing at night

D. All of the above

5759. Taxes may be considered_____________?
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A. additions to the circular flow

B. as not affecting the economic flow

C. withdrawals from the economic flow

D. injections into the economic flow

5760. Social scientists explain the incest taboo as_______________?
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A. all of the above

B. a religious universal

C. biologically programmed

D. way of reducing family conflict
5761. The view that nationalism would wither away was held by_________________?
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A. Marxists

B. all of the above

C. classical liberals

D. stoic philosophers like Marcus Aurelius

5762. Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________?
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A. traditional

B. legal-rational

C. charismatic

D. irrational

5763. Environmental depletion is the term used to mean that________________?
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A. natural resources can be substituted with artificial ones

B. humans are capable to adapt to other resources when the old ones disappear

C. natural resources are increasing in proportion to an increased demand for them

D. natural resources are decreasing as demand for them increase
5764. An ascribed status that a person cannot change is________________?
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A. religion

B. last name

C. race

D. political party

5765. When citizens or government agencies attempt to peacefully correct laws or institutions they are engaged in_____________?
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A. revolution

B. diffusion

C. innovation

D. reform
5766. The view that the state has emerged to protect the rights of a privileged few has been expressed by philosophers of which school of thought ?
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A. Functionalism

B. Conflict

C. Ideologist

D. Hegelianism

5767. Minority groups______________?
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A. tend to show solidarity to each other

B. constitute a subculture within the larger culture

C. exhibit clannish behavior

D. practice cultural relativity

5768. Future shockis____________?
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A. the name of a famous movie dealing with a society of the future

B. a phrase used by Alvin Toffler to describe the rapidity of change

C. a phrase used to describe an alien culture

D. what the elderly experience in every society when a new generation comes into power

5769. The first European people to form a nation were is________________?
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A. Slavs

B. English

C. Scots

D. Picts

5770. The basic assertion of ageism is that________________?
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A. the old are superior to the young

B. the young are superior to the old

C. there is a smooth transfer of roles between the old and the young

D. work is best left to those who can do it

5771. The smallest percentage of the poor consists of_______________?
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A. minorities

B. children

C. women

D. the elderly
5772. Endogamy and exogamy are_______________?
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A. social limitations placed on marriages

B. two social science disciplines

C. ways of studying institutions

D. practiced only by select groups in society

5773. In the case of the male twin castrated during circumcision________________?
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A. he was content living as a female

B. his case proves that nurture is stronger than nature

C. he behaved as a little girl once he was given female hormones

D. in spite of attempted socialization as a female he was unhappy in his gender
5774. Children of divorce have________________?
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A. the most difficulty at ages nine and ten

B. fewer problems of adjustment than children from intact families

C. a preference for parental conflict rather than their divorce

D. no problems

5775. Middle-and upper-class parents foster the viewpoint that________________?
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A. students should find peers with similar goals

B. occupational success is desirable

C. success does not matter as much as happiness

D. their children should have a classical education

5776. Critics of our school system sate that _________________?
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A. education is used to foster the acceptance of our political system without

B. education makes no attempt to exercise social control

C. education places too little emphasis on hard work and obedience

D. none of the above

5777. Social scientists________________?
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A. provide criteria for choosing a valid religion

B. neither accept nor reject claims of divine revelation

C. all of the above

D. have no interest in the content of religious doctrines

5778. Foreign aid is an instrument of________________?
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A. foreign policy

B. the democratic value system

C. propaganda

D. manipulation

5779. The United Stats in an exception in that_________________?
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A. none of the above

B. wealth correlates with religion

C. wealth does not correlate with religion

D. in most wealth nations religion is very important

5780. The crowd at a religious revival meeting is_______________?
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A. disorganized

B. acting

C. casual

D. expressive
5781. Which of the following processes includes isolation of the minority population ?
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A. segregation

B. acculturation

C. accommodation

D. assimilation

5782. Dominant groups tend to use all but which of the following methods in dealing with minorities ?
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A. population transfers

B. cultural relativity

C. economic exploitation

D. forced assimilation

5783. The blended family______________?
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A. is another name for a childless family

B. is made up of natural parents stepparents natural children and stepchildren

C. is quite stable for children

D. consists of natural parents and children

5784. The legitimate possession of power is a definition of______________?
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A. the police

B. authority

C. force

D. the state

5785. Many listeners to a 1938 science fiction radio program believed that Martians were really invading the Earth They fled into the streets in panic We would call their behavior______________?
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A. fashion

B. fantasy

C. none of the above

D. rational legal behavior

5786. A deliberate attempt to persuade the individual to accept a particular belief or to make a specific choice uncritically is______________?
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A. brainwashing

B. propaganda

C. education

D. instruction

5787. The opposite of a nuclear family is the______________?
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A. extended family

B. conjugal family

C. group family

D. atomic family

5788. The end of the Cold war_________________?
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A. created new possibilities for the world balance of power

B. has shifted American policy toward cooperative internationalism

C. raised new concerns about nuclear proliferation

D. All of the above
5789. Functionalist theorists view stratification system as_______________?
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A. preventing conflicts among individuals

B. all of the above

C. resulting from a need for order

D. providing a stabilizing influence on society

5790. In the 1960s some young people_______________?
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A. preferred to live in communes

B. decided to return to the traditional forms of family

C. saw the family as an oppressive institution

D. chose to cohabit rather than marry

5791. individuals who hold lesser positions and make less money than their parents are displaying_____________?
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A. intragenerational mobility

B. intergenerational mobility

C. status inconsistency

D. horizontal mobility

5792. The most fundamental factor(s)in stratification is (are)______________?
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A. education and income

B. an ambitious mother and later marriage

C. the ability to make someone do what you want

D. access to economic resources

5793. What kind of individual is valued in industrial and postindustrial societies ?
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A. the manual worker

B. the technically sophisticated and well-educated individual

C. the nonproductive elderly

D. the nonproductive member of an underclass

5794. Malthus suggested the following as means of birth control________________?
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A. abstinence

B. celibacy

C. all of the above

D. late marriage

5795. Crowds and masses differ in that___________________?
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A. masses of people must always be in the same physical setting

B. people in a crowd are in close proximity to one another

C. masses are not personally connected to one another

D. collective behavior cannot take place in masses

5796. Social movements tend to______________?
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A. redirect change

B. resist change

C. encourage change

D. all of the above
5797. Pluralist societies depend upon one of the following for their existence_______________?
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A. colonization

B. conquest

C. coexistence

D. immigration

5798. According to Gordon Allport,s theory of contact_______________?
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A. equal status between groups increases prejudice

B. equal status between groups leads to reduced competition

C. unequal status between groups reduces prejudice

D. Southern blacks and whites of the same social class have been driven further apart in recent years

5799. Power may be asserted by_________________?
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A. coercion reciprocation or reward

B. reciprocating

C. coercion

D. promising a reward in return for compliance

5800. The global social system differs from a societal social system in that________________?
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A. nations contain a variety of ethnic and racial groups

B. no global government exists

C. nations do not have common goals

D. all of the above