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
5951. In recent years there was an awakening of ethnic identity among the following groups__________________?
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A. all of the above

B. Native Americans

C. Hispanics

D. African Americans

5952. The relationship between population and income is___________________?
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A. the birth rate rises because of an increase in education

B. working women have more children

C. an increase in income produces a decline in fertility

D. the rise in income and population results in a decrease of urbanization

5953. A problem with laissez-faire economic policy is that there is___________________?
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A. no flexibility

B. no profit motives

C. responsiveness to demand

D. no provision for public goods
5954. The difference between racial minorities and ethnic minorities is_______________?
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A. ethnic minorities do not suffer from discrimination but only from prejudice

B. in the size of each group

C. racial minorities have been here longer than ethnic minorities

D. racial minorities differ biologically ethnic minorities differ culturally from the dominant group
5955. Zero population growth_________________?
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A. means that no more children are born

B. is actively pursued by many of the underdeveloped nations

C. indicates that the fertility rate has dropped below the replacement level

D. must be achieved by all nations by the year 2005

5956. Second- and third-generation immigrants failed to melt in the melting pot because of_______________?
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A. language differences

B. residence stability

C. skin color

D. religion
5957. Which is NOT a form of collective behavior ?
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A. Panic

B. Dining out with a friend

C. Rumors

D. Fashions

5958. Members of the New Class occupy which of the following occupations_________________?
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A. MBAs staring their own firms

B. Out of work middle managers

C. journalists academics media commentators

D. Computer programmers

5959. Racism is based on the belief (s) that_________________?
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A. groups inherit certain traits that are inferior

B. minority groups should not have access to wealth and power

C. the dominant majority is the fittest from a Darwinian point of view

D. all of the above
5960. The failure of the League of Nation______________?
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A. occurred after President Wilson,s stroke

B. was due to Marxism-Leninism

C. illustrated that national interest is more important than collective security or moral opposition to aggression

D. was due to the Republican Senate,s opposition

5961. A countertrend observable since the 1950s is___________________?
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A. urban residents providing their own food supply by planting gardens

B. rural areas became very depopulated

C. a great increase in population in the cities

D. urban decentralization
5962. The hormone associated with male traits and aggression is_______________?
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A. Premarin

B. progesterone

C. estrogen

D. testosterone
5963. Scientists agree that________________?
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A. there are three races

B. there are fifty two races

C. there are no races

D. all of humankind is descended from the same common stock
5964. Adequate growth of the economy refers to the goals of__________________?
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A. maintaining current standards of living in spite of increasing population

B. approximately 4% growth rate per year

C. all of the above

D. increasing GNP per capita

5965. Change may be experienced on three levels__________________?
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A. planning reform revolution

B. personal impersonal social

C. micro middle and macro

D. invention discovery exploration

5966. Which of the following is an example of a sociological theory of deviant behavior ?
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A. Freud,s theory that anatomy is destiny

B. Cooley,s theory of original sin

C. None of the above

D. Mead,s theory of inherited criminality

5967. Land labor capital and entrepreneurship ?
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A. create a balance between humans and their environment

B. must be used separately to produce goods and service

C. have no function in the production of goods and service

D. must be combined in the production of goods and service
5968. Which statement is wrong regarding diplomacy? It_____________?
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A. has a long history predating the creation of the nation state?

B. is a recent addition to international relations?

C. and diplomats have been quite radically altered in recent years

D. has little to do with the failure to solve basic problems among nations

5969. The loss of entire categories of jobs without the creation of new occupations would be_______________?
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A. intragenerational mobility

B. structural mobility of a negative sort

C. horizontal mobility

D. status ambiguity

5970. The circular nature of the economic process occurs from_________________?
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A. household to firm to consumer and back again

B. firm to consumer

C. government to consumer

D. firm to firm

5971. It is fairly certain that male and female brains________________?
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A. are functionally identical

B. differ in size weight and capacity

C. distribute sensory functions differently

D. differ in left-right communication
5972. Approximately how many people inhabit the earth ?
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A. 12 billion

B. 6 billion

C. 50 billion

D. 1.2 billion

5973. Which is false ?
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A. more men than women live alone

B. only a small percentage of the 65- to 74- year olds live in nursing homes

C. older workers perform as well as younger workers

D. more elderly men than women are married

5974. The Industrial Revolution began with_________________?
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A. the founding of Sony in Japan

B. the overthrow of the British

C. the invention of a few basic machines

D. the proletariat in Russia

5975. According to the U.S Census Bureau a CMSA is defined as__________________?
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A. a relatively large dense permanent settlement of heterogeneous individuals

B. any locality with a population of one million people or more

C. an ecological system

D. any locality with a downtown and suburbs

5976. Most American cities have_________________?
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A. many high income taxpayers

B. a reduced tax base

C. large shopping malls

D. continual building of new industries

5977. The abolitionist movement sought the abolition of_______________?
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A. slavery

B. compulsory education

C. states rights

D. alcohol consumption

5978. Diplomacy today gives diplomats________________?
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A. great discretion in making policy decisions

B. limited roles as messengers

C. charge of summit conferences

D. starring roles as celebrities

5979. Gentrification is the trend of__________________?
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A. city residents returning to manor houses in country

B. middle class professionals renovating old city housing and using them as

C. city dwellers learning proper manners

D. continued movement to suburbs

5980. The argument that in some situations the government had to prime the pump was advanced by________________?
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A. Karl Marx

B. John Maynard Keynes

C. Milton Friedman

D. Adam Smith

5981. Which is characteristic of a strictly closed society ?
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A. Class

B. Estate

C. Strata

D. Caste
5982. Which groups are hardest hit by the death of a spouse ?
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A. The more elderly widowers

B. Women who derived their identity from being someones wife

C. Women living in large cities those with small incomes and those who are fairly young

D. all of the above
5983. It is true of the population of the United States that_________________?
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A. it is getting older

B. there are more women than men

C. rural and sunbelt areas attract only the young

D. it is BOTH older and more female
5984. Membership in specific racial ethnic and religious groupings is________________?
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A. a variable of the stratification system

B. a biological rather than a social product

C. the cross every individual must bear

D. characteristic only of industrial societies

5985. One of the side effects of advertising is that it________________?
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A. creates artificial demands

B. none of the above

C. helps the wealthy get richer

D. supplies the real needs of people

5986. Which society lacks social classes totally ?
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A. none of the above

B. The Soviet Union

C. China

D. The United States

5987. Life expectancy is____________________?
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A. lower for the middle class

B. lower for the upper-middle class

C. about the same across social classes

D. lower for the lower classes

5988. There is no conclusive evidence that differences in the behavior of the two genders are due to______________?
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A. all of the above

B. anatomical differences

C. hormonal differences

D. chromosomal differences

5989. Urbanism is associated with_____________________?
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A. increase in anomie and alienation

B. extended families

C. Gemeinschaft society

D. public transportation

5990. Ideologies___________________?
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A. always abhor fanaticism

B. never distort the truth

C. direct people to act in a certain way

D. refer to the study of ideas

5991. When farms are destroyed in favor of factories and suburbs it is an example of_____________?
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A. secularization

B. none of these

C. popularization

D. urbanization
5992. The strongest urge that all living creatures feel is to__________________?
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A. reproduce themselves

B. be important

C. avoid stress

D. feel respectable

5993. By what method were the first cars ever manufactured produced ?
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A. Assembly-line method

B. Craft method

C. Production-line method

D. Lean-production method

5994. Chemical pesticides________________?
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A. are harmless to humans

B. leach out of the ground quickly

C. continue to control pests for many years

D. can be toxic to other forms of life
5995. Social movements never_________________?
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A. gain control of governments

B. are voluntary associations

C. none of the above

D. develop into political parties

5996. The urban trends resulting from the industrial Revolution include_________________?
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A. a return to Biblical religions

B. strengthening primary ties

C. homogeneous population

D. reduced family size

5997. Unions face WHICH of the following problems ?
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A. Increasing white-collar membership

B. Loss of membership

C. Expansion of the manufacturing sector

D. Antitrust laws

5998. Admiration of power and intolerance of differences is linked to a_________________?
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A. authoritarian personality

B. unprejudiced personality

C. totalitarian personality

D. Democratic personality

5999. When a minority group accepts the culture of the dominant group it is called_______________?
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A. amalgamation

B. accommodation

C. assimilation

D. acculturation

6000. Primary deviance______________?
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A. is deviance of which we are all guilty at one time or another

B. occurs when deviants accept the label

C. is a more serious offense than secondary deviance

D. is the first deviant act ever discovered