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
6151. Social life is organized and structured through____________?
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A. group situations and the positions of individuals

B. patterns of actions

C. all of the above

D. rules and regulations

6152. Institution are_________________?
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A. unimportant

B. found among all animals

C. places like schools and banks

D. traditional habits centering around fundamental human needs
6153. The scientific method contains all but one of the following techniques ?
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A. systematic collection of data

B. selecting data to prove a point

C. scientific observation

D. making data public

6154. The allocation of tasks to particular individuals who specialize in performing them is referred to as_______________?
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A. status specialization

B. status fulfillment

C. division of labor

D. ascribed status

6155. Four primary social processes are________________?
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A. accommodation assimilation conflict and coercion

B. conflict exchange cooperation and competition

C. differentiation stratification conflict and coercion

D. exchange reciprocity competition and conflict

6156. The writers of the Constitution intended the president to have________________?
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A. strong personal power

B. power only in declaring war

C. no power at all

D. weak personal power
6157. The first step in the scientific method is____________?
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A. observation and recording of data

B. selection of area to be researched

C. obtaining a government grant

D. classification and organization of data

6158. During the Enlightenment of the 18th century_______________?
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A. scholars denied the possibility of a scientific study of humans

B. a number of scholars believed human social life could be studied scientifically

C. none of the above

D. scholars emphasized the supernatural

6159. Social organization________________?
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A. is sometimes used interchangeably with social structure

B. is microsocial macrosocial and interchangeable with social structure

C. may be analyzed at the microsocial and the macrosocial levels

D. is a fixed set of rules?

6160. Like Freud Erik Erikson maintains that_______________?
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A. there are five psycho sexual stages

B. the personality is fixed by age five

C. psychoanalysis including dream analysis is the only way to overcome personality problems

D. none of the above
6161. The primary agent of socialization is the______________?
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A. school

B. peer group

C. mass media

D. family
6162. The numbers of PACs ?
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A. quadrupled since 1974

B. doubled since 1974

C. increased nearly sevenfold since 1974

D. tripled since 1074

6163. Specialized division of labor in industrial societies can make workers feel that they_______________?
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A. have no sense of accomplishment

B. have lack of control

C. are an anonymous group

D. all of the above
6164. Anthropology is restricted to the study of_______________?
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A. primitive people only

B. modern peoples only

C. prehistoric people only

D. none of the above
6165. Regarding capitalist industrial societies Marx asserted that______________?
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A. they contained the seeds of their own destruction

B. property is unimportant in the modern state

C. religion and philosophy are the foundations of society

D. the means of production are controlled by the masses

6166. The opposite of a variable is a______________?
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A. constant

B. concept

C. value

D. law

6167. One British psychologist believes that the Western family causes most of the mental illness in individuals This theory implies that ___________??
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A. the primary group is always helpful to the individual

B. primary group relations can be harmful to the individual

C. none of the above are relevant

D. secondary relations are more important than primary ones

6168. In stratified societies categories of people are ranked by______________?
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A. power

B. prestige

C. all of these

D. wealth

6169. The mechanism of the market system provides for________________?
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A. the economy to function so that all participants derive some satisfaction

B. buyers and sellers not needing to know how the market works in order to act in it

C. all of the above

D. the content and flow of goods and services to take place without any fixed plan

6170. Which of the following is an example of a culture trait ?
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A. the family

B. marriage

C. wedding rings

D. BOTH rings and exchanging wedding vows
6171. Love of money peace and God are American ?
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A. mores

B. Norms

C. folkways

D. values
6172. Martin Luther king,s status was based on his_____________?
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A. wealth

B. color

C. property

D. social influence
6173. Hard money is_________________?
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A. none of the above

B. money actually tendered to campaigns

C. cash rather than checks or notes

D. money given during the campaign

6174. Anger is_______________?
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A. a definite sharply defined emotion

B. an innate human response to deprivation and frustration

C. subject to manipulation

D. all of the above
6175. Which economic orientations govern Western industrial societies ?
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A. Tradition

B. Command

C. Free Market

D. BOTH market and command
6176. In an open or class society_________________?
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A. status is always achieved

B. status is always ascribed

C. status is both achieved and ascribed

D. status has no importance

6177. A reference group is a(n) ?
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A. group of which one is member without having asked to be

B. formal or informal organization to which one belongs

C. hierarchical system in an organization

D. group to which an individual aspires to belong

6178. All systems of stratification display the following characteristics except_________________?
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A. differentiation

B. institutionalization

C. segmentation

D. ranking

6179. Interest groups may be defined as__________________?
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A. groups of people interested in specific legislation

B. groups of people who want to enter politics

C. coalitions of individuals with similar attitudes and interests who attempt to influence public policy

D. wealthy and civicminded people with excessive leisure time.

6180. Power is_________________?
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A. widely distributed and diffused in industrial societies

B. restricted to a small elite in traditional societies

C. all of the above

D. the most important feature of stratification

6181. Role conflicts tend to occur______________?
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A. because we must fulfill several demanding roles simultaneously

B. over scarce resources

C. all of the above

D. within aggregates

6182. Why is the private ownership of property deemed beneficial ?
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A. It is the American way

B. Greed makes the world go around

C. keeping up with the Joneses leads to success

D. None of the above
6183. Social structure refers to_________________?
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A. biological cell patterns

B. patterns of individual behavior

C. what the individual becomes in society

D. norms roles and group in a social system
6184. According to George H.Mead mind is________________?
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A. the source of experience

B. the acting subject as opposed to object

C. an emergent outcome of social acts

D. none of the above
6185. Which is NOT a presidential role ?
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A. Chief Justice

B. chief diplomat

C. party leader

D. commander in chief of Armed Forces

6186. Max Weber intended his ideal type of bureaucracy as an_______________?
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A. idealized or exaggerated model of rational administration

B. explanation of elite domination

C. accurate description of existing bureaucracies

D. obviously false portrait of democratic administration

6187. Utilitarian organizations include_____________?
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A. businesses and industries of all types

B. professional and religious organizations

C. the military prisons and mental hospitals

D. all of the above

6188. Government____________?
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A. all of the above

B. is a pivotal institution

C. is the acting arm of the state

D. includes the political process

6189. Personality may be seen as a circular system in that____________?
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A. all feelings revolve around the self

B. personality affects roles and vice-versa

C. all experience is based on preconceptions

D. every adult experience cycle back to childhood

6190. Deviance contributes to social change in that________________?
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A. some actions initially defined as deviant eventually become generally accepted

B. deviant acts invariably point to outdated rules

C. todays deviant is tomorrows leader

D. deviance is a fad

6191. Americans are likely to experience culture shock_______________?
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A. when they come in contact with an unfamiliar culture

B. when they inadvertently see a pornographic movie

C. every time a new administration comes into office

D. when they witness atrocities committed in wars

6192. Effective social movement leadership requires_______________?
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A. taking tactical advantage of trends and opportunities

B. all of the above

C. procedures for succession

D. marketing skills

6193. Experiments_______________?
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A. are conducted in both field and laboratory setting

B. involve the risk that people may modify their behavior

C. must involve control groups of some kind

D. all of the above
6194. The main problem facing societies with a surplus is_____________________?
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A. what to produce how produce it and for whom to produce it

B. there is no problem it is divided equally

C. how to keep it away from enemies

D. how to get rid of it

6195. Statuses are based on______________?
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A. gender

B. division of labor

C. age

D. all of the above
6196. Which of the following is a group ?
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A. lines of people at a supermarket checkout counter

B. spectators watching the construction of a building

C. commuters riding a train

D. softball players performing in a playoff tournament
6197. The transitional period between the dominance of one party or another is called_______________?
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A. dealignment

B. alignment

C. derailment

D. realignment
6198. Anthropologists have developed ?
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A. methods of explaining human behavior

B. a number of theories

C. laws governing ancient societies

D. none of the above

6199. People often accept social control based on________________?
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A. negative sanctions

B. positive sanctions

C. violence

D. harsh rules

6200. Countercultures are_______________?
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A. subcultures that refuse to assimilate

B. groups whose values differ from the mainstream

C. groups whose values are in explicit opposition to those of the wider societal culture

D. the most active subcultures