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
6201. To say that American music is the best in the world is an example of__________________?
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A. cultural relativity

B. the truth

C. a value

D. ethnocentrism
6202. An intensive study of an individual or a small group is made by using the following research method ?
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A. case study

B. cross sectional sample

C. experiment

D. longitudinal sample

6203. The discipline that studies such disparate subjects as the environment religion politics criminality organization and so on is______________?
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A. sociology

B. political science

C. history

D. psychology

6204. Each society must make the following decisions of an economic nature regarding the______________?
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A. assessment collection and counting of taxes

B. production distribution and consumption of goods and services

C. measurement of land water and minerals

D. time place and quantity of production

6205. Human infants in order to become successful adults need______________?
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A. social interaction

B. all of the above

C. body contact

D. learning

6206. Which of the following groups determine market transactions ?
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A. none of the above

B. The executive legislative and judicial departments

C. Producers distributors consumers

D. Households firms and central authorities
6207. Which of the following groups has traditionally had the worst voting record in the United States ?
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A. Urban and suburban residents

B. College educated professionals

C. White collar workers

D. The young and underprivileged
6208. The federal government has increased its responsibilities at the local level because_____________?
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A. urban influence on the states

B. the states inefficiency

C. the tenth amendment

D. excess state revenues

6209. In the United States an example of a taboo is_______________?
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A. marrying sister

B. climbing Mt Rushmore

C. making money

D. gambling

6210. The mass media especially TV have been_______________?
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A. definitely proven to improve school learning

B. providing realistic view of the world

C. none of the above

D. definitely proven to increase the crime rate

6211. According to Marx which group constituted a ruling elite ?
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A. The proletariat

B. The bourgeoisie

C. The military

D. The workers for the owners of the means of production

6212. Experiments are_______________?
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A. not used in the study of humans

B. the most common method of social investigation

C. based on controlling a variable and observing the results

D. valid only if performed on white mice

6213. Humans depend on others for full development and generally live in groups They are________________?
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A. social

B. intelligent

C. cultural

D. symbolic

6214. The theory speculating that every society develops a number of cultural goals for members to attain but that attainment is not possible for all is called the_____________?
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A. focal concerns theory

B. deviant personality theory

C. differential association theory

D. anomie theory
6215. In most societies ownership of property takes one of three forms________________?
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A. restricted guarded and private

B. esthetic visible tangible

C. ambiguous hermetic contraceptive

D. communal private public
6216. Index crimes include all but one of the following_______________?
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A. manslaughter

B. moving traffic violation

C. robbery

D. aggravated assault

6217. Maturation is a term used by developmental psychologists to refer to______________?
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A. the development of natural resources

B. the aging process or senescence

C. the development of personality

D. physical(biological)development
6218. The most important differences among humans are based on ______________ ?
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A. species separation

B. biology

C. culture

D. physical aspect

6219. The political organization that may have too much influence on elected officials because of its generous contribution is the________________?
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A. Political Action Committee

B. Democratic Club

C. Republican Club

D. Rules Committee

6220. According to Freud the crucial institution for the development of personality is______________?
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A. education

B. religion

C. the family

D. the economy

6221. The fundamental assumption of democratic socialism is that_______________?
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A. participation in political decision making should be extended to economic decision making

B. the Socialist party must be in command of the economy

C. it is not necessary for everyone in a society to work

D. participation in political decision making should be extended to religious leaders

6222. Determining that a particular act is deviant may depend on______________?
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A. the social status of the person committing the act

B. the social status of those judging the act

C. the place time and circumstances

D. all of the above
6223. The ability of one individual or group to control the actions of another individual or group without the latters consent is a definition of____________?
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A. violence

B. power

C. force

D. coercion

6224. In contemporary market systems competition____________________?
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A. is quite strong

B. is diluted by private and state monopolies

C. has been replaced by planning

D. does not exist

6225. Which is an example of a subculture ?
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A. teenage customs

B. Kiwi culture

C. French culture

D. American culture

6226. Recent research supports the notion that mother-infant bonding_______________?
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A. has a cultural basis

B. none of the above

C. depends on how wanted the infant is

D. has a biological basis
6227. ideologies may be described as_______________?
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A. simplified world views

B. complex explanations of the world

C. rejecting action

D. none of the above

6228. The human social process most important for social interaction is_______________?
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A. cooperation

B. none of the above

C. conflict

D. competition

6229. Efficiency in economic terminology means________________?
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A. using existing technology

B. making do with as few workers as possible

C. ignoring the time factor

D. obtaining the highest output in the least amount of time
6230. Children have taken on the role of the generalized other when______________?
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A. they are consciously socialized

B. they have learned to speak

C. they start school

D. most of the important norms have been internalized

6231. A trained observer_________________?
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A. knows what to expect

B. knows which data are relevant to the research problem

C. is most a home in experimental settings?

D. records everything that he or she sees

6232. Political science stresses the study of_______________?
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A. government

B. power

C. state

D. all of the above
6233. Another way of saying that position in a group are value-rated by group members is_______________?
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A. roles are scripted

B. authority is hierarchical

C. statuses are ranked

D. statuses are ascribed

6234. Symbolic interaction ?
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A. none of the above

B. excludes written language

C. includes gestures speech and music

D. is entirely nonverbal

6235. An example of a temporary subculture would be_______________?
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A. the MTV generation

B. vegetarians

C. players of chess

D. monks in a convent

6236. Language gestures and music are________________?
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A. human values

B. cultural traits

C. normative systems

D. symbol systems
6237. The attitude of some Americans toward the minorities in their midst shows_______________?
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A. cultural superiority

B. cultural relativity

C. the importance of culture

D. culture shock

6238. People who are important in shaping your self-concept and whose approval you wish to have are_____________?
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A. the l and the me

B. generalized others

C. significant others

D. the ego and the superego

6239. The political process_______________?
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A. allows those representing minority views to try to become the majority

B. allows those in positions of power to ignore the peoples wishes

C. favors those representing majority views

D. none of the above

6240. Telling a child You should always say thank you when someone gives you something is an example of____________?
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A. conscience socialization

B. unconscious socialization

C. conscious socialization

D. subconscious socialization

6241. Norms are essentially ?
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A. rules for behavior

B. what is most feared

C. systems of rewards and punishment

D. what is right

6242. The microelements of societies are made up of_____________?
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A. diseases that harm societies

B. none of the above

C. processes of social interaction

D. problems of cement roads

6243. The economic participant who decides how to use the factors of production and for what purpose in called a________________?
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A. market

B. household

C. product

D. firm
6244. The succession of stages in Jean Piaget,s model of cognitive development is_______________?
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A. early childhood plays concrete operational and formal operational

B. sensimotor pre-operational intuitive operational and concrete operational

C. infancy childhood adolescence and adulthood

D. sensorimotor intuitive operational concrete operational and formal operational
6245. Intuition authority tradition and common sense ?
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A. are just as exact as the scientific method

B. are all equally valid tools of inquiry

C. are still used as tools of inquiry

D. have been totally replaced the scientific method

6246. Enacting legislation__________________?
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A. sometimes pits the executive branch against the interests of the members of states and districts

B. is a slow and painful process

C. all of the above

D. involves negotiation and compromise

6247. Absence of body contact and stimulation in infants inhibits_______________?
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A. biological drives

B. aggressive behavior

C. instinctual development

D. development of higher learning functions
6248. In the United States a sense of national identity ?
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A. was first based on a common ethnicity and language

B. only B and C

C. was later reinforced by the notion of specialness

D. never developed

6249. Deviance is defined______________?
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A. in the same way everywhere

B. in some cultures, as nonexistent

C. in the context of time and place

D. as another world for crime

6250. Schizophrenia is_______________?
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A. another name for split personality

B. a psychosomatic disorder

C. a term meaning to hallucinate

D. applied to a number of disturbances for lack of any other label