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
6251. The myth complex functions to_________________?
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A. give legitimate authority to the government in power

B. secure that will of the people

C. fool the people some of the time

D. make people feel free

6252. Culture______________?
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A. is arguably possessed to some degree by nonhuman primates as well as humans

B. is based on symbols in animals and on signals among humans

C. all of the above

D. is a property of all higher animal groups?

6253. How are presidential programs funded ?
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A. By government investments

B. By withdrawals from the Treasury Department

C. By foreign nations

D. By Congress
6254. Federalism many be defined as a system of_____________________?
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A. central power

B. wholesale power

C. regional power

D. concurrent power
6255. Laissez-faire______________?
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A. is the French expression Adam Smith used to mean that government should keep its hands off the economy?

B. is the economic theory introduced to the U.S by Keynes?

C. is the rallying cry of the Women Liberation Movement?

D. was Karl Marxs exhortation to the workers of the world

6256. Individuals who become inmates of a total institution undergo the process of______________?
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A. anomie

B. socialization

C. desocialization

D. resocialization

6257. An example of a category would be_____________?
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A. sharpshooters at a pistol range

B. all the redheads currently imprisoned in the U.S

C. the N.A.A.C.P

D. the N.R.A

6258. Critiques of bureaucratic forms of business administration argue that_____________?
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A. vertical hierarchies of power are too sluggish

B. explicit standards of quality control must be imposed by management

C. employees are given too much discretion

D. small organization inevitably become bureaucracies

6259. Skepticism refers to________________?
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A. doubting

B. impartiality

C. repetition

D. precision

6260. The foremost advantage of a corporation is its_____________?
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A. ability to profit from the labor of its employees

B. ability to accumulate vast amounts of capital in a short time

C. capacity for protracted periods of employment

D. necessity to exhibit the latest technology

6261. A police office follows a speeding car and when the car finally stops she is horrified to discover her husband at the wheel in giving him a ticket she experiences______________?
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A. fear of a divorce

B. role conflict

C. a master status

D. no role involvement

6262. The social sciences have_____________?
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A. more control over data than physics

B. problems with studying people in laboratories

C. been accepted as equally valid as the physical sciences

D. complete objectivity

6263. The power elite are drawn from among the_______________?
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A. middle-class urban residents

B. union leaders

C. military and business leaders

D. intellectuals

6264. In regard to public and political opinion_________________?
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A. public opinion is limited to few issues

B. political opinion is all opinions expressed on political issues

C. political opinion deals with all matters

D. they are the same

6265. If the daughter of a factory worker wants to become the president of the company for which her father works we may assume that______________?
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A. she has a different reference group than her social class would indicate

B. her father has special connections to the boss

C. she has been reading too many yuppie biographies

D. the daughter likes to daydream

6266. Human beings are born into a social world that is_______________?
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A. totally beyond their control

B. not of their own making

C. newly created in each generation

D. the result of cultural development over previous generation
6267. In the American political system_____________?
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A. there is no ruling elite

B. real equality for everyone is a fact

C. everyone participates in the political process

D. members of Congress and their constituents generally do not know much about what the other thinks
6268. Cultural change is always________________?
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A. fast and dramatic

B. slow and imperceptible

C. nether of the above

D. both of the above
6269. Gestalt psychology looks at__________________?
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A. separate items of personality

B. physical appearance

C. behavior as whole

D. instincts

6270. Studying the interaction between government and the economy would occur on a______________?
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A. secondhand level

B. macrosocial level

C. microsocial level

D. macroscopic level

6271. A pluralist in the U.S would maintain that___________________?
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A. power is in the hands of a small homogeneous class of leaders

B. significant decisions are made by the upper classes

C. policy reflects the wishes of a few elites

D. power is spread through multiple centers
6272. An ideology is______________?
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A. always based on religion

B. a set of ideas values and attitudes

C. a testable theory

D. none of the above

6273. Statistics that allow researchers to generalize to a population from a sample are called______________?
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A. descriptive

B. correlational

C. longitudinal

D. inferential
6274. Culture is based on______________?
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A. genetic heredity

B. simple learning only

C. instinct

D. learning thorough symbols
6275. Achieved status would be especially important in_______________?
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A. ancient Egypt

B. 19th century India

C. none of the above

D. feudal Europe

6276. The Democrats lost the presidential elections in 1984 and 1988 because of______________?
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A. loss of direct contact with the electorate

B. huge political gaffes

C. split ticket voting

D. running the wrong candidates
6277. Which resources are scarce in every society ?
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A. Food shelter and protective coverings

B. Sufficient males to mate with all the females

C. Wheat and com

D. Fertile land

6278. Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?
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A. less economically developed nations like Russia

B. agricultural nations like Cuba

C. all of the above

D. Asian nations lacking well-developed industrial sectors like China

6279. Fascism_______________?
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A. refuses violence

B. distrusts reason

C. stresses a belief in human equality

D. appeals to intellectuals

6280. The creation of culture unlike playwriting ?
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A. is the work of generation?

B. never results in a final authorized script

C. is not always a deliberate act

D. all of the above
6281. Violation of a folkway is considered ?
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A. a legally punishable offense

B. a slight to one,s group but not a punishable offense

C. a violation striking to the very heart of society

D. an incident of no consequence whatsoever

6282. Industrial societies are based on____________?
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A. machines for production

B. smokestacks

C. kinship

D. primary ties

6283. Socialization involves the use of which process to turn a horde of barbarians into productive human beings ?
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A. prohibition

B. symbolic and physical interaction

C. trial and error

D. reinforcement

6284. The scientists skepticism extends to________________?
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A. the usefulness of scientific inquiry

B. his or her own findings

C. his or her own credentials

D. the value of scientific objectivity

6285. Democracy is based on_______________?
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A. the value of the individual

B. leadership of a charismatic leader

C. rule by the elite

D. ideal hopes for a future society

6286. The significant others of Mead,s theory are____________?
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A. unimportant because models do not influence personality

B. important because they provide the initial role models

C. constituted by governmental authorities who must be obeyed

D. similar to the ego of Freud,s theory

6287. Proposed political party reforms in the U.S include_____________?
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A. greater freedom of action for candidates

B. greater ideological division

C. increasing numbers of Independents

D. adopting a winner-takes -all principle

6288. The objective approach to determine social class membership is based on________________?
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A. years of education

B. income

C. all of the above

D. prestigious position

6289. The United States government includes the following traits____________?
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A. a subordinate judiciary

B. appointed representatives

C. unlimited power

D. federalism
6290. The Sapir-Whorf hypothesis ?
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A. is the product of a distinct world view?

B. all of the above

C. may well be unintelligible as translated in some languages

D. emphasizes the difficulty of understanding another culture as its participants understand it
6291. When one knows the roles that one is expected to play and is willing and able to do so one is_____________?
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A. a significant other

B. brainwashed

C. conditioned

D. successfully socialized
6292. Land labor capital and entrepreneurship are called__________________?
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A. raw materials

B. external devices

C. factors of production

D. impetus to upward mobility

6293. Freud located the libido ?
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A. in the genital stage

B. all of the above

C. within the ld

D. within family relations

6294. The earliest and least complex society was___________?
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A. agrarian

B. hunting and gathering

C. pastoral

D. horticultural

6295. Bureaucracy is based on________________?
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A. lack of authority

B. specialization

C. ad hoc rules

D. unpredictability

6296. Daniel Bell has called the newly emerging from of society ?
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A. informational

B. postindustrial

C. post-subsistence

D. technological

6297. Which is NOT an element of social structure ?
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A. Concepts

B. Norms

C. Statuses

D. Roles

6298. Our type of society fosters______________?
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A. none of the above

B. love of all humans

C. anxiety

D. a sense of calm

6299. Social Darwinists believed that________________?
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A. only the strongest persons should control the resources of a society

B. the weak shall inherit the earth

C. natural selection was a hoax

D. resources belong to all the people

6300. Norms are__________________?
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A. all of the above

B. internalized in most cases

C. reflections of values

D. guidelines for human behavior