economics MCQs – Page 183

Practise multiple-choice questions from economics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

economics Mcqs

1. the national economy 2. profit maximizing under perfect competition and monopoly 3. application of economics 4. the aggregate demand aggregate supply model 5. surplus 6. money interest rates and output 7. average and total cost 8. stabilization adjustment reform and privatization 9. risks and diversification efficient market hypothesis 10. the phillips curve 11. supply and demand 12. capital formation investment choice information technology and technical progress 13. aggregate supply unemployment and inflation 14. elasticity 15. comparative gdp 16. roots of modern macroeconomics 17. production factors 18. poverty malnutrition and income inequality 19. trade regulations and industrial policies 20. monetary union 21. exchange rate systems and currency crises 22. economic development in historical perspective 23. exchange rate determination 24. monopoly competition 25. the balance of payments 26. inflation productivity 27. macroeconomic issues and analysis 28. employment migration and urbanization 29. macroeconomic policy tools 30. supply side policies 31. exchange rate adjustments and the balance of 32. miscellaneous 33. taxation 34. trade policies for the developing nations 35. markets efficiency and the public interest 36. the external debt and financial crises 37. budget deficits and the trade balance 38. alternative theories of the firm 39. public goods 40. the meaning and measurement of economic development 41. characteristics and institutions of developing countries 42. agriculture irrigation system of pakistan 43. education health and human capital 44. economic problems of developing countries 45. theories of economic development 46. basic of economics 47. consumer theory vs real consumers 48. applied microeconomics 49. long term economic growth 50. externality internality 51. fiscal and monetary policy 52. prices wages taxes 53. balance of payments aid and foreign investment 54. international factor movements and multinational corporations 55. entrepreneurship organization and innovation 56. the international economy and globalization 57. population and development 58. non tariff trade barriers 59. foundations of modern trade theory 60. global economic development 61. market 62. rural poverty and agricultural transformation 63. regional trading arrangements 64. foreign exchange 65. introduction to economics 66. world economy miscellaneous 67. sources of comparative advantage 68. natural resources and the environment toward sustainable development 69. monopoly 70. asymmetric information 71. income inequality 72. labour market 73. tariffs 74. development planning and policy making the state and the market 75. oligopoly 76. industrial development 77. costs supply and perfect competition 78. human capital 79. monetary fiscal and incomes policy and inflation 80. stocks

3641. According to George H.Mead mind is________________?
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A. the acting subject as opposed to object

B. the source of experience

C. none of the above

D. an emergent outcome of social acts

3642. A trained observer_________________?
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A. knows which data are relevant to the research problem

B. records everything that he or she sees

C. knows what to expect

D. is most a home in experimental settings?

3643. Like Freud Erik Erikson maintains that_______________?
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A. psychoanalysis including dream analysis is the only way to overcome personality problems

B. the personality is fixed by age five

C. none of the above

D. there are five psycho sexual stages

3644. Institution are_________________?
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A. found among all animals

B. places like schools and banks

C. traditional habits centering around fundamental human needs

D. unimportant

3645. Sapir and Whorf believe that______________?
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A. languages are limited to the number of words for any given object

B. language has no part in mental attitudes

C. preverbal communication is more important than verbal

D. the structure of a language shapes a people view of the world

3646. An ideology or doctrine spread through persuasion is______________?
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A. propaganda

B. foreign policy

C. diplomacy

D. journalism

3647. Schizophrenia is_______________?
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A. another name for split personality

B. a psychosomatic disorder

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

D. a term meaning to hallucinate

3648. The creation of culture unlike playwriting ?
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A. is the work of generation?

B. is not always a deliberate act

C. never results in a final authorized script

D. all of the above

3649. To say that American music is the best in the world is an example of__________________?
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A. the truth

B. a value

C. cultural relativity

D. ethnocentrism

3650. The scientific method in the social sciences ?
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A. is hampered by difficulties in attaining objectivity

B. has led to great discoveries in the human knowledge of the physical universe

C. has been found to be totally useless

D. is as effective as in the natural sciences

3651. A prison is a______________?
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A. secondary institution

B. total institution

C. primary institution

D. tertiary socialization

3652. All systems of stratification display the following characteristics except_________________?
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A. segmentation

B. differentiation

C. ranking

D. institutionalization

3653. Personal space is defined differently in different societies Therefore we can say that_____________?
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A. culture shapes both verbal and nonverbal behavior

B. personal space is controlled genetically

C. many people have no manners

D. nonverbal behavior is not part of culture

3654. What is the Phillips curve ?
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A. a special kind of screw driver that reflects the functioning of the economy

B. a reference to a government economist favoring high taxes

C. a graphic representation of conflict between full employment and inflation

D. a deflationary curve

3655. Repeating a research project called ?
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A. validation

B. generalization

C. replication

D. verification

3656. Skepticism refers to________________?
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A. doubting

B. repetition

C. precision

D. impartiality

3657. illegal acts that are characterized by deceit concealment or violation of trust is the FBI,s definition of_______________?
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A. organized crime

B. white-collar crime

C. robbery

D. arson

3658. Max Weber intended his ideal type of bureaucracy as an_______________?
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A. accurate description of existing bureaucracies

B. explanation of elite domination

C. obviously false portrait of democratic administration

D. idealized or exaggerated model of rational administration

3659. Anthropologists have developed ?
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A. none of the above

B. laws governing ancient societies

C. a number of theories

D. methods of explaining human behavior

3660. The biological explanations of deviance include____________?
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A. the extra Y chromosome

B. Lombroso,s criminal types

C. all of the above

D. Sheldon,s mesomorphs

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