economics MCQs – Page 185

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 Review each marked answer and report any item that may be outdated or unclear.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 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
3681. The Truman Doctrine Marshall Plan and NATO are characteristic of which period ?
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A. containment

B. isolationism

C. interventionism

D. internationalism

3682. The dialectic is based on_____________?
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A. two extreme positions giving rise to a middle position

B. imperialism being destroyed by capitalism

C. conflicts between rich and poor countries

D. polarization forcing societies to split up

3683. Culture______________?
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A. is based on symbols in animals and on signals among humans

B. is arguably possessed to some degree by nonhuman primates as well as humans

C. all of the above

D. is a property of all higher animal groups?

3684. The chief reason that Congress is so ineffective is________________?
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A. that the Constitution delegates it so little power

B. the development of the power of state governments

C. a result of the gradual emergence of the Supreme Court as a legislative body

D. the traditional organization of the legislative branch
3685. The structural functionalist explanation of social stratification asserts that________________?
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A. there is a limited number of skilled talented people thus they should be rewarded

B. nature demands the existence of social classes

C. resources are plentiful so there is enough for all

D. people were not meant to work

3687. Social Darwinists believed that________________?
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A. natural selection was a hoax

B. resources belong to all the people

C. only the strongest persons should control the resources of a society

D. the weak shall inherit the earth

3688. Index crimes include all but one of the following_______________?
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A. manslaughter

B. aggravated assault

C. robbery

D. moving traffic violation
3690. A low incidence of crime is more characteristic of________________?
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A. societies that value the social group over the individual

B. societies with a ruthless police force

C. homogeneous societies

D. only and b
3691. Deviance contributes to social change in that________________?
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A. some actions initially defined as deviant eventually become generally accepted

B. todays deviant is tomorrows leader

C. deviance is a fad

D. deviant acts invariably point to outdated rules

3692. Love of money peace and God are American ?
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A. mores

B. values

C. Norms

D. folkways

3693. 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. scholars emphasized the supernatural

D. none of the above

3695. The primary agent of socialization is the______________?
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A. peer group

B. school

C. family

D. mass media

3696. Another way of saying that position in a group are value-rated by group members is_______________?
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A. authority is hierarchical

B. statuses are ranked

C. roles are scripted

D. statuses are ascribed

3697. To a person who belongs to it beer can collectors, club is a(n) ?
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A. all of the above

B. reference group

C. voluntary group

D. membership group
3698. Similarities common to all cultures are called_________________?
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A. cultural universals

B. pivotal institution

C. culture complexes

D. culture traits

3699. Personality may be seen as a circular system in that____________?
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A. all experience is based on preconceptions

B. personality affects roles and vice-versa

C. every adult experience cycle back to childhood

D. all feelings revolve around the self

3700. Scientific observation in the social sciences differs from that in the natural sciences because___________?
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A. the social sciences have developed concrete laws of behavior while the natural sciences have only theories

B. people behavior is predictable while the behavior of inanimate objects is not

C. the social sciences deal with the behavior of people

D. the social sciences deal with the extraterrestrial