economics MCQs – Page 187

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 Review each marked answer and report any item that may be outdated or unclear.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
3721. Deviance is defined______________?
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A. in the context of time and place

B. as another world for crime

C. in the same way everywhere

D. in some cultures, as nonexistent

3722. Anger is_______________?
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A. an innate human response to deprivation and frustration

B. all of the above

C. a definite sharply defined emotion

D. subject to manipulation

3723. The most advanced form of regional cooperation is exhibited by______________?
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A. The Pacific Rim

B. Africa

C. Europe

D. The Middle East

3724. Engineers lawyers investment bankers top CEOs entertainers and so on are described as_____________?
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A. generation x-ers

B. baby boomers

C. symbolic analysts

D. nouveau riches

3725. The mass media especially TV have been_______________?
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A. providing realistic view of the world

B. none of the above

C. definitely proven to increase the crime rate

D. definitely proven to improve school learning

3726. Statuses are based on______________?
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A. division of labor

B. gender

C. all of the above

D. age

3727. Income distribution according to productive contribution is____________?
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A. efficient and equitable

B. efficient but inequitable

C. a tenet of communism

D. inefficient but equitable

3728. Role conflicts tend to occur______________?
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A. over scarce resources

B. because we must fulfill several demanding roles simultaneously

C. all of the above

D. within aggregates

3729. An example of a temporary subculture would be_______________?
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A. the MTV generation

B. vegetarians

C. monks in a convent

D. players of chess

3730. 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. significant others

C. the ego and the superego

D. generalized others

3731. Social organization________________?
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A. is sometimes used interchangeably with social structure

B. is a fixed set of rules?

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

D. is microsocial macrosocial and interchangeable with social structure
3732. If the GNP increases by 8% and prices increase by 3% the actual growth rate is_______________?
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A. 3%

B. 8%

C. 5%

D. 11%

3733. Political science stresses the study of_______________?
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A. power

B. all of the above

C. government

D. state

3734. The study and comparative analysis of preliterate societies is one of the chief concerns of______________?
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A. psychology

B. history

C. sociology

D. anthropology
3735. Social life is organized and structured through____________?
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A. group situations and the positions of individuals

B. all of the above

C. rules and regulations

D. patterns of actions

3736. The five pivotal institutions are__________________?
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A. the economy government religion family and education

B. the military religion government family and education

C. the economy medicine family religion and education

D. the family the economy government the military and education

3737. Studying the interaction between government and the economy would occur on a______________?
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A. secondhand level

B. microsocial level

C. macroscopic level

D. macrosocial level

3738. The economic participant who decides how to use the factors of production and for what purpose in called a________________?
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A. product

B. market

C. household

D. firm
3739. A person who is suddenly set down on a commune in rural China would most likely undergo ?
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A. a severe anxiety attacks

B. change to conform to the Chinese modal personality

C. the process of the Lookingglass

D. the process of resocialization
3740. Participant observation_________________?
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A. is exclusively used by anthropologists

B. involves experimental controls

C. requires the researcher to disguise his or her identity

D. may compromise the objectivity of the researcher