economics MCQs – Page 188

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 Review each marked answer and report any item that may be outdated or unclear.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

3741. An ideology is______________?
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A. a set of ideas values and attitudes

B. always based on religion

C. a testable theory

D. none of the above

3742. Capitalisms roots can be found in_________________?
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A. dialectic materialism

B. feudal agriculture

C. machine-based production

D. Christianity

3743. Intuition authority tradition and common sense ?
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A. have been totally replaced the scientific method

B. are all equally valid tools of inquiry

C. are just as exact as the scientific method

D. are still used as tools of inquiry

3744. The first step in the scientific method is____________?
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A. selection of area to be researched

B. observation and recording of data

C. classification and organization of data

D. obtaining a government grant

3745. Martin Luther king,s status was based on his_____________?
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A. social influence

B. property

C. wealth

D. color

3746. The Sapir-Whorf hypothesis ?
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A. emphasizes the difficulty of understanding another culture as its participants understand it

B. all of the above

C. may well be unintelligible as translated in some languages

D. is the product of a distinct world view?

3747. When the lk of Uganda lost their traditional hunting grounds they ?
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A. rapidly became shepherds

B. became savage warriors

C. their formerly outgoing personalities changed

D. became outgoing accomplished entrepreneurs

3748. According to the differential association theory deviant acts are_________________?
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A. the result of social deprivation

B. considered normal by some antisocial individuals

C. caused by abnormal chromosomes

D. learned through interaction with others

3749. The succession of stages in Jean Piaget,s model of cognitive development is_______________?
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A. infancy childhood adolescence and adulthood

B. sensimotor pre-operational intuitive operational and concrete operational

C. sensorimotor intuitive operational concrete operational and formal operational

D. early childhood plays concrete operational and formal operational

3750. The type of foreign policy decisions made by the governmental bureaucracy fall into the category of_______________?
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A. constructive foreign policy

B. legislative decisions

C. crisis decisions

D. administrative foreign policy

3751. Which is NOT an element of social structure ?
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A. Concepts

B. Statuses

C. Roles

D. Norms

3752. 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. make people feel free

D. fool the people some of the time

3753. In the present national power is based on________________?
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A. location and population

B. specific combinations of attributes

C. size and resources

D. political ideology and wealth

3754. 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. coercion

C. power

D. force

3755. A medical model of deviance assumes that it is caused by_________________?
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A. mental defects

B. illness

C. abnormality

D. all of the above

3756. Which of the following acts does NOT constitute a crime if committed by an adult ?
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A. Truancy

B. Copyright infringement

C. illegal drug use

D. Prostitution

3757. The Superego of Freud,s theory is similar to Mead,s ?
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A. me

B. libido

C. generalized other

D. l

3758. Daniel Bell has called the newly emerging from of society ?
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A. informational

B. post-subsistence

C. postindustrial

D. technological

3759. The social science that deals with human use of the natural environment is______________?
0

A. chemistry

B. geography

C. physiology

D. genetics

3760. Biological explanations of deviance________________?
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A. are strongly supported scientifically

B. explain all types of deviance

C. agree on the causes of deviance

D. were popular during the first half of the 20th century

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