economics MCQs – Page 189

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 Review each marked answer and report any item that may be outdated or unclear.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

3761. The microelements of societies are made up of_____________?
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A. problems of cement roads

B. processes of social interaction

C. none of the above

D. diseases that harm societies

3762. According to criminologists_______________?
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A. the death penalty is a sing of an uncivilized society

B. it is preferable to judge each criminal case individually

C. the death penalty does act as a deterrent

D. the death penalty does not act as a deterrent

3763. 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. the daughter likes to daydream

B. she has a different reference group than her social class would indicate

C. she has been reading too many yuppie biographies

D. her father has special connections to the boss

3764. When a state experiences a foreign policy crisis_______________?
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A. the United Nations is contacted

B. the Chief State makes all final decisions

C. both general and administrative personnel are involved

D. Henry Kissinger is contacted

3765. The attitude of some Americans toward the minorities in their midst shows_______________?
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A. the importance of culture

B. cultural relativity

C. culture shock

D. cultural superiority

3766. Critiques of bureaucratic forms of business administration argue that_____________?
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A. explicit standards of quality control must be imposed by management

B. employees are given too much discretion

C. small organization inevitably become bureaucracies

D. vertical hierarchies of power are too sluggish

3767. The research method in which the researcher controls one variable and observes and records the results is called_____________?
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A. case study

B. observation

C. social research

D. experiment

3768. Culture is based on______________?
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A. learning thorough symbols

B. genetic heredity

C. simple learning only

D. instinct

3769. Types of survey data include_______________?
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A. naires

B. all of the above

C. personal interviews

D. previously gathered statistical information

3770. Human beings are born into a social world that is_______________?
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A. the result of cultural development over previous generation

B. newly created in each generation

C. totally beyond their control

D. not of their own making

3771. Successful socialization for humans requires_______________?
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A. the existence of schools or the media

B. contact with other humans

C. the absence of others

D. genes alone

3772. Determining that a particular act is deviant may depend on______________?
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A. the social status of those judging the act

B. all of the above

C. the place time and circumstances

D. the social status of the person committing the act

3773. Language gestures and music are________________?
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A. human values

B. symbol systems

C. cultural traits

D. normative systems

3774. Scientific research relates to________________?
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A. relationships among variables

B. controlled inquiry

C. consideration of independent and dependent variables

D. all of the above

3775. Congestion pollution urban decay and similar side effects of the market system are termed_____________?
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A. internalities

B. tangentials

C. externalities

D. negatives

3776. Gestalt psychology looks at__________________?
0

A. physical appearance

B. separate items of personality

C. instincts

D. behavior as whole

3777. Aggregate demand is defined as_________________?
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A. none of the above

B. one persons demand for goods and services

C. the total demand in a society or on a world level for goods and services

D. the lack of demand for goods and services

3778. Americans proclaim the need for honesty but cheat on their tax returns This situation indicates that_____________?
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A. Americans often follow a covert culture in actual behavior

B. the overt culture is consistent

C. there is no covert culture in the United States

D. people are only human

3779. A secondary group is characterized by_________________?
0

A. formal interaction

B. daily contact

C. intimacy

D. small size

3780. People often accept social control based on________________?
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A. violence

B. harsh rules

C. positive sanctions

D. negative sanctions

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