economics MCQs – Page 190

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 Review each marked answer and report any item that may be outdated or unclear.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

3781. The exchange system is based on_______________?
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A. goods and service

B. government reaction

C. lack of labor

D. supply and demand

3782. Fascism_______________?
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A. distrusts reason

B. appeals to intellectuals

C. stresses a belief in human equality

D. refuses violence

3783. ideologies tend to arise during periods of_____________?
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A. crisis

B. natural disasters

C. prosperity

D. conversations among intellectuals

3784. Which of the following is an example of a culture trait ?
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A. the family

B. marriage

C. wedding rings

D. BOTH rings and exchanging wedding vows

3785. A professional trained in a narrow abstract field is a________________?
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A. vice president

B. foreman

C. bureaucrat

D. specialist

3786. Deviant individuals______________?
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A. set examples for others thus reaffirming existing norms

B. prevent social change from occurring

C. hinder group cohesion by disrupting stability

D. are invented by society to promote group cohesion

3787. Traditional autocracy has been replaced by________________?
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A. tyranny

B. democracy

C. egalitarianism

D. authoritarian or totalitarian ideologies

3788. Recent research supports the notion that mother-infant bonding_______________?
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A. depends on how wanted the infant is

B. has a cultural basis

C. none of the above

D. has a biological basis

3789. The writers of the Constitution intended the president to have________________?
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A. strong personal power

B. no power at all

C. power only in declaring war

D. weak personal power

3790. Social ranking is based on________________?
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A. all of the above

B. age

C. sex

D. wealth

3791. The theory speculating that every society develops a number of cultural goals for members to attain but that attainment is not possible for all is called the_____________?
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A. anomie theory

B. differential association theory

C. deviant personality theory

D. focal concerns theory

3792. The objective approach to determine social class membership is based on________________?
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A. income

B. years of education

C. prestigious position

D. all of the above

3793. In the United States an example of a taboo is_______________?
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A. gambling

B. making money

C. climbing Mt Rushmore

D. marrying sister

3794. Organization differ from institutions in that________________?
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A. all of the above

B. one cannot join an institution

C. only a few organizations last long enough to become institutions

D. institutions are organizations in which people no longer discuss the basis of the rules

3795. Political scientist Morgenthau and the realist school believe that foreign policy is based on_______________?
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A. what is best for the people of a nation

B. exercise of power

C. morality

D. rights of humanity

3796. Children have taken on the role of the generalized other when______________?
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A. they are consciously socialized

B. they start school

C. most of the important norms have been internalized

D. they have learned to speak

3797. The cognitive component of culture__________________?
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A. includes knowledge beliefs and technology

B. is part of material culture

C. consists of values and morals

D. is made up of rules for behavior

3798. Bureaucracy and extensive social differentiation initially occur in the historical transition from_____________?
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A. pastoral to horticultural society

B. horticultural to agricultural society

C. hunting and gathering to pastoral society

D. agricultural to industrial society

3799. The opposite of a variable is a______________?
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A. concept

B. constant

C. law

D. value

3800. The human social process most important for social interaction is_______________?
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A. cooperation

B. conflict

C. none of the above

D. competition

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