economics MCQs – Page 199

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 Review each marked answer and report any item that may be outdated or unclear.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

3961. Liberals and conservatives agree to some extent that economic goals should include________________?
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A. price stability

B. full employment

C. all of the above

D. adequate economic growth

3962. What is the basis of racist ideology ?
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A. An inaccurate interpretation and social application of Darwin,s theory of evolution

B. An invention of European colonial governments

C. Social Darwinism applied to religious beliefs

D. The New Testament

3963. The circular nature of the economic process occurs from_________________?
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A. household to firm to consumer and back again

B. firm to firm

C. government to consumer

D. firm to consumer

3964. The classical conservative approach to stratification is that____________?
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A. none of the above

B. stratification must be legislated

C. inequality results from exploitation

D. inequality is the law of nature

3965. Hard money is_________________?
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A. cash rather than checks or notes

B. money actually tendered to campaigns

C. none of the above

D. money given during the campaign

3966. The third function of the legislative branch is________________?
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A. none of the above

B. oversight

C. ensuring that jobs are provided equally

D. provide an opposition party to the administration in office

3967. Two nations with a low street -crime rate are________________?
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A. Switzerland and France

B. Honduras ans Mexico

C. Germany and Austria

D. Japan and Finland

3968. Womens rate of diagnosed depression is__________________?
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A. half that of men

B. similar in duration to that of men

C. the same as mens

D. twice as high as mens

3969. The United States government began to function in_______________?
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A. 1763

B. 1776

C. 1788

D. 1781

3970. When considering the role of morality in foreign policy analysts observe that_____________?
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A. there are no restrictions in reaching agreements with other nations

B. each nation has different standards as to what is proper behavior and values

C. none of the above

D. the different nations of the world have the same values when it comes to treaties

3971. Conflict theorists view stratification systems as______________?
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A. resulting from class struggles

B. effects of the law of nature

C. mechanisms of coercion

D. BOTH coercive and resulting from class struggles

3972. Land labor capital and entrepreneurship are called__________________?
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A. external devices

B. factors of production

C. impetus to upward mobility

D. raw materials

3973. The victims of crime tend to be_______________?
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A. B and C

B. poor

C. members of minority groups

D. members of the middle class

3974. Without stabilized prices_______________?
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A. product market demand is problematic

B. resource market demand is problematic

C. all of the above

D. the distribution of income becomes more inequitable

3975. What forces prices down ?
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A. Inelastic demand

B. Elastic demand

C. Inferior products

D. Large consumer purchasing power

3976. Women are a minority group insofar as_______________?
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A. they are residentially segregated

B. they control few resources

C. they are treated unequally and are aware of their minority status

D. all of the above

3977. The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?
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A. individual discrimination

B. personal discrimination

C. nature of life

D. structural discrimination

3978. In most societies male dominance is evident through ?
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A. the small number of legislators who are women

B. all of the above

C. the differences is pay for the same job

D. the sexual harassment situations in the military and other work places

3979. What percentage of the earths people live in high-income areas ?
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A. 3%

B. 45%

C. 15%

D. 50%

3980. For many second and third generation immigrants ethnic background is less a focus of identity than______________?
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A. race

B. social class

C. religion

D. residence

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