economics MCQs – Page 203

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 Review each marked answer and report any item that may be outdated or unclear.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
4041. Discriminatory behavior prompted by the knowledge that prejudice exists on a society wide level is called______________?
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A. attitudinal discrimination

B. cultural discrimination

C. institutional discrimination

D. personal discrimination

4042. Stressing the desirability of retaining each group,s cultural distinctiveness is part of the ideology of______________?
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A. Anglo-conformity

B. cultural pluralism

C. ethnicity

D. melting pot

4043. Admiration of power and intolerance of differences is linked to a_________________?
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A. Democratic personality

B. unprejudiced personality

C. authoritarian personality

D. totalitarian personality

4044. Male dominance is expressed_____________________?
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A. for the lack of wage parity

B. all of the above

C. by the frequent instances of sexual harassment on the job

D. in spite of ours being an egalitarian society

4045. The shift toward tertiary sector jobs has_______________?
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A. reduced the need for unskilled or semi-skilled workers

B. established a general trend toward the professionalization of everyone

C. All of these

D. eliminated hardcore unemployment

4046. Interest groups may be defined as__________________?
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A. wealthy and civicminded people with excessive leisure time.

B. groups of people interested in specific legislation

C. groups of people who want to enter politics

D. coalitions of individuals with similar attitudes and interests who attempt to influence public policy
4047. By advocating the acquisition of more androgynous roles by both men and women what is meant is that________________?
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A. bisexuality should be the norm

B. we should adopt passive roles

C. we should combine male and female sex-typed traits

D. we should adopt blurred ill-defined roles

4048. The inordinate growth of government is a side effect of________________?
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A. the increasing poverty of individual states

B. government intervention in the economy

C. the political apathy of public

D. the willingness of individuals to give up traditional freedoms

4049. Where one stands in the social hierarchy is intimately related to________________?
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A. how long one lives

B. only B and C

C. how much stress one experiences

D. how one performs one,s job

4050. The transitional period between the dominance of one party or another is called_______________?
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A. realignment

B. derailment

C. alignment

D. dealignment

4051. The federal government has increased its responsibilities at the local level because_____________?
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A. the states inefficiency

B. the tenth amendment

C. excess state revenues

D. urban influence on the states

4052. Psychologists researching the causes of prejudice have found that_______________?
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A. it may have an evolutionary origin

B. it is directed at a target from a different group

C. all of the above

D. it is caused by anger

4053. The government can curb excessive aggregate demand(inflation)by_________________?
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A. decreasing taxes on consumers

B. increasing spending

C. none of the above

D. decreasing taxes on firms

4054. The failure of the League of Nation______________?
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A. illustrated that national interest is more important than collective security or moral opposition to aggression

B. was due to the Republican Senate,s opposition

C. occurred after President Wilson,s stroke

D. was due to Marxism-Leninism

4055. A way of calculating the total output of the economy regardless of where resources are located is________________?
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A. the NNP

B. the GDP

C. the GNP

D. the SPQR
4056. Proposed political party reforms in the U.S include_____________?
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A. adopting a winner-takes -all principle

B. greater ideological division

C. greater freedom of action for candidates

D. increasing numbers of Independents

4057. Which is false ?
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A. older workers perform as well as younger workers

B. more men than women live alone

C. more elderly men than women are married

D. only a small percentage of the 65- to 74- year olds live in nursing homes

4058. Craft unions differed from industrial unions in that they______________?
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A. Welcomed minorities

B. All of the above

C. Were socialist

D. Were horizontally organized
4059. Ageism asserts that___________________?
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A. wisdom accompanies advancing age

B. each stage of life has its own rewards

C. the young are superior to the old

D. life begins forty

4060. Studies other than Mead,s show that_________________?
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A. biology is totally unimportant in sex role behavior

B. aggression is strictly socially learned

C. there is no pattern to aggressive behavior in either males or females

D. in most cultures males are more aggressive than females