economics MCQs – Page 208

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 Review each marked answer and report any item that may be outdated or unclear.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

4141. Malthus suggested the following as means of birth control________________?
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A. abstinence

B. late marriage

C. all of the above

D. celibacy

4142. Which of the following brings about cultural change_________________?
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A. new art forms

B. scientific discoveries

C. technological invention

D. all of the above

4143. The United Nations__________________?
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A. is extremely effective in policing the world

B. Is primarily an instrument of the U.S

C. Open supports communist and socialist regimes

D. None of the above

4144. Which statement is false regarding prejudice ?
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A. it is almost never found in persons with an authoritarian personality type

B. It may be culture-conditioned or character -conditioned

C. It may reflect the norms of the community

D. Its source may be the personality of a specific person

4145. The crude birthrate is________________?
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A. the rate at which infants survive past their first year

B. an important demographic concept

C. the number of male births per 1000 people per country per year

D. the rate at which the elderly die in any given year

4146. Foreign aid is an instrument of________________?
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A. the democratic value system

B. propaganda

C. foreign policy

D. manipulation

4147. Which of the following is true ?
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A. Lower-class students do as well academically as those from higher social classes

B. Students with low levels of self-esteem and low levels of confidence tend to do poorly in school

C. Testing consistently low does not affect a students self-confidence

D. Students are seldom able to evaluate their own abilities

4148. Which nation state has reached zero population growth ?
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A. Zimbabwe

B. the United States

C. Turkey

D. Iran

4149. In Africa many children are_________________?
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A. sings of a good harvest

B. social security for the future of the parents

C. symbols of disgrace

D. detested by non-Catholics

4150. Modern societies are grappling with the notion of_________________?
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A. allowing same-sex couples to marry

B. lowering the age at marriage

C. eliminating marriage altogether

D. none of the above

4151. The legitimate possession of power is a definition of______________?
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A. the police

B. the state

C. authority

D. force

4152. The Industrial Revolution began with_________________?
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A. the invention of a few basic machines

B. the proletariat in Russia

C. the founding of Sony in Japan

D. the overthrow of the British

4153. The rate of change for most of human history has been________________?
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A. slow until the Industrial Revolution then rapid

B. unchanged

C. slow because people are creatures of habit

D. rapid since the beginning of history

4154. In countries such as Iran and Iraq the Moslem religion is a(n)_______________?
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A. denomination

B. cult

C. ecclesia or universal church

D. sect

4155. In Melanesia manais________________?
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A. the food miraculously given to the escaped slaves in the wilderness

B. a power that is neither good nor evil

C. the power of good over evil

D. the power of evil over good

4156. The rise of social classes is almost always associated with the development of__________________?
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A. the state

B. international trade

C. democracy

D. totalitarianism

4157. A minority group consists of______________?
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A. the hostile subcultures in the society

B. people distinguished by their physical or cultural traits

C. fewer people than the majority group

D. the most recently settled immigrants

4158. Discrimination is_______________?
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A. racial hatred

B. an action taken as a result of prejudicial feelings

C. an attitude or feeling of dislike for a certain group

D. belief in the superiority of one,s own group

4159. No- fault divorce has_______________?
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A. left alimony awards intact

B. all but eliminated alimony and somewhat decreased the average child support award

C. increased child support requirements

D. increased both alimony and child support awards for the first few year after divorce

4160. Most societies________________?
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A. encourage marriage

B. pay couples to have children

C. accept all kinds of man-women unions

D. discourage marriage

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