economics MCQs – Page 210

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 Review each marked answer and report any item that may be outdated or unclear.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
4181. Most population experts_______________?
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A. expect population to level off at between 8 and 15 billion people

B. believe that a high fertility rate continues to be necessary in the developing nations

C. expect the growth rate to remain constant

D. have written off the Malthusian prophecy altogether

4182. By dependent relations globalists mean_______________?
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A. the effectiveness of the United Nations depends upon a cohesive Security Council

B. Third-World countries are maintained in a state of dependency by First-and Second- World nations

C. the legitimacy of nation -states depends upon propaganda and internal surveillance

D. industrial nations depend upon raw materials located in no-industrial nations

4183. Power is exercised in________________?
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A. all social systems

B. simple farming societies

C. hunting and gathering societies

D. complex industrial societies

4184. When farms are destroyed in favor of factories and suburbs it is an example of_____________?
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A. popularization

B. none of these

C. urbanization

D. secularization

4185. When peoples beliefs about the inferiority of a certain group undergo change the process is called________________?
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A. radical change

B. social change

C. political change

D. cultural change
4186. Furnishing historical data about past societies with no written records is the task of_______________?
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A. archaeology

B. cultural geography

C. history

D. ornithology

4187. Discrimination occurs_______________?
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A. with or without accompanying prejudice

B. as a result of informal quotas

C. with prejudice

D. as a result of government rulings

4188. The purpose of separating management from ownership is to________________?
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A. ensure that the long-term interests of the corporation outweigh short-term gains

B. shield absentee owners from any and all responsibility

C. secure the highest possible salaries for managers

D. shield the board of directors from any and all responsibility

4189. The blended family______________?
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A. consists of natural parents and children

B. is quite stable for children

C. is another name for a childless family

D. is made up of natural parents stepparents natural children and stepchildren
4190. Children of divorce have________________?
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A. the most difficulty at ages nine and ten

B. a preference for parental conflict rather than their divorce

C. no problems

D. fewer problems of adjustment than children from intact families

4191. It is true of the population of the United States that_________________?
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A. it is getting older

B. there are more women than men

C. rural and sunbelt areas attract only the young

D. it is BOTH older and more female
4192. The theologian Ludwig Feuerbach portrayed God as_______________?
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A. an inappropriate object of worship

B. a figment of the human imagination

C. a sort of ideal

D. all of the above

4193. Political control_____________?
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A. takes the place of moral control in simple societies

B. is internalized cultural learning

C. is acquired through socialization

D. is social control exerted by forces outside the individual
4194. The important point about biological and cultural differences among people is______________?
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A. the fact that to have more is better than to have less in all circumstances

B. the evidence that some traits are more desirable than others

C. the social meanings people give these differences

D. those with most power can determine cultural values

4195. The basic assertion of ageism is that________________?
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A. the old are superior to the young

B. work is best left to those who can do it

C. the young are superior to the old

D. there is a smooth transfer of roles between the old and the young

4196. A countertrend observable since the 1950s is___________________?
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A. urban decentralization

B. rural areas became very depopulated

C. urban residents providing their own food supply by planting gardens

D. a great increase in population in the cities

4197. Environmental pollution is the result of_________________?
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A. human actions that have harmful consequences

B. unknown bacteria and viruses

C. dysfunctions in the earth,s atmosphere

D. ignorance on the part of the underdeveloped nations

4198. The difficulty with fighting terrorism is that_________________?
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A. terrorists have differing goals

B. all of the above

C. terrorists have no single ideology

D. terrorism is a transnational problem

4199. Dominant groups tend to use all but which of the following methods in dealing with minorities ?
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A. forced assimilation

B. economic exploitation

C. cultural relativity

D. population transfers

4200. Which of the following is NOT a characteristic of an upwardly mobile individual ?
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A. Comes from a large family of several brothers and sisters

B. Urban resident

C. Marries later and limits family to no more than two children

D. More educated than parents