economics MCQs – Page 211

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 Review each marked answer and report any item that may be outdated or unclear.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
4201. A population pyramid shows__________________?
comments icon0

A. the ratio between a nation,s standard of living and its population density

B. sex and age distribution within a population

C. the relation between population growth and food supply

D. the relation between population and land area

4202. World overpopulation could be prevented by_________________?
comments icon0

A. a return to preindustrial medicine

B. the elimination of the demographic transition

C. zero population growth worldwide

D. natural change

4204. Which are manifest functions of schools ?
comments icon0

A. To teach the values prevalent in the society

B. All of the above

C. To reinforce the norms of the society

D. To teach skills

4205. The factory system_________________?
comments icon0

A. was introduced when it became convenient to house both workers and machinery under one roof

B. gave more power to the employers called entrepreneurs

C. was an American invention popularized through cultural diffusion

D. resulted from BOTH the convenience of housing workers and equipment together and gave more power to the entrepreneurs
4207. Urbanism is defined as________________?
comments icon0

A. the growth of cities and suburbs at the expense of rural areas

B. a set of attitudes and a way of life distinct from the rural

C. the study of the growth and decline of populations

D. the migration of people from rural to urban centers

4208. Political science has taken a turn toward the social sciences in its studies of__________________?
comments icon0

A. law and administration

B. work as a source of identity

C. the moral effects of government policies

D. the social impact of government on groups and individuals
4209. Property is defined in terms of rights of_________________?
comments icon0

A. production

B. distribution

C. Ownership

D. consumption

4210. Which of the following is NOT within the secondary economic sector ?
comments icon0

A. Home construction

B. Oil drilling

C. Salmon canning

D. All of these

4212. American foreign aid after World War II_________________?
comments icon0

A. prevented revolutionary movements from starting in a number of nations

B. boosted international trade

C. all of the above

D. helped the domestic economies of industrial nations

4213. Environmental depletion is the term used to mean that________________?
comments icon0
A. natural resources are decreasing as demand for them increase

B. humans are capable to adapt to other resources when the old ones disappear

C. natural resources are increasing in proportion to an increased demand for them

D. natural resources can be substituted with artificial ones

4214. The most fundamental factor(s)in stratification is (are)______________?
comments icon0

A. access to economic resources

B. an ambitious mother and later marriage

C. education and income

D. the ability to make someone do what you want

4216. Standard English and the music of music This belief is an example of_______________?
comments icon0

A. structural discrimination

B. individual discrimination

C. attitudinal discrimination

D. elitist discrimination

4217. According to the cognitive development theory children learn gender roles according to____________?
comments icon0
A. which stage of cognitive development they have reached

B. attempt to elicit parental approval

C. instinct

D. biology

4218. In the 1960s some young people_______________?
comments icon0

A. chose to cohabit rather than marry

B. preferred to live in communes

C. decided to return to the traditional forms of family

D. saw the family as an oppressive institution
4219. The anthropologist George Murdock believes that the family _____________________?
comments icon0

A. is harmful and leads to schizophrenia

B. was the last institution to develop

C. has functions fundamental to human life

D. is found only in some human societies

4220. The state has the following relationship to force__________________?
comments icon0

A. it gives it up to the people

B. it lacks it completely in democracy

C. it shares it with the citizens

D. it has a monopoly on it