economics MCQs – Page 212

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 Review each marked answer and report any item that may be outdated or unclear.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

4221. The opposite of a nuclear family is the______________?
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A. group family

B. extended family

C. atomic family

D. conjugal family

4222. Which women are most likely to report feeling unhappy after their divorce ?
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A. none of the above

B. young mothers

C. elderly women

D. childless middle-aged women

4223. The pivotal institution of government_________________?
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A. is represented by the U.N on a global level

B. exists only theoretically or in a rudimentary form on the international level

C. exists in every nation

D. is lacking in Third-World nations

4224. Group marriage ________________?
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A. has never been consistently or extensively practiced

B. has been a consistent feature in Western societies

C. is practiced among Australian aborigines

D. is widespread in several societies

4225. The merging of majority and minority groups as happened in Brazil is called_______________?
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A. acculturation

B. segregation

C. accommodation

D. amalgamation

4226. Even in a democracy the state can________________?
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A. imprison persons

B. all of the above

C. size property

D. deprive people of their lives

4227. In the U.S the military is________________?
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A. subordinate to the government

B. the basis of legitimate government

C. synonymous with government

D. a provision of government

4228. Corporations wield power through_____________?
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A. investment portfolios

B. All of the above

C. PACs

D. interlocking directorates

4229. Money is___________________?
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A. All of the above

B. a method of barter

C. a means of exchange

D. anything of intrinsic value

4230. Scientists agree that________________?
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A. there are no races

B. there are three races

C. all of humankind is descended from the same common stock

D. there are fifty two races

4231. The abolitionist movement sought the abolition of_______________?
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A. slavery

B. compulsory education

C. alcohol consumption

D. states rights

4232. The low birthrate in the United States is related to_______________?
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A. none of the above

B. increase of women in work force

C. able nutrition

D. increased drug use

4233. The nuclear family is characteristic of industrial societies because______________?
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A. most functions are better performed in secondary groups

B. a large family means more hands to work

C. ascribed status is more important in industrial societies

D. geographic and social mobility are common in industrial societies

4234. Political control refers to________________?
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A. social control exercised by the government

B. any social control

C. social control exercised by peers

D. being forced to vote

4235. The difference between government and state is that________________?
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A. the state is an abstract symbol of the political institution

B. government is symbol state is the process

C. government is a process and the state is an abstract symbol

D. government is a process that includes the people who exercise political power

4236. The most recent view of black family problems is that they are a result of_______________?
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A. biology

B. none of the above

C. historic events of recent years

D. the heritage of slavery

4237. Population density may be defined as_________________?
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A. the ability of a square foot of land to feed a number of people

B. the number of people to a land area

C. the density of a compound group

D. the number of births and deaths per year

4238. Chemical pesticides________________?
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A. are harmless to humans

B. leach out of the ground quickly

C. continue to control pests for many years

D. can be toxic to other forms of life

4239. The family today influences_______________?
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A. none of the above

B. hospitalization rates

C. attitudes on politics

D. production activities

4240. In a few cultures a women can have several husbands at one time This custom is called_________________?
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A. bigamy

B. polyandry

C. polygyny

D. monogamy

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