economics MCQs – Page 215

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 Review each marked answer and report any item that may be outdated or unclear.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
4282. Religion performs all but one of the following functions_______________?
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A. supports societal norms and values by transforming them into divine laws

B. helps people deal with guilt for their transgressions offering a way back to a constructive life

C. provides a single set of norms that are universally accepted and agreed upon

D. provides answers to basic s for which there is no other authority

4284. The strongest urge that all living creatures feel is to__________________?
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A. feel respectable

B. reproduce themselves

C. avoid stress

D. be important

4287. Death rates are highest in_______________?
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A. Turkey

B. Britain

C. Thailand

D. tropical African
4288. Middle-and upper-class parents foster the viewpoint that________________?
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A. occupational success is desirable

B. students should find peers with similar goals

C. success does not matter as much as happiness

D. their children should have a classical education

4289. In sociological studies of race and ethnic relations_______________?
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A. minority refers to the smaller group

B. majority represents the group in power because of its large numbers

C. minorities are described on the basis of biology

D. minority refers to an oppressed group
4290. The crude birthrate is the_________________?
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A. number of births a year in the world

B. number of births per thousand people per year

C. the same as the fertility rate

D. the same as the fecundity rate

4291. Durkheim,s approach to religion involved the opposed concepts of_________________?
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A. natural and supernatural

B. sacred and profane

C. children of light and children of darkness

D. good and evil

4292. Critics of our school system sate that _________________?
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A. none of the above

B. education makes no attempt to exercise social control

C. education is used to foster the acceptance of our political system without

D. education places too little emphasis on hard work and obedience

4293. Maintaining a groups distinctive customs and identity is called______________?
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A. cultural complex

B. cultural decline

C. cultural trait

D. cultural pluralism
4294. Members of an ethnic group_________________?
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A. share behavioral traits

B. share social and cultural traits

C. are heterogeneous

D. share physical traits

4295. Another way of talking about opportunity costs might be as________________?
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A. economic consequences

B. value of sacrificed resources

C. social consequences

D. parallel world

4297. To use up the final products of production is to_______________?
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A. consume

B. distribute

C. appropriate

D. allocate

4299. The term minority may be defined as______________?
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A. a small group of people living within a large nation

B. a group of people who possess the same access to prestige privilege and power but who differ in looks

C. any group in society that is socially dominated by another group through discrimination because of race culture religion or sex

D. any small group in society which is disliked and abused

4300. The end of the Cold war_________________?
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A. created new possibilities for the world balance of power

B. has shifted American policy toward cooperative internationalism

C. raised new concerns about nuclear proliferation

D. All of the above