economics MCQs – Page 220

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 Review each marked answer and report any item that may be outdated or unclear.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
4381. Metropolitan areas with a population of 1 million or more are called_______________?
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A. CMSAs (Consolidated Metropolitan Statistical Areas)

B. CBSAs (Core Bases Statistical Areas)

C. MSAs (Micropolitan Statistical Areas)

D. SMSAs (Standard Metropolitan Statistical Areas)

4382. Nation states emerged in Europe in the historical period of______________?
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A. the Protestant Reformation

B. the Renaissance

C. the Middle Ages

D. the Hundred Years War

4383. Modernization in Britain was not as disruptive as in other countries because_______________?
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A. the British had the Magna Carta which protected civil rights

B. the British are smarter

C. the rate of change was slower, so integration of new values was possible

D. the British were ahead of other societies in their level of civilization

4384. A kinship system is based on______________?
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A. marriage

B. common descent

C. none of these

D. adoption

4385. The differences in behavior between men and women______________?
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A. are due strictly to biology

B. are due strictly to culture

C. are due both to biology and culture

D. are the product of totalitarian governments?

4386. Placing workers and machines in one building is called______________?
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A. guild system

B. exploitation of the proletariat

C. factory system

D. cottage industry

4387. The most important determinant of scholastic success is________________?
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A. the peer group influence

B. how well the students parents did in school

C. a familys values regarding education

D. the opinion of the neighbors

4388. The transition from a charismatic religious leaders direct example to routine procedures and observances is called______________?
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A. bureaucratization

B. differentiation

C. institutionalization

D. denomination

4389. Historically nations are impacted by_______________?
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A. change in the distribution of power

B. technological progress

C. climactic changes from the ice age to global heating

D. BOTH fluctuations in the distribution of power and technological progress
4390. The crowd at a religious revival meeting is_______________?
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A. expressive

B. acting

C. casual

D. disorganized

4391. The teenage birthrate_______________?
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A. has soared in the past two years

B. is highest among white teenagers

C. none of the above

D. has declined in the past several years
4392. The ideology of ageism__________________?
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A. asserts that the very young and the very old are inferior

B. applies only to the old

C. prevails only in the U.S

D. has little impact on the society

4393. Cults differ from sects in that______________?
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A. they are small voluntary and exclusive

B. all of the above

C. the have no ties to existing religious groups

D. they reject the status quo

4394. Population density________________?
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A. always relates to birthrates

B. is high in industrial areas

C. is low in Western Europe

D. is low in Japan

4395. Another term for nationalism might be________________?
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A. national ethnocentrism

B. colonialism

C. imperialism

D. racism

4396. Gender assignment is based on______________?
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A. biological sex only

B. sexuality only

C. social expectations only

D. a combination of biology and socialization
4397. From the point of view of Catholicism Protestantism began as a(n)________________?
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A. ecclesia

B. cult

C. charismatic movement

D. fundamentalist movement sect

4398. Ideologies_______________?
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A. underlie only revolutionary movements

B. do not underlie all political movements

C. underlie only political movements

D. underlie all social movements
4399. The Ku Klux Klan is an example of a(n)_________________?
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A. progressive movement

B. fascist movement

C. change-resistant movement

D. neo-Nazi movement

4400. Which is NOT a common objective of states ?
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A. Cultural diversity

B. Territorial integrity

C. Physical survival

D. Political independence