economics MCQs – Page 221

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 Review each marked answer and report any item that may be outdated or unclear.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

4401. A nationalistic revolution occurred in the________________?
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A. American Revolution

B. Cuban revolution of 1959

C. communist takeover of China in 1949

D. French Revolution

4402. Liberation theory is______________?
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A. another name for atheism

B. a fusion of Christianity and Marxism

C. a branch of Roman Catholicism

D. a doctrine of personal transcendence

4403. Adam Smith was __________?
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A. None of these

B. A philosopher

C. A scientist

D. An Economist

4404. Among the leading causes of divorce are______________?
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A. personality differences

B. incompatibility

C. infidelity

D. only b and c

4405. A decline in the rural population was due chiefly to________________?
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A. the continued improvements in agricultural methods

B. factories

C. the favor of the local tyrant

D. population size

4406. Antarctica is occupied by several nations together because no one nations has________________?
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A. the power to take it over

B. the desire to rule it

C. sovereignty over it

D. interest in its resources

4407. suburbanization today is based on__________________?
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A. skin color only

B. homogeneous families

C. social class

D. the grass being greener in the suburbs

4408. The first years of marriage_____________?
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A. require the most adjustment

B. offer the most satisfaction

C. all of the above

D. are the most difficult

4409. The number of births in a population in relation to every 1000 women of childbearing age in a year is called the________________?
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A. population growth rate

B. fertility rate

C. birthrate

D. population pyramid

4410. In animism_______________?
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A. all of the above

B. spirits are worshipped as disembodied humans

C. spirits are thought to acquire various forms

D. animals are worshipped as gods

4411. Recent events vividly demonstrate that nationalism is_______________?
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A. the source of wars and atrocities

B. dead

C. the bastion of freedom and world peace

D. at most a quaint reminder of past political cultures

4412. Religiosity refers to_______________?
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A. whether one believes in God or gods

B. depth of religious feelings

C. whether one participates in religious rituals

D. a belief in heaven and hell

4413. Which method of child care is best for children ?
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A. Being cared for by the biological mother even if she would rather work outside the house

B. Spending at least 20 hours with a person other than the mother

C. We do not really know

D. Being in a day-care center with other children of the same age

4414. Collective behavior is________________?
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A. emergent

B. alienating

C. nonroutine

D. convergent

4415. Moral control________________?
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A. can only be exerted through the institution of religion

B. is best when exerted by forces outside the individual

C. dose not exist in large urban industrial societies

D. is insufficient to maintain social order in complex societies

4416. Change may be experienced at which level ?
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A. Micro middle and macro

B. High and low

C. Public and public opinion

D. Alpha beta and delta

4417. As a person age_____________?
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A. health care costs decrease

B. senescence affects a small minority

C. none of the above

D. senility sets in

4418. Feminist theory bas borrowed much of the ideas of________________?
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A. psychology

B. the ideology that tries to rationalize women ,s low position in society

C. conflict and Marxist theories

D. The Feminine Mystique

4419. Normally a demand curve will have the shape:_________?
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A. Horizontal

B. Vertical

C. Downward Sloping

D. Upward Sloping

4420. The positive relationship between price and quantity supplied is called:_________?
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A. a change of supply

B. Profit

C. the law of supply

D. a shift to the supply curve

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