economics MCQs – Page 224

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 Review each marked answer and report any item that may be outdated or unclear.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

4461. Religion has the function of________________?
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A. having the individual lose his/her identity

B. supporting societal norms

C. decreasing a persons sense of security

D. making life anxiety-ridden

4462. A reduction of the ozone layer in the upper atmosphere leads to_____________?
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A. climate changes

B. greater crop yields

C. greater rainfall

D. fluorochlorocarbon production

4463. Before ecological problems can be resolved what will probably need to happen ?
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A. It will have to become politicized

B. Cultural values will have to change

C. Acid rain will have to destroy our crops

D. The smog will have to increase

4464. In Third World countries the factors that discourage birth control include________________?
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A. traditional values

B. government subsidies for large families

C. womens rights

D. low infant mortality

4465. The view that the elderly lack social and material resources to reciprocate in relationships and consequently occupy a subservient status is the point of______________?
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A. disengagement theory

B. exchange theory

C. modernization theory

D. activity theory

4466. Which indicator/s is/are used in the Human Development Index(HDI)?
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A. Education

B. Life Expectancy

C. Standard of Living

D. All

4467. A nineteenth-century model of rote education which imitated the assembly line was called the______________?
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A. Topeka system

B. Birmingham system

C. Lancaster system

D. Schumpeterian system

4468. Romance as a reason for marriage________________?
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A. contributes to divorce

B. is an ancient principle

C. prevents divorce

D. is a modern invention

4469. An ecological city is___________________?
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A. where urban planning originates

B. the central city suburbs and satellites

C. one with a recycling enter

D. one containing a clean water supply for the area

4470. Which is false of the process of diffusion ?
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A. A complex culture borrows more elements from a simple culture than the other way around

B. Borrowing cultures modify the traits they accept

C. Only some elements of a culture are accepted by other cultures

D. It tends to be reciprocal

4471. Which subject is NOT studied by demography ?
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A. Birthrates death rates sex rates

B. Human mobility

C. Rock forming land shaping soil forming

D. Age groups marriage incidence divorce frequency

4472. The perpetrators of fatal child abuse have these traits in common________________?
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A. they are young males

B. they are seriously depressed

C. they live at or below the poverty level

D. all of these

4473. Theology is_______________?
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A. the sympathetic interpretation of myths

B. the rules of ritual observance

C. a justification of the function of religion

D. the rational system of ideas that explains a belief system

4474. The Book An Inquiry into the Nature and Causes of the Wealth of Nations is written by
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A. Adam Smith

B. Malthus

C. J. M. Keynes

D. David Ricardo

4475. Which is NOT an element of a social movement ?
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A. it has a strong sense of idealism and solidarity

B. It has a specific perspective and ideology

C. It involves a significant number of people

D. It involves no orientation toward action

4476. The fact that pizza is now a popular American food is due to________________?
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A. cultural diffusion

B. cultural lag

C. sociocultural drift

D. technological innovation

4477. The stages of the demographic transition model are_________________?
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A. low death rates high birthrates

B. high births high death rates

C. all of the above

D. low birth rates low death rates

4478. The highest birthrates today are found in________________?
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A. Japan

B. Western Europe

C. highly developed nations

D. the underdeveloped nations

4479. The most common form of marriage today is_______________?
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A. none of these

B. polyandry

C. polygyny

D. polygamy

4480. Secularization will_______________?
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A. finally destroy religion in the United States

B. be punished by God

C. promote secular humanism

D. stimulate new sects and cults to overcome the secularization process

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