economics MCQs – Page 273

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 Review each marked answer and report any item that may be outdated or unclear.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
5443. In animism_______________?
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A. all of the above

B. animals are worshipped as gods

C. spirits are worshipped as disembodied humans

D. spirits are thought to acquire various forms

5444. The processes of cultural change include______________?
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A. nationalism and patriotism

B. conformity and obedience

C. conservatism and reactionism

D. innovation and invention

5445. The United States Canada Northern and Western Europe among other areas are________________?
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A. in the first stage of the demographic transition

B. in the third stage of the demographic transition

C. threatened by under population

D. still trying to curb population growth

5446. Studies have found that__________________?
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A. all of the above

B. not all abused children go on to abuse their own children

C. the more severe the abuse the more extreme the later psychiatric symptoms

D. victims of child abuse become troubled adults

5447. The manifest functions of government include________________?
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A. the provision of institutionalized social control

B. the enlargement of the administrative elite

C. the formation of party machines

D. the protection of the interests of the power elite
5448. Nation states emerged in Europe in the historical period of______________?
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A. the Renaissance

B. the Protestant Reformation

C. the Hundred Years War

D. the Middle Ages

5449. The family-and particularly marriage-binds its members through_______________?
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A. interfaith competition

B. educational functions

C. class conflict

D. legal and economic bonds
5450. The most fundamental function of the family is_________________?
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A. keeping members sheltered

B. ensuring the reproduction of the species

C. feeding its members

D. providing sex education

5451. Foreign aid________________?
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A. has been used as an instrument of foreign policy by the U.S

B. None of the above

C. is what ultimately overthrowing communism

D. should be abolished until poverty is eliminated is our own society

5452. The basic components of the state include ALL BUT WHICH of the following ?
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A. Armed services

B. Sovereignty

C. Territory

D. Population

5453. Before ecological problems can be resolved what will probably need to happen ?
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A. Cultural values will have to change

B. It will have to become politicized

C. Acid rain will have to destroy our crops

D. The smog will have to increase

5456. Religiosity refers to_______________?
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A. a belief in heaven and hell

B. depth of religious feelings

C. whether one believes in God or gods

D. whether one participates in religious rituals

5457. Birthrates________________?
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A. generally correspond to population density

B. are low in Western Europe and Japan

C. are high in Arabia and interior African

D. are low BOTH in Western Europe and Japan and high in Arabia and Africa
5458. The family into which you were born is called_________________?
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A. the family of procreation

B. the family of origin

C. my family

D. the family of orientation
5459. Birthrates remain high is the Third World because_________________?
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A. there has been cultural lag following superimposed industrialization

B. in many cultures a man,s worth is measured by the number of his children

C. all of the above

D. contraception is either opposed or not properly practiced

5460. Secularization will_______________?
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A. finally destroy religion in the United States

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

C. be punished by God

D. promote secular humanism