economics MCQs – Page 276

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 Review each marked answer and report any item that may be outdated or unclear.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

5501. Hitler led the German people by emotional speeches He derived his authority from________________?
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A. the law

B. God

C. the Bible

D. personal charisma

5502. The oldest form of power rests on_______________?
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A. rational-legal authority

B. the authority of force

C. traditional authority

D. charismatic authority

5503. The widest sphere of human interaction on an international scale is_______________?
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A. international economics

B. international security affairs

C. international law

D. international relations

5504. Cohabiting couples__________________?
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A. are an old phenomenon

B. represent an example of premarital life

C. represent the great majority of couples

D. are predominantly homosexual

5505. Metropolitan areas with a population of 1 million or more are called_______________?
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A. SMSAs (Standard Metropolitan Statistical Areas)

B. MSAs (Micropolitan Statistical Areas)

C. CBSAs (Core Bases Statistical Areas)

D. CMSAs (Consolidated Metropolitan Statistical Areas)

5506. Young couples who have children very soon after marriage_______________?
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A. are quite content with their lot

B. experience constant elation

C. spend very little time together

D. all of the above

5507. A nineteenth-century model of rote education which imitated the assembly line was called the______________?
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A. Lancaster system

B. Schumpeterian system

C. Topeka system

D. Birmingham system

5508. The ethnic groups among whom arranged marriages are common include______________?
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A. Indians (natives of India)

B. Muslim

C. Hasidic Jews

D. All of the above

5509. Latent functions of government include_______________?
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A. the rise of administrative elites

B. war

C. health care

D. public education

5510. Cohabitation_______________?
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A. among college-educated high-income groups

B. is most popular among the 24-35 age group

C. only A and B

D. among working couples

5511. The teenage birthrate_______________?
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A. none of the above

B. is highest among white teenagers

C. has declined in the past several years

D. has soared in the past two years

5512. Marx believed religion was used to_______________?
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A. support the exploitation of the masses

B. help people improve their lives

C. attain immortality

D. deal with reality

5513. Which method of child care is best for children ?
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A. Being in a day-care center with other children of the same age

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

C. Being cared for by the biological mother even if she would rather work outside the house

D. We do not really know

5514. In some cultures a women a can have several husbands at one time. This custom is called____________?
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A. polyandry

B. serial marriage

C. lunacy

D. polygyny

5515. Politics may be defined as_______________?
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A. the statuses and roles that enforce the law

B. the legitimate use of force within a territory

C. all of the above

D. the process by which individuals and groups acquire power

5516. Social institutions________________?
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A. are ingrained patterns of behavior representing solutions to universal human needs

B. are things like banks and schools

C. all of the above

D. make up cultural components

5517. suburbanization today is based on__________________?
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A. the grass being greener in the suburbs

B. skin color only

C. social class

D. homogeneous families

5518. In developing nations cities are growing along with rural areas because_______________?
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A. all of the above

B. of high birth rates

C. cultural values encourage large families

D. of lower death rates

5519. Liberation theory is______________?
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A. another name for atheism

B. a fusion of Christianity and Marxism

C. a doctrine of personal transcendence

D. a branch of Roman Catholicism

5520. A ghetto tends to contain________________?
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A. residents who make up an economic underclass

B. a concentration of one racial group in an area

C. all of the above

D. slums

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