economics MCQs – Page 282

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 Review each marked answer and report any item that may be outdated or unclear.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
5621. The merging of majority and minority groups as happened in Brazil is called_______________?
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A. amalgamation

B. accommodation

C. acculturation

D. segregation

5622. Status inconsistency is defined as_________________?
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A. the condition of persons who are ranked higher in one variable of status than another

B. the mechanism high status persons use to protect themselves from competition

C. the least important dimension of stratification

D. the order of importance given to status variables

5623. Maintaining a groups distinctive customs and identity is called______________?
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A. cultural complex

B. cultural pluralism

C. cultural trait

D. cultural decline

5624. In modern society death has acquired to some extent a sense of_____________?
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A. meaninglessness

B. unnaturalness

C. appropriateness

D. ordinariness

5625. international relations include________________?
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A. declared but not undeclared wars

B. all of the above

C. public but not private diplomacy

D. legal but not illegal or black market trade
5626. The sate differs from all the other institutions in that_______________?
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A. all of the above

B. it is an abstract concept

C. its political control is complete

D. membership is compulsory for all residents of its territory except for aliens and visitors

5627. The idea that technology changes social organization and ideology is called______________?
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A. evangelical determinism

B. secular humanism

C. scientific determinism

D. technological revolution
5628. Redemptive movements include________________?
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A. the civil rights movement

B. fundamentalist Christianity

C. the antinuclear movement

D. the womens liberation movement

5629. Which of the following is NOT a characteristic of an upwardly mobile individual ?
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A. Marries later and limits family to no more than two children

B. Urban resident

C. Comes from a large family of several brothers and sisters

D. More educated than parents

5630. sociocultural change means that______________?
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A. social change is really separate from cultural change

B. the concept is a contradiction in terms

C. cultural change has nothing to do with social change

D. social and cultural change are interrelated
5631. Durkheim,s approach to religion involved the opposed concepts of_________________?
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A. children of light and children of darkness

B. sacred and profane

C. natural and supernatural

D. good and evil

5632. The technological revolution that led to the control of food production is called the_______________?
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A. Agricultural revolution

B. Paleolithic revolution

C. Industrial revolution

D. Cultural revolution

5633. The mechanisms of upward mobility of minorities did NOT include?
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A. development of a middle class

B. geographic concentration

C. internal economic development and specialization

D. a social caste system
5634. People who are suddenly thrust in a situation for which they know no precedent are vulnerable to_______________?
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A. collective behavior

B. social behavior

C. normative behavior

D. criminal behavior

5635. Social movements are forms of collective behavior that have____________________?
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A. no particular program of action

B. no specific ideology

C. an insignificant number of persons involved

D. a sense of solidarity
5636. Which statement is an example of stereotyping ?
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A. Judge each individual on his own merits

B. Talent is not the exclusive property of any ethnic group

C. All blacks are good basketball players

D. There are good and bad among all ethnic or racial groups

5637. Islam was established_________________?
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A. around the time of the apostle Paul

B. well after the founding of either Judaism or Christianity

C. about the time of Moses

D. 400 years before the birth of Jesus Christ

5638. The emergence of the sate as a result of a social contract is the hypothesis found in the work of________________?
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A. Karl Marx

B. Jean-Jacques Rousseau

C. Thomas Hobbes

D. Talcott Parsons

5639. The participants in a market include_____________?
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A. governments

B. firms

C. households

D. all of the above
5640. Structural functionalism is the intellectual descendent of________________?
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A. Social Darwinism

B. Marxism

C. Classical conservatism

D. Classical liberalism