economics MCQs – Page 283

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 Review each marked answer and report any item that may be outdated or unclear.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

5641. The differences in behavior between men and women______________?
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A. are due strictly to biology

B. are due strictly to culture

C. are due both to biology and culture

D. are the product of totalitarian governments?

5642. Which is NOT a theory of socialization into gender roles ?
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A. social learning theory

B. identification theory

C. string theory

D. cognitive development theory

5643. The term minority may be defined as______________?
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A. any group in society that is socially dominated by another group through discrimination because of race culture religion or sex

B. a small group of people living within a large nation

C. a group of people who possess the same access to prestige privilege and power but who differ in looks

D. any small group in society which is disliked and abused

5644. Following a divorce both partners remarry in what percentage of cases ?
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A. 90%

B. 50%

C. 60%

D. 80%

5645. Which statement is false regarding prejudice ?
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A. it is almost never found in persons with an authoritarian personality type

B. It may reflect the norms of the community

C. It may be culture-conditioned or character -conditioned

D. Its source may be the personality of a specific person

5646. Religions__________________?
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A. link the human and divine orders

B. all of the above

C. reinforce societys nation of good and evil

D. provide a special feeling of belonging and power

5647. The difference in attitudes of whites and African Americans is related to_______________?
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A. age

B. social status

C. social class

D. none of these

5648. Human races reflect_______________?
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A. primarily differences in language

B. pure stock

C. differences in intelligence

D. mixtures of several populations

5649. Among the changes in the family institution which is false ?
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A. marriage rates have declined

B. there has been an increase in voluntary childlessness

C. the birthrate has greatly declined

D. families have gotten larger

5650. Prejudice persists because it________________?
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A. is learned in school

B. is based on rational though

C. causes guilt feelings and most people need a scapegoat

D. is emotionally satisfying

5651. The Industrial Revolution______________?
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A. none of the above

B. began in England in the 1800s

C. caused few sociocultural changes

D. is already finished

5652. In countries such as Iran and Iraq the Moslem religion is a(n)_______________?
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A. sect

B. denomination

C. ecclesia or universal church

D. cult

5653. The purpose of separating management from ownership is to________________?
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A. shield the board of directors from any and all responsibility

B. secure the highest possible salaries for managers

C. shield absentee owners from any and all responsibility

D. ensure that the long-term interests of the corporation outweigh short-term gains

5654. The low birthrate in the United States is related to_______________?
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A. increase of women in work force

B. increased drug use

C. able nutrition

D. none of the above

5655. Kinsey maintained that______________?
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A. people should have sex-change operations if they felt they were the wrong sex

B. sexuality exists on a continuum

C. bisexuals lack specific hormones

D. one is either a heterosexual or a homosexual

5656. According to the cognitive development theory children learn gender roles according to____________?
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A. instinct

B. attempt to elicit parental approval

C. which stage of cognitive development they have reached

D. biology

5657. The anthropologist George Murdock believes that the family _____________________?
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A. was the last institution to develop

B. has functions fundamental to human life

C. is found only in some human societies

D. is harmful and leads to schizophrenia

5658. It is true of divorce rates that_______________?
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A. they have stabilized at 3.6 per 1000 marriages

B. all of the above are true

C. they are highest in the Untied States

D. they increased dramatically with industrialization

5659. The ultimate effect of stratification systems is to________________?
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A. create inequality

B. fulfill the laws of nature

C. help people decide whom they should marry

D. provide a work force for society

5660. Industrialization was accompanied by_______________?
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A. creation of a middle class

B. continued accumulation and reinvestment of capital

C. All of the above

D. dehumanization and commodification of labor

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