economics MCQs – Page 285

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 Review each marked answer and report any item that may be outdated or unclear.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

5681. The Ku Klux Klan is an example of a(n)_________________?
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A. neo-Nazi movement

B. change-resistant movement

C. fascist movement

D. progressive movement

5682. Religion performs all but one of the following functions_______________?
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A. helps people deal with guilt for their transgressions offering a way back to a constructive life

B. provides answers to basic s for which there is no other authority

C. supports societal norms and values by transforming them into divine laws

D. provides a single set of norms that are universally accepted and agreed upon

5683. The cottage or putting-out system refers to_________________?
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A. the housing given factory workers

B. a type of architecture popular in Britain

C. The fact that in early industrialization work was done in the home

D. The way young people were put out to go work in factories

5684. ocial change must be analyzed in terms of________________?
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A. stability and efficiency

B. if it is good for the people

C. statics and dynamics

D. backward and forward progress

5685. Group marriage ________________?
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A. has been a consistent feature in Western societies

B. is widespread in several societies

C. has never been consistently or extensively practiced

D. is practiced among Australian aborigines

5686. The identical twin who lost his penis in a tragic accident______________?
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A. preferred dolls to guns

B. acted as a female would

C. none of the above

D. accepted his female identity

5687. A strong predictive factor of becoming an abusive parent is________________?
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A. to have felt the injustice of abuse

B. none of the above

C. to have felt unloved and unwanted by one,s own parents

D. to have come to believe that abuse is the way things are

5688. A temporary collection of people gathered in the same place at the same time becomes a crowd when they______________?
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A. respond to a common stimulus

B. are personally acquainted with each other

C. interact on a face-to-face basis

D. have the same thing in mind as to how to behave

5689. Which is NOT form of plural marriage ?
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A. Polygamy

B. Polyandry

C. Polygyny

D. Monogamy

5690. Societies with landed gentry and inherited titles resemble_________________?
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A. status systems

B. class systems

C. caste systems

D. estate systems

5691. Political control_____________?
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A. is social control exerted by forces outside the individual

B. is acquired through socialization

C. is internalized cultural learning

D. takes the place of moral control in simple societies

5692. Latino neighborhoods have prospered because________________?
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A. Latinos have a strong sense of community

B. they are well organized politically

C. they have a common culture

D. they try to use English instead of their native Spanish

5693. Change may be experienced at which level ?
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A. High and low

B. Alpha beta and delta

C. Public and public opinion

D. Micro middle and macro

5694. A number of celebrities in the entertainment world have been married five or six times They may be said to have had ?
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A. respect for polygamy

B. a faulty distribution of power in their marriages

C. the standard number of marriages in our society

D. a negative experience of married life

5695. Durkheim viewed religion as a form of social_________________?
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A. ingratiation

B. integration

C. innovation

D. recreation

5696. The blended or reconstituted family________________?
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A. is considered the wave of the future

B. has its own set of problems

C. only a and b

D. is the best solution to a failing institution

5697. Persons set apart for differential treatment include________________?
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A. those affected by physical and mental disabilities

B. the rich and famous

C. homosexuals

D. BOTH the disabled and those with same-sex preferences

5698. The average CEOs salary in 2005 was______________?
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A. 250 times that of the average workers

B. 100 times that of the average workers

C. 50 times that of the average workers

D. 262 times that of the average workers

5699. The Treaty of Westphalia established ?
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A. the principle that state religions were forbidden

B. secure borders between Germany and France

C. King Henry the VII as the Holy Roman Emperor

D. that the power of the state superseded the power of the Catholic church

5700. Durkheim believed that religion__________________?
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A. was a radical force in society

B. had nothing to do with social life

C. exploited the masses

D. was a reflection of human society

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