economics MCQs – Page 288

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 Review each marked answer and report any item that may be outdated or unclear.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

5741. Which of the following does NOT appear to be a factor in divorce_______________?
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A. marriage after an engagement of over three years

B. differences in occupational goals and careers

C. dramatic differences in family backgrounds

D. pregnancy shortly after marriage

5742. The family today influences_______________?
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A. attitudes on politics

B. none of the above

C. hospitalization rates

D. production activities

5743. Discrimination is_______________?
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A. belief in the superiority of one,s own group

B. racial hatred

C. an attitude or feeling of dislike for a certain group

D. an action taken as a result of prejudicial feelings

5744. The most recent view of black family problems is that they are a result of_______________?
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A. biology

B. the heritage of slavery

C. historic events of recent years

D. none of the above

5745. Scientists agree that________________?
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A. there are no races

B. there are three races

C. there are fifty two races

D. all of humankind is descended from the same common stock

5746. American foreign aid after World War II_________________?
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A. boosted international trade

B. prevented revolutionary movements from starting in a number of nations

C. helped the domestic economies of industrial nations

D. all of the above

5747. A crisis of legitimacy indicates that_______________?
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A. better government propaganda is in order

B. the social order requires piecemeal reform

C. general apathy has overtaken the public

D. the public perceives that legitimate government has failed

5748. The natural environment is_________________?
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A. the total complex of manmade elements in an area

B. the way humans found the earth

C. mountains oceans rivers and deserts

D. the totality of natural conditions and resources that occur in a specific area

5749. The experience of loss or impending loss of a person to whom one is close is called______________?
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A. displacement

B. disengagement

C. bereavement

D. bequeath Ent

5750. Weber,s Protestant Ethicis_______________?
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A. an explanation of Third-World underdevelopment

B. a vindication of the morality of capitalism

C. a refutation of economic determinism

D. a rejection of the ideological function of religion

5751. What percent of total work hours must be used to fix errors that occur on the assembly line in mass-production plants ?
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A. 25%

B. 40%

C. 35%

D. 50%

5752. In the perspective of realism high politics refers to________________?
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A. social and economic issues

B. cultural interaction

C. diplomatic relations

D. issues of war and security

5753. Marxists are most interested in_______________?
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A. coups d,etat

B. class revolutionary movements

C. nationalistic revolutionary movements

D. guerrilla fighting

5754. The conflict theory of inequality is based on the work of______________?
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A. Talcott Parsons

B. Karl Marx

C. Charles Darwin

D. Kingsley Davis

5755. In industrial societies the social class most likely to participate in social movements is the__________?
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A. lower class

B. middle class

C. all social classes equally

D. upper class

5756. The pivotal institution of government_________________?
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A. exists only theoretically or in a rudimentary form on the international level

B. is represented by the U.N on a global level

C. exists in every nation

D. is lacking in Third-World nations

5757. All religions once established consist of_________________?
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A. church clergy and believers

B. beliefs rituals and organization

C. dogma ecclesia and faith

D. doctrine sacraments and priests

5758. An example of resource versatility is_________________?
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A. land used for both mining and recreation

B. Swimming fishing and boating in the same lake

C. stringing beads in the morning fishing in the afternoon, and teaching bead stringing at night

D. All of the above

5759. Taxes may be considered_____________?
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A. additions to the circular flow

B. as not affecting the economic flow

C. withdrawals from the economic flow

D. injections into the economic flow

5760. Social scientists explain the incest taboo as_______________?
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A. all of the above

B. a religious universal

C. biologically programmed

D. way of reducing family conflict

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