economics MCQs – Page 291

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 Review each marked answer and report any item that may be outdated or unclear.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

5801. Standard English and the music of music This belief is an example of_______________?
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A. structural discrimination

B. attitudinal discrimination

C. elitist discrimination

D. individual discrimination

5802. The state has the following relationship to force__________________?
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A. it has a monopoly on it

B. it lacks it completely in democracy

C. it gives it up to the people

D. it shares it with the citizens

5803. Political control refers to________________?
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A. social control exercised by peers

B. any social control

C. social control exercised by the government

D. being forced to vote

5804. Which of the following is NOT within the secondary economic sector ?
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A. Home construction

B. Salmon canning

C. Oil drilling

D. All of these

5805. Publics and public opinion________________?
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A. are more characteristic of complex societies than of simple ones

B. have special meanings in traditional societies where conflicting issues are common

C. are more frequent in totalitarian societies than in democratic ones

D. express the values of leaders of society

5806. Marx regarded religion as______________?
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A. a deliberate hoax on the part of dominant classes

B. alienating on both personal and social levels

C. an opiate

D. all of the above

5807. The nuclear from of the family often appears in_________________?
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A. traditional agrarian societies

B. locations where there is the need for large families

C. industrial societies

D. rural areas

5808. Members of an ethnic group_________________?
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A. share social and cultural traits

B. share physical traits

C. are heterogeneous

D. share behavioral traits

5809. Marriage is_________________?
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A. any union of males and females

B. a union recognized as legal by a society

C. always endogamous

D. always monogamous

5810. The Cuban community in Miami is an example of______________?
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A. acculturation

B. accommodation

C. segregation

D. assimilation

5811. In economic terms every action entail________________?
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A. risk

B. prime costs

C. fixed costs

D. opportunity costs

5812. Which are manifest functions of schools ?
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A. To reinforce the norms of the society

B. All of the above

C. To teach skills

D. To teach the values prevalent in the society

5813. A minority group consists of______________?
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A. fewer people than the majority group

B. the hostile subcultures in the society

C. the most recently settled immigrants

D. people distinguished by their physical or cultural traits

5814. If a broad spectrum of the population is surveyed at a given time the study is called______________?
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A. longitudinal

B. descriptive

C. cross sectional

D. inferential

5815. Which of the following is true ?
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A. Lower-class students do as well academically as those from higher social classes

B. Students with low levels of self-esteem and low levels of confidence tend to do poorly in school

C. Testing consistently low does not affect a students self-confidence

D. Students are seldom able to evaluate their own abilities

5816. A nationalistic revolution occurred in the________________?
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A. French Revolution

B. Cuban revolution of 1959

C. communist takeover of China in 1949

D. American Revolution

A. the discovery of noodles

B. an innovation in agriculture

C. diffusion

D. the invention of pasta machines

5818. Collective behavior is________________?
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A. emergent

B. nonroutine

C. alienating

D. convergent

5819. In his book The Inevitability of Patriarchy Steven Goldberg asserts that_____________?
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A. matriarchal societies have never existed

B. men perform the highest status non-maternal roles in all societies

C. all of the above

D. men dominate male-female relationships

5820. Most societies________________?
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A. accept all kinds of man-women unions

B. discourage marriage

C. pay couples to have children

D. encourage marriage

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