economics MCQs – Page 297

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 Review each marked answer and report any item that may be outdated or unclear.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

5921. Collective behavior is_______________________?
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A. based on regular norms

B. well planned

C. rather unstructured

D. individual behavior multiplied

5922. Deviance that is covered by the laws of a society is called______________?
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A. differentiation

B. crime

C. anomie

D. alienation

5923. In a developing nation people start to obtain good jobs Then inflation cuts their income the people begin to feel_________________?
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A. euphoria

B. a failure of rising expectations

C. relative deprivation

D. depression

5924. Globalism___________________?
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A. attracts young idealistic people who want to introduce a world government

B. is a movement aimed at pulling African nations into a world economy?

C. refers to the fact that capitalism has become the economic system of choice around the world

D. is a movement of religious zealots who want to introduce a common religion around the world?

5925. Womens rate of diagnosed depression is__________________?
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A. twice as high as mens

B. similar in duration to that of men

C. the same as mens

D. half that of men

5926. Conflict theorists view stratification systems as______________?
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A. resulting from class struggles

B. effects of the law of nature

C. mechanisms of coercion

D. BOTH coercive and resulting from class struggles

5927. Income received by households that is not returned to firms is called_______________?
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A. incremental

B. dissavings

C. injections

D. withdrawals

5928. Reform movements_________________?
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A. aim to change the entire society

B. may be progressive or reactionary

C. substitute one ruling class for another

D. are more successful in authoritarian than in democratic societies

5929. Among the causes of violence the most probable is/are___________________?
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A. a street ethic that requires young men to commit murder to prove their manhood

B. violence presented as entertainment by the media

C. poverty drugs and hopelessness

D. a shocking decline in moral standards

5930. Stratification occurs societies that have a____________?
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A. capitalistic system

B. equality

C. surplus

D. shortage of everything

5931. Resources are defined as______________?
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A. everything found in the ground

B. everything that is made by people

C. none of the above

D. everything needed for the production of goods and services including human energy

5932. When the supply and demand curves intersect the final lasting price is achieved This is called_____________?
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A. clearance price

B. equilibrium price

C. pressure price

D. a buyers market

5933. The transition from rural living to city living occurred because_______________?
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A. there was less need for farm workers as agriculture became mechanized

B. factories were concentrated in cities

C. social change dictated a new fad urban living

D. of BOTH a decrease in the need for farm workers and the fact that factories were located in cities

5934. Royal Dutch Shell Oil Co has branches in Holland Britain the United States and France This kind of corporation is called__________________?
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A. closed

B. multinational

C. monopolistic

D. restricted

5935. Psychologists researching the causes of prejudice have found that_______________?
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A. it may have an evolutionary origin

B. it is caused by anger

C. all of the above

D. it is directed at a target from a different group

5936. CEO stands for_______________?
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A. Caribbean Entrepreneurs Office

B. chief executive officer

C. capital employment outlay

D. clear everybody out

5937. In stratified societies categories of people are ranked by________________?
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A. none of the above

B. food is hoarded by a few

C. food is shared by all

D. hunting lacks prestige

5938. Classification of human races is_____________________?
0

A. restricted to skin color

B. clear-cut

C. done according to physical appearance

D. vague because of overlap of traits

5939. In most societies male dominance is evident through ?
0

A. the small number of legislators who are women

B. the sexual harassment situations in the military and other work places

C. the differences is pay for the same job

D. all of the above

5940. Premeditated politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents is the definition of_________________?
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A. revolution

B. coups d,etat

C. terrorism

D. social movements

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