economics MCQs – Page 300

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 Review each marked answer and report any item that may be outdated or unclear.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 economy2. profit maximizing under perfect competition and monopoly3. application of economics4. the aggregate demand aggregate supply model5. surplus6. money interest rates and output7. average and total cost8. stabilization adjustment reform and privatization9. risks and diversification efficient market hypothesis10. the phillips curve11. supply and demand12. capital formation investment choice information technology and technical progress13. aggregate supply unemployment and inflation14. elasticity15. comparative gdp16. roots of modern macroeconomics17. production factors18. poverty malnutrition and income inequality19. trade regulations and industrial policies20. monetary union21. exchange rate systems and currency crises22. economic development in historical perspective23. exchange rate determination24. monopoly competition25. the balance of payments26. inflation productivity27. macroeconomic issues and analysis28. employment migration and urbanization29. macroeconomic policy tools30. supply side policies31. exchange rate adjustments and the balance of32. miscellaneous33. taxation34. trade policies for the developing nations35. markets efficiency and the public interest36. the external debt and financial crises37. budget deficits and the trade balance38. alternative theories of the firm39. public goods40. the meaning and measurement of economic development41. characteristics and institutions of developing countries42. agriculture irrigation system of pakistan43. education health and human capital44. economic problems of developing countries45. theories of economic development46. basic of economics47. consumer theory vs real consumers48. applied microeconomics49. long term economic growth50. externality internality51. fiscal and monetary policy52. prices wages taxes53. balance of payments aid and foreign investment54. international factor movements and multinational corporations55. entrepreneurship organization and innovation56. the international economy and globalization57. population and development58. non tariff trade barriers59. foundations of modern trade theory60. global economic development61. market62. rural poverty and agricultural transformation63. regional trading arrangements64. foreign exchange65. introduction to economics66. world economy miscellaneous67. sources of comparative advantage68. natural resources and the environment toward sustainable development69. monopoly70. asymmetric information71. income inequality72. labour market73. tariffs74. development planning and policy making the state and the market75. oligopoly76. industrial development77. costs supply and perfect competition78. human capital79. monetary fiscal and incomes policy and inflation80. stocks
5981. Which is characteristic of a strictly closed society ?
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A. Class

B. Estate

C. Strata

D. Caste
5982. Which groups are hardest hit by the death of a spouse ?
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A. The more elderly widowers

B. Women who derived their identity from being someones wife

C. Women living in large cities those with small incomes and those who are fairly young

D. all of the above
5983. It is true of the population of the United States that_________________?
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A. it is getting older

B. there are more women than men

C. rural and sunbelt areas attract only the young

D. it is BOTH older and more female
5984. Membership in specific racial ethnic and religious groupings is________________?
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A. a variable of the stratification system

B. a biological rather than a social product

C. the cross every individual must bear

D. characteristic only of industrial societies

5985. One of the side effects of advertising is that it________________?
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A. creates artificial demands

B. none of the above

C. helps the wealthy get richer

D. supplies the real needs of people

5986. Which society lacks social classes totally ?
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A. none of the above

B. The Soviet Union

C. China

D. The United States

5987. Life expectancy is____________________?
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A. lower for the middle class

B. lower for the upper-middle class

C. about the same across social classes

D. lower for the lower classes

5988. There is no conclusive evidence that differences in the behavior of the two genders are due to______________?
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A. all of the above

B. anatomical differences

C. hormonal differences

D. chromosomal differences

5989. Urbanism is associated with_____________________?
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A. increase in anomie and alienation

B. extended families

C. Gemeinschaft society

D. public transportation

5990. Ideologies___________________?
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A. always abhor fanaticism

B. never distort the truth

C. direct people to act in a certain way

D. refer to the study of ideas

5991. When farms are destroyed in favor of factories and suburbs it is an example of_____________?
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A. secularization

B. none of these

C. popularization

D. urbanization
5992. The strongest urge that all living creatures feel is to__________________?
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A. reproduce themselves

B. be important

C. avoid stress

D. feel respectable

5993. By what method were the first cars ever manufactured produced ?
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A. Assembly-line method

B. Craft method

C. Production-line method

D. Lean-production method

5994. Chemical pesticides________________?
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A. are harmless to humans

B. leach out of the ground quickly

C. continue to control pests for many years

D. can be toxic to other forms of life
5995. Social movements never_________________?
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A. gain control of governments

B. are voluntary associations

C. none of the above

D. develop into political parties

5996. The urban trends resulting from the industrial Revolution include_________________?
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A. a return to Biblical religions

B. strengthening primary ties

C. homogeneous population

D. reduced family size

5997. Unions face WHICH of the following problems ?
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A. Increasing white-collar membership

B. Loss of membership

C. Expansion of the manufacturing sector

D. Antitrust laws

5998. Admiration of power and intolerance of differences is linked to a_________________?
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A. authoritarian personality

B. unprejudiced personality

C. totalitarian personality

D. Democratic personality

5999. When a minority group accepts the culture of the dominant group it is called_______________?
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A. amalgamation

B. accommodation

C. assimilation

D. acculturation

6000. Primary deviance______________?
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A. is deviance of which we are all guilty at one time or another

B. occurs when deviants accept the label

C. is a more serious offense than secondary deviance

D. is the first deviant act ever discovered