economics MCQs – Page 301

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 Review each marked answer and report any item that may be outdated or unclear.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

6001. Switzerland is an example of nation that______________?
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A. displays no self-interest

B. looks out for its own interests only

C. wishes to absorb other nations

D. plans to enlarge its power over other nations

6002. The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?
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A. individual discrimination

B. nature of life

C. structural discrimination

D. personal discrimination

6003. Urbanism is defined as________________?
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A. the migration of people from rural to urban centers

B. a set of attitudes and a way of life distinct from the rural

C. the study of the growth and decline of populations

D. the growth of cities and suburbs at the expense of rural areas

6004. In order to raise the GNP and the GDP per capita one must____________?
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A. earn more money

B. increase absenteeism

C. increase productivity

D. decrease productivity

6005. A population pyramid shows__________________?
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A. sex and age distribution within a population

B. the relation between population growth and food supply

C. the ratio between a nation,s standard of living and its population density

D. the relation between population and land area

6006. Japans lean production method is modeled on a system worked out at_______________?
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A. Toyota Motors

B. Mazda Motors

C. Mitsubishi Motors

D. Nissan Motors

6007. Which perspective assumes that actors other than states are also important and s whether states are unitary actors ?
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A. Realism

B. Globalism

C. Idealism

D. Pluralism

6008. What forces prices down ?
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A. Elastic demand

B. Inelastic demand

C. Large consumer purchasing power

D. Inferior products

6009. Women are a minority group insofar as_______________?
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A. all of the above

B. they control few resources

C. they are treated unequally and are aware of their minority status

D. they are residentially segregated

6010. Overpopulation can result in________________?
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A. price stability

B. environmental damage

C. higher literacy

D. increased public services

6011. Which is NOT a type of social differentiation ?
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A. Ethnicity and race

B. Stratification

C. Sex and age

D. Head shape and eye color

6012. The trend toward early retirement seems to be______________?
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A. the inevitable outcome of modernization

B. none of the above

C. a reasonable response to the declining intellectual performance that occurs after age 55

D. irreversible

6013. Public opinion is associated with_______________?
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A. primary groups

B. face-to-face-communication

C. mass society

D. emergent norms

6014. Power is defined by Max Weber as the ability to__________________?
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A. gain consent

B. be the strongest in mind and body

C. do as one pleases

D. carry out one,s wishes in spite of resistance

6015. By advocating the acquisition of more androgynous roles by both men and women what is meant is that________________?
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A. we should combine male and female sex-typed traits

B. we should adopt passive roles

C. bisexuality should be the norm

D. we should adopt blurred ill-defined roles

6016. When the public perceives that the government has failed the state may be said to be undergoing________________?
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A. revolution

B. involution

C. a crisis of confidence

D. a crisis of legitimacy

6017. White -collar crime_____________?
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A. is punished more severely than blue-collar crime

B. gains small amounts of money for its perpetrators

C. is based on violence

D. is very costly to society

6018. The feminization of poverty refers to________________?
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A. an equal number of men and women being poor now

B. the fact that most men are rich

C. the fact that female-headed households are usually poor

D. the fact that women are more blessed than men in spite of poverty

6019. In Africa many children are_________________?
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A. detested by non-Catholics

B. sings of a good harvest

C. symbols of disgrace

D. social security for the future of the parents

6020. Conflicts between the dominant group and minorities develop because_________________?
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A. minorities perceive themselves as different

B. minorities are perceived as different

C. the dominant group has coercive power

D. all of the above

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