economics MCQs – Page 310

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 Review each marked answer and report any item that may be outdated or unclear.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

6181. Role conflicts tend to occur______________?
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A. because we must fulfill several demanding roles simultaneously

B. over scarce resources

C. all of the above

D. within aggregates

6182. Why is the private ownership of property deemed beneficial ?
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A. It is the American way

B. Greed makes the world go around

C. keeping up with the Joneses leads to success

D. None of the above

6183. Social structure refers to_________________?
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A. biological cell patterns

B. patterns of individual behavior

C. what the individual becomes in society

D. norms roles and group in a social system

6184. According to George H.Mead mind is________________?
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A. the source of experience

B. the acting subject as opposed to object

C. an emergent outcome of social acts

D. none of the above

6185. Which is NOT a presidential role ?
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A. Chief Justice

B. chief diplomat

C. party leader

D. commander in chief of Armed Forces

6186. Max Weber intended his ideal type of bureaucracy as an_______________?
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A. idealized or exaggerated model of rational administration

B. explanation of elite domination

C. accurate description of existing bureaucracies

D. obviously false portrait of democratic administration

6187. Utilitarian organizations include_____________?
0

A. businesses and industries of all types

B. professional and religious organizations

C. the military prisons and mental hospitals

D. all of the above

6188. Government____________?
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A. all of the above

B. is a pivotal institution

C. is the acting arm of the state

D. includes the political process

6189. Personality may be seen as a circular system in that____________?
0

A. all feelings revolve around the self

B. personality affects roles and vice-versa

C. all experience is based on preconceptions

D. every adult experience cycle back to childhood

6190. Deviance contributes to social change in that________________?
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A. some actions initially defined as deviant eventually become generally accepted

B. deviant acts invariably point to outdated rules

C. todays deviant is tomorrows leader

D. deviance is a fad

6191. Americans are likely to experience culture shock_______________?
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A. when they come in contact with an unfamiliar culture

B. when they inadvertently see a pornographic movie

C. every time a new administration comes into office

D. when they witness atrocities committed in wars

6192. Effective social movement leadership requires_______________?
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A. taking tactical advantage of trends and opportunities

B. all of the above

C. procedures for succession

D. marketing skills

6193. Experiments_______________?
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A. are conducted in both field and laboratory setting

B. involve the risk that people may modify their behavior

C. must involve control groups of some kind

D. all of the above

6194. The main problem facing societies with a surplus is_____________________?
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A. what to produce how produce it and for whom to produce it

B. there is no problem it is divided equally

C. how to keep it away from enemies

D. how to get rid of it

6195. Statuses are based on______________?
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A. gender

B. division of labor

C. age

D. all of the above

6196. Which of the following is a group ?
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A. lines of people at a supermarket checkout counter

B. spectators watching the construction of a building

C. commuters riding a train

D. softball players performing in a playoff tournament

6197. The transitional period between the dominance of one party or another is called_______________?
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A. dealignment

B. alignment

C. derailment

D. realignment

6198. Anthropologists have developed ?
0

A. methods of explaining human behavior

B. a number of theories

C. laws governing ancient societies

D. none of the above

6199. People often accept social control based on________________?
0

A. negative sanctions

B. positive sanctions

C. violence

D. harsh rules

6200. Countercultures are_______________?
0

A. subcultures that refuse to assimilate

B. groups whose values differ from the mainstream

C. groups whose values are in explicit opposition to those of the wider societal culture

D. the most active subcultures

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