economics MCQs – Page 319

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 Review each marked answer and report any item that may be outdated or unclear.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

6361. Personality must be considered as________________?
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A. more a function of heredity than anything else

B. role demands

C. a result of biology alone

D. interplay between environment and learned behavior

6362. A mother who says If you hang out with bums you will become a bum favors which theory of deviance ?
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A. Labeling theory

B. Differential association

C. Anomie

D. Gang imitation theory

6363. According to the text the following people were/are deviant ?
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A. Mozart

B. The Hell,s Angels

C. People with high IQs

D. Joan of Arc

6364. Manipulation of taxation and spending levels is______________?
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A. monetary policy

B. fiscal policy

C. incomes

D. revenue policy

6365. Ideologies____________?
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A. direct people to act in a certain way

B. always abhor fanaticism

C. never distort the truth

D. refer to the study of ideas

6366. Descriptive statistics_______________?
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A. allow researchers to test hypotheses

B. convey information about central tendency

C. convey information about atypical behavior

D. permit researchers to generalize from samples

6367. A major criticism of Fred,s theory is__________________?
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A. his overemphasis on adulthood

B. none his theory is widely accepted

C. his overemphasis on early childhood

D. his stress on the spiritual facet of personality

6368. The marginal productivity of labor_________________?
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A. all of the above

B. is a political as well as economic issue

C. concerns wage rates and labor supply

D. is complicated by overlapping labor markets

6369. The favorable evaluation of presidents is based on______________?
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A. strict adherence to the written Constitution

B. dynamic political leadership

C. the caretaker role

D. the teflon principle

6370. The from of interaction that occurs when two or more individuals try to possess a scarce object or value is_____________?
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A. competition

B. coercion

C. violence

D. contest

6371. An individual learns to be a human being by______________?
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A. in our society watching television

B. cosmic influences

C. instincts

D. socialization

6372. In theory communism calls for______________?
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A. abolition of private property

B. the creation of a new ruling class

C. intense nationalism

D. military expansionism

6373. A group way of life lends itself to disorder because_________________?
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A. humans are solitary creatures

B. human behavior is unpredictable

C. individuals differ in temperament goals and desires

D. the world is based on randomness

6374. Which is NOT a socioeconomic goal _______________?
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A. High and equitably distributed income

B. Full employment

C. Low prime interest rate

D. Reasonable price stability

6375. When the American Cigar Co buys a pizza chain the process is called________________?
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A. takeover attempt

B. diversification

C. planned obsolescence

D. monopoly

6376. Soft money is_________________?
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A. none of the above

B. money promised for campaigns

C. money used to purchase air time

D. money given after the election

6377. A medical model of deviance assumes that it is caused by_________________?
0

A. illness

B. abnormality

C. all of the above

D. mental defects

6378. Professionalization means________________?
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A. there is a decrease in polarization

B. the same as unemployment

C. having theoretical knowledge in addition to training

D. everyone is called by a title

6379. An extreme type of coercive organizations is called a(n) _______________-?
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A. public institution

B. oligarchy

C. total institution

D. economic institution

6380. The federal system is contrasted with a (n)_______________?
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A. unitary system

B. confederate system

C. catholic system

D. BOTH unitary and confederate systems

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