economics MCQs – Page 326

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 Review each marked answer and report any item that may be outdated or unclear.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

6501. The current Palestinians are a_____________?
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A. state split among several nations

B. nation split among several states

C. state without a nation

D. nation without a state

6502. According to criminologists_______________?
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A. the death penalty does act as a deterrent

B. the death penalty does not act as a deterrent

C. it is preferable to judge each criminal case individually

D. the death penalty is a sing of an uncivilized society

6503. The theory of symbolic interactionism in personality formation is associated with_______________?
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A. Charles Horton Cooley

B. George Herbert Mead

C. William Sheldon

D. Abraham Maslow

6504. It may be said that the three branches of government________________?
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A. undergo checks and balances among one another

B. are absolutely separated from one another

C. make for speedy decision making

D. are integrated into a cohesive unit

6505. Howard Becker,s term for the process whereby individuals are accused sermonized and punished is_______________?
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A. primary deviance

B. tertiary deviance

C. secondary deviance

D. labeling

6506. Fascism first emerged ?
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A. In South Africa under apartheid

B. in Argentina under Juan Peron

C. in Italy under the leadership of Benito Mussolini

D. in Germany under the leadership of Adolf Hitler

6507. In the metaphor of the looking-glass self the looking glass represents ?
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A. the persons self-feeling such as pride

B. all of the above

C. the imagined judgments of others

D. the expressed judgment of one,s peers

6508. When did the United States government begin to function as a cohesive unit ?
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A. At the signing of the Declaration of Independence

B. After the Constitutional Convention of 1788

C. At the Inauguration of George Washington in 1789

D. Both B and C

6509. Labeling theory has been criticized because_________________?
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A. an undiscovered teller who steals from his bank is still a deviant

B. it discounts the power of anomie

C. it is necessary to be realistic about peoples behavior

D. it does not take biology into consideration

6510. Agrarian societies are based on_____________?
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A. farm animals

B. hunting animals

C. factories

D. the use of the plow

6511. Master status refers to________________?
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A. the position from which all other positions are derived

B. the attainment of recognized excellence

C. a dominant position in a relationship

D. the most widely recognized among several positions

6512. Which is an ascribed status ?
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A. Exotic dancer

B. Thief

C. President of the U.S

D. Black female

6513. For a young guitar player a rock band seen on TV would represent a (n) ?
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A. membership group

B. all of the above

C. involuntary group

D. reference group

6514. Norms are_______________?
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A. important institutions

B. name given to certain kinds of laws

C. specific roles

D. social rules of behavior

6515. Economic policies do not work as well as they should because of obstacles posed by______________?
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A. all of the above

B. implementation

C. interpretation

D. timing

6516. Ethnocentrism has two meanings The version which may alternatively be called ethnochauvinism refers to the conviction that__________________?
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A. one,s own culture subculture or society is best bar none

B. other cultures can be judged by the standards of one,s own

C. the males of a given ethnic group are superior

D. women are subordinate in every culture

6517. A social system_____________?
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A. illustrates how social relationships work in a group

B. all of the above

C. is a concept

D. is a model

6518. Criminologists Cloward and Ohlin Classified delinquent gangs into which of the following categories ?
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A. Ritualistic territorial rebel

B. Criminal realist conflict

C. Realist drug and alcohol territorial

D. Conflict subcultural criminal

6519. A low incidence of crime is more characteristic of________________?
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A. societies that value the social group over the individual

B. homogeneous societies

C. societies with a ruthless police force

D. only and b

6520. When the government must pay for fighter planes based on commitments made five years previously the spending the spending is called________________?
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A. unavoidable

B. balanced

C. uncontrollable

D. discretionary

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