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
3401. Which is NOT a socioeconomic goal _______________?
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A. Full employment

B. Low prime interest rate

C. High and equitably distributed income

D. Reasonable price stability

3402. A sample survey deals with_______________?
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A. a statistically valid section of a population

B. asking people who walk by to fill out naires

C. an entire population

D. eating samples at various supermarkets

3403. The powers held by the states include those that are________________?
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A. delegated

B. confederate

C. reserved

D. legislative

3404. The newest challenge to the family,s formerly exclusive claim to the socialization of its children has come from ?
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A. the day-care center

B. child psychotherapy

C. the peer groups

D. the mass media

3405. Correlation differs from causation in that correlation ?
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A. occurs among more than two variables

B. precedes causation

C. occurs purely by chance

D. only indicates a probable relation

3406. Merton attributed deviance to anomie meaning ?
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A. neurosis

B. mental retardation

C. lack of legitimate means to attain group goals

D. wild mood swings

3407. The process of circulating petitions in order to place specific issues before the legislators is called____________?
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A. innuendo

B. initiative

C. impressment

D. appeasement

3408. A symbiotic relationship exists between__________________?
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A. the two political parties

B. the press and politicians

C. all of the above

D. the president and Congress

3409. According to George Herbert Mead the self is______________?
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A. the equivalent of the libido in Freuds theory

B. a persons conscience

C. the subconscious mind

D. an individuals self-concept or self-awareness
3410. All languages encompass and express notions of____________?
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A. shame and quilt

B. past and future

C. none of the above

D. love and endearment

3411. The Industrial Revolution shifted the emphasis in ownership from land to______________?
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A. gold and silver

B. precious spices

C. serfs

D. the means of production machines tools materials
3412. According to the labeling theory which of the following concepts explains why a labeled individual becomes deviant ?
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A. Resocialization

B. Ethnocentrism

C. Self-fulfilling prophecy

D. Rebellion

3413. A working wife and mother is likely to encounter ?
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A. no role involvement

B. role happiness

C. role strain

D. the best of both roles

3414. What models did the frames of the Constitution use for the office of the presidency ?
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A. Middle Eastern dynasties

B. The European monarchs

C. None

D. American Indian chiefdoms

3415. An anthropologist living with a group of people and engaging in some of their rituals is using the following research method ?
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A. experiment

B. statistical survey

C. participant observation

D. sample survey

3416. The human infants first step in socialization is_________________?
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A. walking

B. speaking

C. awareness of self

D. crying

3417. Adult socialization typically_____________?
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A. occurs incidentally and unconsciously

B. involves acquiring a self-image

C. all of the above

D. is less effective and easier to resist than childhood socialization
3418. Cultural universals include ?
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A. personal adornment

B. all of the above

C. food taboos

D. music
3419. The group way of life characteristic of humans may be traced to____________?
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A. our human ancestors way of life in trees

B. the fact that human infants are helpless for a long period of time

C. a faulty genetic development

D. the small size of humans relative to other animals

3420. From a sociological viewpoint to say that deviance has functions means that ?
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A. deviance may contribute to group cohesion

B. deviant acts serve the individual,s purpose

C. successful deviants become stronger people

D. deviant acts are escape valves for anxiety

3421. Symbolic interaction ism functionalism conflict feminism exchange are_____________?
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A. issues in psychology

B. theoretical models used by sociologists and anthropologists

C. the vocabulary of computer science

D. economic theories

3422. Which of the following is NOT an example of a subject investigated by social scientists ?
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A. The interaction of various drugs in humans

B. Case study of an urban gay community

C. The course of population growth and decline

D. The functioning of supply and demand

3423. According to the broker rule school of though________________?
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A. power is in the hands of a small group of individuals

B. the fewer interest groups exist the greater the stability of the political system

C. Wall street brokers and other bankers hold the effective reins of government

D. power is diffused among numerous interest groups who compete and compromise on the decision-making process
3424. The elitist school of thought asserts that______________?
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A. the elite is not always against the masses

B. the elite displays a monolithic power structure

C. the elite always works against the public interest

D. the masses should rebel against the elite

3425. Totalitarian regimes_____________?
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A. control only political life

B. control the individual socially and politically

C. leave individuals human and civil rights intact

D. deal only with economic and foreign policy matters

3426. The current transitional period in which there is uncertainty as to what will happen to political parties is termed ?
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A. retrenchment

B. alignment

C. realignment

D. dealignment
3427. Which of the following is an example of material culture ?
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A. The football itself

B. A football games

C. competition is good for you

D. The NFL rules

3428. The master status of George W.Bush was______________?
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A. president

B. jogger

C. husband

D. dog owner

3429. Which is an ascribed status ?
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A. Exotic dancer

B. Black female

C. President of the U.S

D. Thief

3430. Supervising and investigating the manner in which the legislative bureaucracy carries out and implements the laws Congress passes is a function called_____________?
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A. oversight

B. control of Congress

C. Ways and Means

D. supervision

3431. 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. coercion

B. contest

C. competition

D. violence

3432. Socialism and communism both call for________________?
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A. abolition of private property

B. government controlling parts of the economy for the common good

C. totalitarian government and dictatorship of the proletariat

D. revolutionary change

3433. People manipulate the social world which helps them to______________?
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A. change the nature of the physical environment

B. regulate the environment

C. adapt to the environment

D. take over the environment

3434. Fascism first emerged ?
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A. In South Africa under apartheid

B. in Italy under the leadership of Benito Mussolini

C. in Germany under the leadership of Adolf Hitler

D. in Argentina under Juan Peron

3435. The social sciences have no laws because ?
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A. the various disciplines squabble among themselves

B. social science research techniques are flawed

C. none of the above

D. social scientists are a lawless group

3436. 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
3437. Variables that exercise influence on other variables are called ?
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A. none of the above

B. independent variables

C. dependent variables

D. constants

3438. When supply and demand are essentially equal the economy is said to be in________________?
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A. equivalence

B. abeyance

C. equilibrium

D. a recession

3439. A detailed investigation of a single social unit in order to study it in depth is______________?
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A. participant observation

B. laboratory experiment

C. sample survey

D. a case studies
3440. Resources are defined as___________________?
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A. everything that is needed for the production of goods and services including human energy

B. anything that is produced in factories

C. anything that is manmade

D. anything that is derived from natural including

3441. Ethical neutrality is the opposite of_________________?
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A. judgmental social science

B. generalization

C. objectivity

D. participant observation

3442. A major criticism of Fred,s theory is__________________?
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A. his stress on the spiritual facet of personality

B. his overemphasis on early childhood

C. his overemphasis on adulthood

D. none his theory is widely accepted

3443. Weber,s abstract model of bureaucracy entails______________?
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A. task specialization governed by explicit rule

B. leadership by a self-appointed

C. a pyramid of authority based on inherited privilege

D. None of the above

3444. Some state powers are inferred from the power specifically delegated by the Constitution to the central government These are Called ___________?
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A. reserved powers

B. implied powers

C. residual powers

D. inferred powers

3445. It is true that the differences among the social sciences ?
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A. all of the above

B. are differences of vantage point

C. are a matter of stress?

D. consist of the examination of various facets of a social universe

3446. Most autocratic regimes have constitutions based on the principle of the_________?
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A. rule of law

B. rule of the majority

C. rule of public authority

D. rule of men
3447. The current trend in the social sciences is toward ?
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A. using whatever technique seems best to fit

B. a totally value free approach

C. using the findings of the social sciences to reform society

D. statistical and quantitative ways of investigating human behavior

3448. ideologies may be______________?
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A. all of the above

B. partial

C. comprehensive

D. abstract

3449. The psychodynamic theories of personality are associated with________________?
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A. George Herbert Mead

B. Jean Piaget

C. Charles Horton Cooley

D. Sigmund Freud
3450. Values in any society_____________?
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A. dictate conduct in every situation

B. are specifically spelled out

C. are often contradictory

D. all of the above