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
3501. Cooleys Lookingglass self refers to______________________?
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A. a persons perception as to what others think of him/her

B. negative self-image

C. positive self-image

D. self-regard based on instinct
3502. In the United States___________________?
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A. values norms and beliefs are often in conflict

B. values norms and beliefs are always in agreement

C. people value and believe what they please because its a free country

D. values norms and beliefs are unimportant

3504. The development of modern culture is CHIEFLY dependent upon ?
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A. grasping ability of the hand

B. bifocalism

C. upright posture

D. complex symbolic communication
3506. Deviance is relative because ____________?
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A. the definition of social norms varies by culture and subculture

B. no two people agree what deviance is

C. moralists prefer the term immorality

D. psychologists prefer the term abnormality

3507. 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. Gang imitation theory

B. Differential association

C. Anomie

D. Labeling theory

3508. An extreme example of the consequences of ethnocentrism in the sense of ethnochauvinism is_____________?
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A. assimilation

B. ethnic cleansing

C. cultural relativity

D. ethnic pluralism

3509. The difference in the three most prevalent economic systems lies in how ?
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A. easy it is become rich

B. profits are made

C. much the government interferes in the economy

D. the people respect the government

3510. A number of social commentators fear that having become a nation of hyphenated Americans ?
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A. we may begin to our national identity

B. we must keep out all new immigrants

C. we will not defend the nation from invasion

D. the United States will be divided into a number of smaller nations

3511. A good example of a primary group is_________________?
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A. the U.S Army

B. a family

C. AT&T Corp

D. all of the above

3512. When the American Cigar Co buys a pizza chain the process is called________________?
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A. planned obsolescence

B. takeover attempt

C. diversification

D. monopoly

3513. A social system_____________?
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A. is a model

B. all of the above

C. illustrates how social relationships work in a group

D. is a concept

3514. In many societies cannibalism is______________?
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A. a cultural trait

B. a cultural complex

C. a taboo

D. mores

3515. An example of unconscious socialization would be____________________?
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A. child taught to use knife and fork

B. child taught to read

C. correcting childs use of worlds

D. child absorbing parents attitudes toward race
3516. Human life is acted out within a triangle of_______________?
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A. rules roles and norms

B. income safety and deference

C. class status and power

D. society culture and the individual
3517. The theory of symbolic interactionism in personality formation is associated with_______________?
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A. William Sheldon

B. Abraham Maslow

C. Charles Horton Cooley

D. George Herbert Mead

3518. The term Neo-Freudian refers to__________________?
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A. thinkers influenced by Freud who have modified his ideas

B. thinkers opposed to psychoanalysis

C. thinkers prior to Freud who anticipated his ideas

D. behavior based on sexual drives

3519. Conflict_______________?
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A. underlies both competition and coercion

B. is diametrically opposed to competition

C. is a hostile form of struggle?

D. all of the above

3520. The social sciences lack ?
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A. generalization

B. theories

C. scientific laws

D. concepts

3521. It is the function of Congress to_______________?
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A. unanimously approve treaties

B. vote funds for conducting foreign affairs

C. decide the constitutionality of specific laws

D. conduct foreign affairs

3522. Today most workers in the United States are employed in the_________________?
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A. primary sector

B. secondary sector

C. quaternary sector

D. tertiary sector
3523. Which of the following refers to Piaget,s developmental theory ?
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A. The most important influence on personality development is social class

B. Personality development proceeds in stages related to sensorimotor maturation

C. Personality development acts independently of physical development

D. Behavior is the product of genetic predispositions

3524. The following factors are important in production_______________?
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A. animal vegetable object

B. earth wind fire

C. technology time efficiency

D. water space air

3525. Agrarian societies are based on_____________?
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A. factories

B. farm animals

C. hunting animals

D. the use of the plow
3526. Maturation for humans involves ?
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A. physical development

B. the development of instincts

C. learning to be responsible

D. socialization

3527. The family is the prime example of a(n) ?
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A. primary group

B. secondary group

C. Gesellschaft

D. voluntary group

3529. Norms are_______________?
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A. social rules of behavior

B. important institutions

C. specific roles

D. name given to certain kinds of laws

3530. When a few powerful corporation dominate as industry the condition is called_____________?
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A. government control

B. a free market for all

C. oligopoly

D. none of the above

3531. Socialization happens in__________________?
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A. children

B. persons of all ages

C. adults

D. infants

3533. 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

3534. According to the text the following people were/are deviant ?
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A. The Hell,s Angels

B. Joan of Arc

C. Mozart

D. People with high IQs

3535. An extreme type of coercive organizations is called a(n) _______________-?
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A. total institution

B. economic institution

C. oligarchy

D. public institution

3536. Ethnocentrism refers to_______________?
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A. the attitude that certain values and practices are common to all cultures

B. an attitude with which members of one society judge another society according to their own standards

C. the attitude that cultures be analyzed on their own terms

D. all of the above

3538. Language____________?
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A. passes on knowledge from generation to generation

B. all of the above

C. helps humans to cooperate

D. reflects changes in society

3539. Emotional stress and maladjustment may occur as a result of______________?
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A. faulty role performance

B. improperly learned roles

C. all of the above

D. status inconsistency

3540. Constitution are_________________?
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A. possible only in industrial societies

B. instruments for limiting governmental power

C. characteristic of democracies only

D. signed documents

3541. In industrial societies consumption ?
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A. maintains and fuels demand

B. must always be limited

C. is viewed unfavorably

D. is not a factor

3542. Most ideologies consist of________________?
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A. a body of doctrines beliefs and symbols

B. a set of complex algebraic expressions

C. ideas derived exclusively from ancient Greece

D. ideas that have been in existence for centuries

3543. Every hypothesis must ?
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A. predict a causal relationship

B. predict a relationship between two factors

C. be general

D. be based on scientific theory

3544. Advocates of the elitist approach believe that the ruling elite maintains its power by____________?
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A. explaining the truth to the people

B. physical force

C. manipulation of the masses

D. none of the above

3545. Utilitarian organizations are so named because they ?
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A. provide useful services to the community

B. serve the practical purposes of their owners

C. produce useful things

D. provide material benefits in exchange for work
3546. Shortcomings of interest groups include______________?
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A. injecting partisan ideologies into political parties

B. the dissemination of biased information

C. stifling minority voices

D. creating splinter parties

3547. Ethnocentrism has two meanings The version which may alternatively be called ethnochauvinism refers to the conviction that__________________?
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A. other cultures can be judged by the standards of one,s own

B. women are subordinate in every culture

C. one,s own culture subculture or society is best bar none

D. the males of a given ethnic group are superior

3548. Laws are_______________?
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A. casual folkways

B. less important than folkways

C. informal norms

D. formal norms enforced by the state
3549. A separation of institutional forms is most characteristic of__________________?
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A. pastoral societies

B. horticultural societies

C. industrial societies

D. agricultural societies

3550. An individual learns to be a human being by______________?
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A. instincts

B. in our society watching television

C. cosmic influences

D. socialization