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
3601. A child shows her parents how to operate a computer This situation reflects_____________?
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A. reverse socialization

B. tertiary socialization

C. secondary socialization

D. primary socialization

3602. Max Weber believed that_______________?
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A. societies should have at least three classes

B. property was the only determinant of class

C. class was based on exploitation of the masses

D. class is closely related to life chances
3603. The most important differences among humans are based on ______________ ?
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A. species separation

B. culture

C. physical aspect

D. biology

3604. Human infants in order to become successful adults need______________?
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A. social interaction

B. body contact

C. learning

D. all of the above
3605. According to the cultural transmission theory deviance is learned through________________?
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A. close association with deviants

B. being labeled as deviant

C. genetic inheritance

D. all of the above

3606. Systems of beliefs and behavior designed to meet basic human needs are called ?
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A. government

B. religions

C. the welfare system

D. institutions
3607. An example of a state that has had to worry about and defend its very physical existence is_______________?
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A. Israel

B. Lebanon

C. Palestine

D. Egypt

3608. Howard Becker,s term for the process whereby individuals are accused sermonized and punished is_______________?
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A. primary deviance

B. secondary deviance

C. tertiary deviance

D. labeling
3609. ideologies may be described as_______________?
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A. rejecting action

B. none of the above

C. complex explanations of the world

D. simplified world views
3610. Among the factors that favor individual mobility are_________________?
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A. none of the above

B. one of many children

C. late marriage

D. rural residence

3611. Serious mental disorders that often require periods of hospitalization or institutionalization are called____________?
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A. psychoses

B. neuroses

C. sociopathologys

D. all of the above

3612. Judicial review by the Supreme Court is based on____________?
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A. the First Amendment to the Constitution

B. an act of Congress

C. the Marbury v Madison decision

D. explicit statements in the Constitution

3613. When President Kennedy told the Soviet leader to withdraw Russian missiles in Cuba it was an illustration of one of the following types of foreign policy ?
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A. threatening

B. crisis

C. administrative

D. general

3614. Which is NOT a presidential role ?
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A. party leader

B. chief diplomat

C. commander in chief of Armed Forces

D. Chief Justice
3615. The smallest group is constituted by the________________?
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A. quadrad

B. monad

C. dyad

D. triad

3616. The earliest and least complex society was___________?
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A. agrarian

B. pastoral

C. hunting and gathering

D. horticultural

3617. 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. discretionary

C. balanced

D. uncontrollable
3618. Manipulation of taxation and spending levels is______________?
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A. monetary policy

B. incomes

C. revenue policy

D. fiscal policy
3619. Laissez-faire is a policy that appeals to_______________?
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A. political independents

B. political freethinkers

C. political liberals

D. political conservatives
3620. The fundamental assumption of democratic socialism is that_______________?
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A. participation in political decision making should be extended to economic decision making

B. the Socialist party must be in command of the economy

C. it is not necessary for everyone in a society to work

D. participation in political decision making should be extended to religious leaders

3621. Bureaucracy is based on________________?
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A. lack of authority

B. unpredictability

C. specialization

D. ad hoc rules

3622. Which of the following is a group ?
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A. commuters riding a train

B. softball players performing in a playoff tournament

C. lines of people at a supermarket checkout counter

D. spectators watching the construction of a building

3623. A demand-side theory that focuses on the role of money to finance aggregate demand is termed__________?
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A. monetarism

B. cash and carry

C. Reaganism

D. the gold standard

3624. Maturation is a term used by developmental psychologists to refer to______________?
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A. the development of personality

B. the aging process or senescence

C. physical(biological)development

D. the development of natural resources

3625. Industrial societies are based on____________?
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A. primary ties

B. smokestacks

C. machines for production

D. kinship

3626. Norms are__________________?
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A. guidelines for human behavior

B. all of the above

C. internalized in most cases

D. reflections of values

3627. The desert and semi-arid regions of the Middle East are resource-poor except for_______________?
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A. dates

B. uranium

C. coal

D. oil
3628. The concept of deviance refers to________________?
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A. going in the wrong direction

B. reversing one,s opinion

C. departure from social norms

D. bad manners

3629. A makeshift organizational network which often parallels bureaucratic administration is called______________?
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A. scientific management

B. informal bureaucracy

C. oligarchy

D. humanized bureaucracy

3630. Laissez-faire______________?
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A. was Karl Marxs exhortation to the workers of the world

B. is the rallying cry of the Women Liberation Movement?

C. is the French expression Adam Smith used to mean that government should keep its hands off the economy?

D. is the economic theory introduced to the U.S by Keynes?

3631. Democracy is based on_______________?
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A. the value of the individual

B. ideal hopes for a future society

C. rule by the elite

D. leadership of a charismatic leader

3632. The high cost of fighting crime is due in large part to_______________?
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A. the increase in organized crime

B. an increase in prison inmates

C. high unemployment rates

D. tax cuts instituted by the present administration

3633. Kohlberg,s three stages of moral development are_______________?
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A. conventional post conventional and legal-rational

B. pre-conventional conventional and post-conventional

C. charismatic traditional and legal-rational

D. pre-conventional authoritarian and post-conventional

3634. What percentage of the earths people live in low-income areas ?
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A. 56%

B. 10%

C. 35%

D. 5%

3635. In stratified societies categories of people are ranked by______________?
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A. prestige

B. wealth

C. power

D. all of these

3636. Our type of society fosters______________?
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A. none of the above

B. a sense of calm

C. anxiety

D. love of all humans

3637. Social structure refers to_________________?
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A. what the individual becomes in society

B. norms roles and group in a social system

C. biological cell patterns

D. patterns of individual behavior

3638. Economic policies do not work as well as they should because of obstacles posed by______________?
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A. interpretation

B. all of the above

C. timing

D. implementation

3639. A theory is a______________?
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A. scientific law

B. hunch regarding reality

C. speculation about truth and beauty

D. set of concepts and generalization
3640. During and after a depression the government can use fiscal policy through its powers of_____________?
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A. wage regulation

B. spending and taxation

C. bank regulation

D. income ceilings

3641. According to George H.Mead mind is________________?
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A. the acting subject as opposed to object

B. the source of experience

C. none of the above

D. an emergent outcome of social acts

3642. A trained observer_________________?
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A. knows which data are relevant to the research problem

B. records everything that he or she sees

C. knows what to expect

D. is most a home in experimental settings?

3643. Like Freud Erik Erikson maintains that_______________?
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A. psychoanalysis including dream analysis is the only way to overcome personality problems

B. the personality is fixed by age five

C. none of the above

D. there are five psycho sexual stages

3644. Institution are_________________?
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A. found among all animals

B. places like schools and banks

C. traditional habits centering around fundamental human needs

D. unimportant

3645. Sapir and Whorf believe that______________?
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A. languages are limited to the number of words for any given object

B. language has no part in mental attitudes

C. preverbal communication is more important than verbal

D. the structure of a language shapes a people view of the world
3646. An ideology or doctrine spread through persuasion is______________?
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A. propaganda

B. foreign policy

C. diplomacy

D. journalism

3647. Schizophrenia is_______________?
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A. another name for split personality

B. a psychosomatic disorder

C. applied to a number of disturbances for lack of any other label

D. a term meaning to hallucinate

3648. The creation of culture unlike playwriting ?
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A. is the work of generation?

B. is not always a deliberate act

C. never results in a final authorized script

D. all of the above
3649. To say that American music is the best in the world is an example of__________________?
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A. the truth

B. a value

C. cultural relativity

D. ethnocentrism
3650. The scientific method in the social sciences ?
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A. is hampered by difficulties in attaining objectivity

B. has led to great discoveries in the human knowledge of the physical universe

C. has been found to be totally useless

D. is as effective as in the natural sciences