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
3651. A prison is a______________?
comments icon0

A. secondary institution

B. total institution

C. primary institution

D. tertiary socialization

3652. All systems of stratification display the following characteristics except_________________?
comments icon0
A. segmentation

B. differentiation

C. ranking

D. institutionalization

3653. Personal space is defined differently in different societies Therefore we can say that_____________?
comments icon0
A. culture shapes both verbal and nonverbal behavior

B. personal space is controlled genetically

C. many people have no manners

D. nonverbal behavior is not part of culture

3654. What is the Phillips curve ?
comments icon0

A. a special kind of screw driver that reflects the functioning of the economy

B. a reference to a government economist favoring high taxes

C. a graphic representation of conflict between full employment and inflation

D. a deflationary curve

3655. Repeating a research project called ?
comments icon0

A. validation

B. generalization

C. replication

D. verification

3656. Skepticism refers to________________?
comments icon0
A. doubting

B. repetition

C. precision

D. impartiality

3657. illegal acts that are characterized by deceit concealment or violation of trust is the FBI,s definition of_______________?
comments icon0

A. organized crime

B. white-collar crime

C. robbery

D. arson

3658. Max Weber intended his ideal type of bureaucracy as an_______________?
comments icon0

A. accurate description of existing bureaucracies

B. explanation of elite domination

C. obviously false portrait of democratic administration

D. idealized or exaggerated model of rational administration
3659. Anthropologists have developed ?
comments icon0

A. none of the above

B. laws governing ancient societies

C. a number of theories

D. methods of explaining human behavior

3660. The biological explanations of deviance include____________?
comments icon0

A. the extra Y chromosome

B. Lombroso,s criminal types

C. all of the above

D. Sheldon,s mesomorphs

3661. Communism emerged as an ideology in reaction to conditions following____________?
comments icon0

A. the French Revolution

B. starvation in Ireland

C. the Industrial Revolution

D. the Protestant Reformation

3662. The more consumers are willing to pay for a product_____________________?
comments icon0

A. the more expensive the product becomes

B. the less producers will manufacture to raise the price still more

C. the more they go into debt forcing them to stop buying

D. the more of the product will be produced
3663. If culture is comparable to a script for a play then______________?
comments icon0

A. social scientists may be compared to stage hands

B. individuals may be compared to playwrights

C. the economy may be compared to the director

D. society may be compared to a troupe of actors
3664. The middle- and low-income nation are located mostly in_______________?
comments icon0

A. the North-South Axis

B. the North and South Pole

C. the southern regions of the world

D. the northern regions of the world

3665. Official sanctions usually entail________________?
comments icon0
A. public recognition

B. the threat of force

C. a transgression of the law

D. all of the above

3666. Material culture________________?
comments icon0

A. is of limited importance to humans

B. illustrates the evolution of tools and includes all objects made by humans

C. has no relation to symbols?

D. none of the above

3667. When we refer to how people really behave we________________?
comments icon0

A. speak of mores

B. use statistical norms

C. refer to the ideal norms

D. use folkways

3668. The discipline that studies such disparate subjects as the environment religion politics criminality organization and so on is______________?
comments icon0
A. sociology

B. psychology

C. history

D. political science

3669. Achieved status would be especially important in_______________?
comments icon0

A. feudal Europe

B. 19th century India

C. ancient Egypt

D. none of the above
3670. One of the functions of public policy is to________________?
comments icon0
A. mediate among conflicting economic goals

B. plan to ensure the correct mix of supply and demand

C. none of the above

D. ensure that everyone is a sinner in the economy

3671. An intensive study of an individual or a small group is made by using the following research method ?
comments icon0

A. longitudinal sample

B. experiment

C. case study

D. cross sectional sample

3672. Defense mechanisms function to________________?
comments icon0

A. protect the superego

B. deceive sexual targets

C. ward off sexual advances

D. deflect anxiety
3673. The significant others of Mead,s theory are____________?
comments icon0

A. unimportant because models do not influence personality

B. constituted by governmental authorities who must be obeyed

C. important because they provide the initial role models

D. similar to the ego of Freud,s theory

3674. Experiments are_______________?
comments icon0

A. the most common method of social investigation

B. not used in the study of humans

C. valid only if performed on white mice

D. based on controlling a variable and observing the results
3675. Government____________?
comments icon0
A. all of the above

B. is a pivotal institution

C. includes the political process

D. is the acting arm of the state

3676. The scientific method contains all but one of the following techniques ?
comments icon0

A. making data public

B. selecting data to prove a point

C. scientific observation

D. systematic collection of data

3677. The Keynesian revolution acknowledged_________________ ?
comments icon0

A. that the masses were being exploited

B. that industrial workers were becoming the new bourgeoisie

C. that the market was inherently unstable

D. the need for the intervention of the owners of the means of production

3678. Among the reason for overturning death penalty verdicts on appeal are______________?
comments icon0

A. improved DNA technology

B. indications that prosecutors or police withheld information

C. findings of incompetent counsel

D. all of the above
3679. Drug addiction has been characterized as a victimless crime meaning ?
comments icon0

A. drug users are not responsible for their actions

B. drug addiction is a sustainable life style

C. society does care what happens to addicts

D. addicts choose to be addicted and hurt no one but themselves
3680. The most essential element of culture is______________?
comments icon0

A. a warning system

B. group activities

C. language

D. cooperation

3681. The Truman Doctrine Marshall Plan and NATO are characteristic of which period ?
comments icon0
A. containment

B. isolationism

C. interventionism

D. internationalism

3682. The dialectic is based on_____________?
comments icon0
A. two extreme positions giving rise to a middle position

B. imperialism being destroyed by capitalism

C. conflicts between rich and poor countries

D. polarization forcing societies to split up

3683. Culture______________?
comments icon0

A. is based on symbols in animals and on signals among humans

B. is arguably possessed to some degree by nonhuman primates as well as humans

C. all of the above

D. is a property of all higher animal groups?

3684. The chief reason that Congress is so ineffective is________________?
comments icon0

A. that the Constitution delegates it so little power

B. the development of the power of state governments

C. a result of the gradual emergence of the Supreme Court as a legislative body

D. the traditional organization of the legislative branch
3685. The structural functionalist explanation of social stratification asserts that________________?
comments icon0
A. there is a limited number of skilled talented people thus they should be rewarded

B. nature demands the existence of social classes

C. resources are plentiful so there is enough for all

D. people were not meant to work

3686. A police office follows a speeding car and when the car finally stops she is horrified to discover her husband at the wheel in giving him a ticket she experiences______________?
comments icon0

A. no role involvement

B. fear of a divorce

C. role conflict

D. a master status

3687. Social Darwinists believed that________________?
comments icon0

A. natural selection was a hoax

B. resources belong to all the people

C. only the strongest persons should control the resources of a society

D. the weak shall inherit the earth

3688. Index crimes include all but one of the following_______________?
comments icon0

A. manslaughter

B. aggravated assault

C. robbery

D. moving traffic violation
3689. Which perspective looks at the world-wide context and emphasizes economic factors ?
comments icon0
A. Globalism

B. Neo-realism

C. Realism

D. Pluralism

3690. A low incidence of crime is more characteristic of________________?
comments icon0

A. societies that value the social group over the individual

B. societies with a ruthless police force

C. homogeneous societies

D. only and b
3691. Deviance contributes to social change in that________________?
comments icon0
A. some actions initially defined as deviant eventually become generally accepted

B. todays deviant is tomorrows leader

C. deviance is a fad

D. deviant acts invariably point to outdated rules

3692. Love of money peace and God are American ?
comments icon0

A. mores

B. values

C. Norms

D. folkways

3693. During the Enlightenment of the 18th century_______________?
comments icon0

A. scholars denied the possibility of a scientific study of humans

B. a number of scholars believed human social life could be studied scientifically

C. scholars emphasized the supernatural

D. none of the above

3694. A way of calculating the total output of the economy and all incomes earned within the Pakistan regardless of whether the resources are Pakistan or foreign is_______________?
comments icon0

A. the SPQR

B. the GDP

C. the NNP

D. the GNP

3695. The primary agent of socialization is the______________?
comments icon0

A. peer group

B. school

C. family

D. mass media

3696. Another way of saying that position in a group are value-rated by group members is_______________?
comments icon0

A. authority is hierarchical

B. statuses are ranked

C. roles are scripted

D. statuses are ascribed

3697. To a person who belongs to it beer can collectors, club is a(n) ?
comments icon0

A. all of the above

B. reference group

C. voluntary group

D. membership group
3698. Similarities common to all cultures are called_________________?
comments icon0
A. cultural universals

B. pivotal institution

C. culture complexes

D. culture traits

3699. Personality may be seen as a circular system in that____________?
comments icon0

A. all experience is based on preconceptions

B. personality affects roles and vice-versa

C. every adult experience cycle back to childhood

D. all feelings revolve around the self

3700. Scientific observation in the social sciences differs from that in the natural sciences because___________?
comments icon0

A. the social sciences have developed concrete laws of behavior while the natural sciences have only theories

B. people behavior is predictable while the behavior of inanimate objects is not

C. the social sciences deal with the behavior of people

D. the social sciences deal with the extraterrestrial