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
3801. Cultural change is always________________?
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A. fast and dramatic

B. slow and imperceptible

C. nether of the above

D. both of the above
3802. Individuals who become inmates of a total institution undergo the process of______________?
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A. anomie

B. socialization

C. desocialization

D. resocialization

3803. Gambling and prostitution are included in the category of______________?
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A. crimes against persons

B. sins against religious teaching

C. organized crime

D. social order crimes
3804. An example of a category would be_____________?
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A. the N.R.A

B. all the redheads currently imprisoned in the U.S

C. sharpshooters at a pistol range

D. the N.A.A.C.P

3805. Primary group are basic to the development of____________________?
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A. politics

B. personality

C. social change

D. law

3806. NAFTA binds which three countries into a single commercial entity ?
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A. United States Canada Puerto Rico

B. Mexico Panama Costa Rica

C. United States Canada Mexico

D. United States Cuba Mexico

3807. All but WHICH of the following characteristics of humans led to the development of science ?
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A. The use of reason

B. Blushing

C. Fascination With the self

D. Curiosity

3808. Some American Indians cannot express the idea of time in their tribal languages This fact shows that_____________ ??
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A. like all lower-class persons they focus on the present

B. their culture is still at a primitive stage

C. they have not yet reached the industrial stage of evolution when time is money

D. time is not an important value in their culture
3809. When one knows the roles that one is expected to play and is willing and able to do so one is_____________?
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A. brainwashed

B. a significant other

C. conditioned

D. successfully socialized
3810. Democratic capitalism means that________________?
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A. losers totally destroyed

B. all property belongs to the government

C. the economy is regulated through legislation and taxation

D. the individual is free to do anything as long as he/she has money

3811. Countercultures are_______________?
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A. groups whose values are in explicit opposition to those of the wider societal culture

B. the most active subcultures

C. groups whose values differ from the mainstream

D. subcultures that refuse to assimilate

3812. The capacity of a nation to use its resources to affect the behavior of other nations is a definition of________________?
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A. foreign policy

B. power in the context of international relations

C. diplomacy

D. international law

3813. A totalitarian regime______________?
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A. exhibits a centralized control of the economy

B. all of the above

C. controls the mass media

D. contains secret police

3814. The mechanism of the market system provides for________________?
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A. the content and flow of goods and services to take place without any fixed plan

B. buyers and sellers not needing to know how the market works in order to act in it

C. the economy to function so that all participants derive some satisfaction

D. all of the above
3815. A researcher will settle for pinpointing a correlation when ?
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A. a causal relationship is difficult to prove

B. variables are vaguely defined

C. a causal relationship is of no consequence

D. research monies are not forthcoming

3816. Deviance that has not been discovered is called ?
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A. final deviance

B. sinful deviance

C. primary deviance

D. secondary deviance

3817. Four primary social processes are________________?
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A. exchange reciprocity competition and conflict

B. conflict exchange cooperation and competition

C. accommodation assimilation conflict and coercion

D. differentiation stratification conflict and coercion

3818. Scientific conclusions are_________________?
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A. relative to time and place of study and subject to revision

B. personal opinions of important scholars

C. universally accepted

D. absolute truths for all times

3819. Absence of body contact and stimulation in infants inhibits_______________?
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A. aggressive behavior

B. biological drives

C. development of higher learning functions

D. instinctual development

3820. The scientists skepticism extends to________________?
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A. the value of scientific objectivity

B. the usefulness of scientific inquiry

C. his or her own credentials

D. his or her own findings
3821. Symbolic interaction ?
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A. is entirely nonverbal

B. none of the above

C. excludes written language

D. includes gestures speech and music
3822. Criminologists Cloward and Ohlin Classified delinquent gangs into which of the following categories ?
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A. Ritualistic territorial rebel

B. Conflict subcultural criminal

C. Criminal realist conflict

D. Realist drug and alcohol territorial

3823. Norms are essentially ?
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A. systems of rewards and punishment

B. rules for behavior

C. what is most feared

D. what is right

3824. Societies in which ascribed statuses have been prevalent include______________?
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A. occupationally-based caste systems as in pre-modern India

B. A and C only

C. industrial societies like the United States

D. estate systems in feudal Europe

3825. Constitutions are________________?
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A. blueprints for monarchies

B. meant to establish the rule of men

C. intended to limit governmental power

D. always written

3826. The hypothesis is a statement of_____________?
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A. a universal truth

B. a tentative statement of a topic that is subject to testing

C. disagreement with a generally accepted theory

D. the scientists conclusions

3827. Utilitarian organizations include_____________?
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A. businesses and industries of all types

B. the military prisons and mental hospitals

C. professional and religious organizations

D. all of the above

3828. One British psychologist believes that the Western family causes most of the mental illness in individuals This theory implies that ___________??
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A. none of the above are relevant

B. secondary relations are more important than primary ones

C. the primary group is always helpful to the individual

D. primary group relations can be harmful to the individual
3829. Which of the following groups determine market transactions ?
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A. none of the above

B. The executive legislative and judicial departments

C. Households firms and central authorities

D. Producers distributors consumers

3830. Power is_________________?
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A. restricted to a small elite in traditional societies

B. the most important feature of stratification

C. all of the above

D. widely distributed and diffused in industrial societies

3831. The main function of organized labor is to_______________?
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A. regulate safety

B. bargain collectively

C. strike

D. manage large corporations

3832. Regarding capitalist industrial societies Marx asserted that______________?
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A. the means of production are controlled by the masses

B. religion and philosophy are the foundations of society

C. they contained the seeds of their own destruction

D. property is unimportant in the modern state

3833. Which is an example of a subculture ?
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A. French culture

B. Kiwi culture

C. teenage customs

D. American culture

3834. Role strain___________?
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A. may result from faulty role performance

B. may occur within the confines of a single role

C. may occur when entrenched statuses become altered

D. all of the above
3835. Experiments_______________?
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A. are conducted in both field and laboratory setting

B. involve the risk that people may modify their behavior

C. must involve control groups of some kind

D. all of the above
3836. Most animal behavior is determined by_________________?
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A. animal culture

B. symbolic interaction

C. biology and instinct

D. a system of symbols

3837. The public sector_________________?
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A. all of the above

B. is bloated with a large bureaucracy

C. is less efficient and effective than the private sector

D. employs one of every four workers

3838. Why is the private ownership of property deemed beneficial ?
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A. keeping up with the Joneses leads to success

B. It is the American way

C. Greed makes the world go around

D. None of the above
3839. Freud located the libido ?
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A. within the ld

B. in the genital stage

C. all of the above

D. within family relations

3840. Marx,s view of social class is that______________?
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A. talented people will always rise to the top

B. religion helps fight social inequality

C. private ownership of the means of production perpetuates class divisions

D. the bourgeoisie will eventually triumph

3841. A mother preparing lunch for her child is an example of a(n)______________?
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A. unliberated women

B. macrolevel behavior

C. status

D. role
3842. Anthropology is restricted to the study of_______________?
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A. none of the above

B. prehistoric people only

C. modern peoples only

D. primitive people only

3843. Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?
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A. all of the above

B. agricultural nations like Cuba

C. less economically developed nations like Russia

D. Asian nations lacking well-developed industrial sectors like China

3844. The social sciences have_____________?
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A. been accepted as equally valid as the physical sciences

B. more control over data than physics

C. complete objectivity

D. problems with studying people in laboratories
3845. In the United States a sense of national identity ?
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A. was later reinforced by the notion of specialness

B. only B and C

C. was first based on a common ethnicity and language

D. never developed

3846. In economic growth it is important to consider________________?
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A. the quantity of capital and labor

B. the quality of capital and labor

C. the quality of the labor force

D. all of the above
3847. The allocation of tasks to particular individuals who specialize in performing them is referred to as_______________?
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A. status specialization

B. division of labor

C. status fulfillment

D. ascribed status

3848. Which of the following is an index crime ?
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A. robbery

B. speeding

C. all of the above

D. being in a football pool

3849. Studies of delinquent gangs indicate that____________?
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A. gangs are useful for society

B. none of the above

C. gang norms are substituted for societys norms in some cases

D. gangs have no norms

3850. Abraham Maslow and Carl Rogers are associated with the following theories of personality.
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A. environmental determinism

B. development

C. stressing self-concept and self-actualization

D. psychoanalytic