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
4151. The legitimate possession of power is a definition of______________?
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A. the police

B. the state

C. authority

D. force

4152. The Industrial Revolution began with_________________?
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A. the invention of a few basic machines

B. the proletariat in Russia

C. the founding of Sony in Japan

D. the overthrow of the British

4153. The rate of change for most of human history has been________________?
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A. slow until the Industrial Revolution then rapid

B. unchanged

C. slow because people are creatures of habit

D. rapid since the beginning of history

4154. In countries such as Iran and Iraq the Moslem religion is a(n)_______________?
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A. denomination

B. cult

C. ecclesia or universal church

D. sect

4155. In Melanesia manais________________?
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A. the food miraculously given to the escaped slaves in the wilderness

B. a power that is neither good nor evil

C. the power of good over evil

D. the power of evil over good

4156. The rise of social classes is almost always associated with the development of__________________?
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A. the state

B. international trade

C. democracy

D. totalitarianism

4157. A minority group consists of______________?
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A. the hostile subcultures in the society

B. people distinguished by their physical or cultural traits

C. fewer people than the majority group

D. the most recently settled immigrants

4158. Discrimination is_______________?
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A. racial hatred

B. an action taken as a result of prejudicial feelings

C. an attitude or feeling of dislike for a certain group

D. belief in the superiority of one,s own group

4159. No- fault divorce has_______________?
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A. left alimony awards intact

B. all but eliminated alimony and somewhat decreased the average child support award

C. increased child support requirements

D. increased both alimony and child support awards for the first few year after divorce

4160. Most societies________________?
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A. encourage marriage

B. pay couples to have children

C. accept all kinds of man-women unions

D. discourage marriage

4161. Marx believed that the state would vanish when_____________?
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A. social classes ceased to exist

B. all societies became capitalist

C. the lion would lie down with the lamb

D. the elite would work toward the good of the masses

4162. Suburban growth was based on___________________?
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A. movement of factories out of the cities

B. expensive suburban property

C. wartime industrial expansions

D. the development of automobile travel
4163. An area which is today in the first stage of the demographic transition is the following________________?
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A. china

B. U.S.A

C. Tropical Africa

D. Japan

4164. Endogamy and exogamy are_______________?
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A. social limitations placed on marriages

B. ways of studying institutions

C. practiced only by select groups in society

D. two social science disciplines

4165. Durkheim viewed religion as a form of social_________________?
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A. innovation

B. integration

C. ingratiation

D. recreation

4166. It is true of divorce rates that_______________?
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A. they increased dramatically with industrialization

B. they are highest in the Untied States

C. they have stabilized at 3.6 per 1000 marriages

D. all of the above are true
4167. An accountant is part of which sector ?
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A. primary

B. secondary

C. Tertiary

D. Quaternary

4168. The first European people to form a nation were is________________?
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A. Picts

B. English

C. Scots

D. Slavs

4169. The instruments of foreign policy may be defined as_________________?
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A. tools with which nations try to manipulate other nations

B. expressions of human solidarity around the world

C. ways of competing for the title of superpower

D. exchanges entered into in the spirit of trust

4170. The view that the state has emerged to protect the rights of a privileged few has been expressed by philosophers of which school of thought ?
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A. Hegelianism

B. Ideologist

C. Conflict

D. Functionalism

4171. A person affected by nationalism______________?
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A. displays feelings of ethnocentrism

B. identifies with a states culture

C. all of the above

D. shares a state,s interests and goals

4172. To assign uniform characteristics to an entire group of people without allowing for individual differences is called_____________?
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A. characterizing

B. prejudging

C. discriminating

D. stereotyping
4173. The sate differs from all the other institutions in that_______________?
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A. membership is compulsory for all residents of its territory except for aliens and visitors

B. it is an abstract concept

C. all of the above

D. its political control is complete
4174. The practice of U.S corporations movings their production facilities abroad is called________________?
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A. insourcing

B. Oligopoly

C. multinationalism

D. diversification

4175. Futurist Alvin Toffler called his concept_______________?
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A. future shock

B. culture shock

C. myocardial shock

D. static shock

4176. One of the perceived advantages of suburban living is_______________________?
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A. older more gracious housing

B. larger variety of cultural resources

C. greater safety from crime

D. concentration of apartments

4177. The most experimental of the social sciences is_________________?
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A. sociology

B. economics

C. psychology

D. archaeology

4178. The subordinate position of women in decision making may result from_____________?
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A. womens modesty

B. the choice of women as leaders

C. the instrumental role assumed by males

D. women being less intelligent than men

4179. According to Gordon Allport,s theory of contact_______________?
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A. equal status between groups increases prejudice

B. unequal status between groups reduces prejudice

C. Southern blacks and whites of the same social class have been driven further apart in recent years

D. equal status between groups leads to reduced competition
4180. Status inconsistency is defined as_________________?
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A. the least important dimension of stratification

B. the order of importance given to status variables

C. the mechanism high status persons use to protect themselves from competition

D. the condition of persons who are ranked higher in one variable of status than another
4181. Most population experts_______________?
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A. expect population to level off at between 8 and 15 billion people

B. believe that a high fertility rate continues to be necessary in the developing nations

C. expect the growth rate to remain constant

D. have written off the Malthusian prophecy altogether

4182. By dependent relations globalists mean_______________?
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A. the effectiveness of the United Nations depends upon a cohesive Security Council

B. Third-World countries are maintained in a state of dependency by First-and Second- World nations

C. the legitimacy of nation -states depends upon propaganda and internal surveillance

D. industrial nations depend upon raw materials located in no-industrial nations

4183. Power is exercised in________________?
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A. all social systems

B. simple farming societies

C. hunting and gathering societies

D. complex industrial societies

4184. When farms are destroyed in favor of factories and suburbs it is an example of_____________?
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A. popularization

B. none of these

C. urbanization

D. secularization

4185. When peoples beliefs about the inferiority of a certain group undergo change the process is called________________?
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A. radical change

B. social change

C. political change

D. cultural change
4186. Furnishing historical data about past societies with no written records is the task of_______________?
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A. archaeology

B. cultural geography

C. history

D. ornithology

4187. Discrimination occurs_______________?
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A. with or without accompanying prejudice

B. as a result of informal quotas

C. with prejudice

D. as a result of government rulings

4188. The purpose of separating management from ownership is to________________?
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A. ensure that the long-term interests of the corporation outweigh short-term gains

B. shield absentee owners from any and all responsibility

C. secure the highest possible salaries for managers

D. shield the board of directors from any and all responsibility

4189. The blended family______________?
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A. consists of natural parents and children

B. is quite stable for children

C. is another name for a childless family

D. is made up of natural parents stepparents natural children and stepchildren
4190. Children of divorce have________________?
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A. the most difficulty at ages nine and ten

B. a preference for parental conflict rather than their divorce

C. no problems

D. fewer problems of adjustment than children from intact families

4191. It is true of the population of the United States that_________________?
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A. it is getting older

B. there are more women than men

C. rural and sunbelt areas attract only the young

D. it is BOTH older and more female
4192. The theologian Ludwig Feuerbach portrayed God as_______________?
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A. an inappropriate object of worship

B. a figment of the human imagination

C. a sort of ideal

D. all of the above

4193. Political control_____________?
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A. takes the place of moral control in simple societies

B. is internalized cultural learning

C. is acquired through socialization

D. is social control exerted by forces outside the individual
4194. The important point about biological and cultural differences among people is______________?
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A. the fact that to have more is better than to have less in all circumstances

B. the evidence that some traits are more desirable than others

C. the social meanings people give these differences

D. those with most power can determine cultural values

4195. The basic assertion of ageism is that________________?
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A. the old are superior to the young

B. work is best left to those who can do it

C. the young are superior to the old

D. there is a smooth transfer of roles between the old and the young

4196. A countertrend observable since the 1950s is___________________?
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A. urban decentralization

B. rural areas became very depopulated

C. urban residents providing their own food supply by planting gardens

D. a great increase in population in the cities

4197. Environmental pollution is the result of_________________?
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A. human actions that have harmful consequences

B. unknown bacteria and viruses

C. dysfunctions in the earth,s atmosphere

D. ignorance on the part of the underdeveloped nations

4198. The difficulty with fighting terrorism is that_________________?
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A. terrorists have differing goals

B. all of the above

C. terrorists have no single ideology

D. terrorism is a transnational problem

4199. Dominant groups tend to use all but which of the following methods in dealing with minorities ?
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A. forced assimilation

B. economic exploitation

C. cultural relativity

D. population transfers

4200. Which of the following is NOT a characteristic of an upwardly mobile individual ?
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A. Comes from a large family of several brothers and sisters

B. Urban resident

C. Marries later and limits family to no more than two children

D. More educated than parents