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
4501. Which two factors have engendered problems that threaten the environment ?
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A. overpopulation and urban life

B. low population growth and low density

C. fishing and mining

D. agriculture and horticulture

4502. Conflict theorists see the states functions as________________?
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A. helping the poor and homeless

B. protecting the interest of the ruling elite only

C. directing the economy

D. bringing peace to its citizens

4503. Birthrates________________?
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A. generally correspond to population density

B. are low in Western Europe and Japan

C. are high in Arabia and interior African

D. are low BOTH in Western Europe and Japan and high in Arabia and Africa
4504. Seigniorage is a source of revenue for central banks earned from_____________?
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A. Issuance of Debt securities

B. All of above

C. Dollar Reserves

D. Issuance of notes andcoins
4505. Ideology________________?
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A. underlie all governments

B. underlie all social movements

C. explains why things are as they are

D. all of the above

4506. There is a growing realization that divorce______________?
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A. means freedom and happiness

B. none of the above

C. is a normal process from which people quickly recover?

D. may bring devastating economic and emotional consequences
4507. The urban crisis________________?
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A. is well on the way to being resolved

B. is intensified by the move of the middle class to the suburbs

C. has been reduced by urban renewal

D. has been intensified by gentrification

4508. A deliberate attempt to persuade the individual to accept a particular belief or to make a specific choice uncritically is______________?
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A. propaganda

B. education

C. instruction

D. brainwashing

4509. Who among the following has first to coined the term Helicopter Money?
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A. Milton-Friedman

B. Osborne-Smith

C. Zelvey

D. Mickel-Jorden

4510. The manifest functions of government include________________?
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A. the enlargement of the administrative elite

B. the protection of the interests of the power elite

C. the provision of institutionalized social control

D. the formation of party machines

4511. Collective behavior_______________?
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A. is always disorganized

B. none of the above

C. has some connection with social factors?

D. completely lacks structure

4512. The government is_______________?
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A. the ultimate source of social control

B. institutionalized social control

C. a way of insuring absolute freedom for citizens

D. BOTH ultimate and institutionalized social control
4513. Charismatic leaders_______________?
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A. may appear in societies with either a traditional or a legal-rational base of authority

B. are only characteristic of theocracies

C. establish a stable social organization

D. appear only in traditional societies

4514. A metropolitan area consists of__________________?
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A. a city with a subway system

B. several small towns

C. the city only

D. a central city and surrounding suburbs and small towns
4515. Female-headed families have_______________?
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A. all of the above

B. greater emotional stress in dealing with children

C. increased in number since 1970

D. generally a lower income than two-parent families

4516. The media present gender roles_____________?
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A. according to Victorian model

B. stereotypically

C. realistically

D. idealistically

4517. The idea that technology changes social organization and ideology is called______________?
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A. evangelical determinism

B. scientific determinism

C. technological revolution

D. secular humanism

4518. The foreign alliances the U.s has entered into have resulted in__________________?
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A. very dependable allies

B. help in the Middle East

C. assurance that allies will back up U.S

D. the need to build up the U.S military apparatus

4519. Birthrates remain high is the Third World because_________________?
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A. in many cultures a man,s worth is measured by the number of his children

B. all of the above

C. contraception is either opposed or not properly practiced

D. there has been cultural lag following superimposed industrialization

4520. Zero population growth______________?
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A. signifies that the deaths exceed the births

B. means that the number of births equals the number of deaths in country in any given year

C. is the term used when there are no births in any given year in a specific county

D. means that population stop growing because of an epidemic such as the Black Death or AIDS

4521. sociocultural change means that______________?
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A. social change is really separate from cultural change

B. the concept is a contradiction in terms

C. social and cultural change are interrelated

D. cultural change has nothing to do with social change

4522. ocial change must be analyzed in terms of________________?
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A. stability and efficiency

B. statics and dynamics

C. if it is good for the people

D. backward and forward progress

4523. Before the Treaty of Westphalia (1648) political organization around the world had been_________________?
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A. uniform and multiform

B. universal and local

C. empirical and patriotic

D. unilateral and generic

4524. The identical twin who lost his penis in a tragic accident______________?
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A. accepted his female identity

B. preferred dolls to guns

C. acted as a female would

D. none of the above

4525. Latent functions of schools include_________?
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A. allowing the formation of a subculture and keeping children in school for a period of time

B. encouraging social mobility

C. promoting nationalism

D. maintaining the class system

4526. The ecosystem is__________________?
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A. the way inanimate objects are placed into the natural system

B. the way living things interact and interrelate with each other and their environments

C. a systematic application of the economy

D. what Hobbes called the state of nature

4527. The most dramatic change that followed each technological revolution was_______________?
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A. a visible decrease in population

B. the systematic migration of populations to different areas

C. a dramatic increase in population

D. a return to an agrarian way of life

4528. In order for power to be legitimate a government must have_____________?
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A. a strong army

B. a charismatic leader

C. the ability to coerce agreement

D. legitimate authority
4529. In modern society death has acquired to some extent a sense of_____________?
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A. meaninglessness

B. appropriateness

C. ordinariness

D. unnaturalness
4530. The widest sphere of human interaction on an international scale is_______________?
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A. international law

B. international relations

C. international economics

D. international security affairs

4531. Factors in the urban crisis include_______________?
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A. the move of the middle class and industry to the suburbs

B. a high percentage of deprived and trapped individuals

C. all of the above

D. the inner city,s declining tax base

4532. Natural resources are_______________?
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A. dispensable

B. finite

C. ready to support many more billions of people

D. infinite

4533. The majority of the human population lives in________________?
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A. Pacific Islands

B. Eurasia

C. New York

D. Africa

4534. People who are suddenly thrust in a situation for which they know no precedent are vulnerable to_______________?
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A. collective behavior

B. normative behavior

C. criminal behavior

D. social behavior

4535. Many listeners to a 1938 science fiction radio program believed that Martians were really invading the Earth They fled into the streets in panic We would call their behavior______________?
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A. fashion

B. rational legal behavior

C. none of the above

D. fantasy

4536. Factors in the decline of the marriage rate include__________________?
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A. all of the above

B. the increase in the incidence of remaining single

C. a delay in the age of first marriage

D. the increase of cohabitation

4537. If population growth in the underdeveloped nations continues unabated in 2050 world population will be______________?
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A. 30 billion

B. 8 billion

C. 10 billion

D. 6 billion

4538. The Industrial Revolution______________?
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A. none of the above

B. began in England in the 1800s

C. caused few sociocultural changes

D. is already finished

4539. Young couples who have children very soon after marriage_______________?
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A. spend very little time together

B. are quite content with their lot

C. experience constant elation

D. all of the above

4540. Discrimination against the elderly has been especially apparent in the area of____________?
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A. creditworthiness

B. retirement

C. employment

D. hospitalization

4541. An example of a basic pivotal institution is_____________?
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A. show business

B. the family

C. sports

D. gossip

4542. Political power_______________?
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A. characterizes all dictatorships

B. is power exercised by the state through its government

C. appears only in capitalistic societies

D. belongs to a ruler in democratic regimes

4543. Kinsey maintained that______________?
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A. one is either a heterosexual or a homosexual

B. bisexuals lack specific hormones

C. people should have sex-change operations if they felt they were the wrong sex

D. sexuality exists on a continuum
4544. Crowds and masses differ in that___________________?
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A. masses are not personally connected to one another

B. masses of people must always be in the same physical setting

C. people in a crowd are in close proximity to one another

D. collective behavior cannot take place in masses

4545. Which perspective assumes that the state speaks with one voice and has one policy ?
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A. globalism

B. pluralism

C. all of the above

D. realism

4546. The processes of cultural change include______________?
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A. conservatism and reactionism

B. conformity and obedience

C. nationalism and patriotism

D. innovation and invention

4547. The real revolution of the last twenty years according to one sociologist refers to_______________?
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A. serial or throwaway marriages

B. women,s lack of interest in marriage

C. the jailing of spouse abusers and marital rapists

D. male bonding and tribalism

4548. Cohabiting couples__________________?
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A. represent the great majority of couples

B. are predominantly homosexual

C. are an old phenomenon

D. represent an example of premarital life
4549. The noncustodial parent______________?
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A. is usually unfit to be a parent

B. none of the above

C. renounces all responsibility for his children

D. is often a deadbeat dad
4550. The Pope,s leadership of the Catholic Church is based on which kind of authority ?
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A. Democratic

B. Legal-rational

C. Charismatic

D. Traditional