Explore topic-wise MCQs in Economics.

This section includes 1267 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.

1051.

Children of divorce have________________?

A. no problems
B. a preference for parental conflict rather than their divorce
C. the most difficulty at ages nine and ten
D. fewer problems of adjustment than children from intact families
Answer» D. fewer problems of adjustment than children from intact families
1052.

Children have taken on the role of the generalized other when______________?

A. most of the important norms have been internalized
B. they start school
C. they have learned to speak
D. they are consciously socialized
Answer» C. they have learned to speak
1053.

Child abuse___________________?

A. includes physical and emotional neglect
B. refers to a wide range of maltreatment
C. has a victimization rate of 12.3 per 1,000 children
D. only A B and C
Answer» E.
1054.

Chemical pesticides________________?

A. continue to control pests for many years
B. leach out of the ground quickly
C. are harmless to humans
D. can be toxic to other forms of life
Answer» E.
1055.

Charismatic leaders_______________?

A. appear only in traditional societies
B. may appear in societies with either a traditional or a legal-rational base of authority
C. establish a stable social organization
D. are only characteristic of theocracies
Answer» C. establish a stable social organization
1056.

Change may be experienced on three levels__________________?

A. personal impersonal social
B. invention discovery exploration
C. micro middle and macro
D. planning reform revolution
Answer» D. planning reform revolution
1057.

Change may be experienced at which level ?

A. Alpha beta and delta
B. Micro middle and macro
C. High and low
D. Public and public opinion
Answer» C. High and low
1058.

Change felt through new patterns of individual and small-group interaction is called_______________?

A. diffusion
B. micro-level change
C. innovation
D. macro-level change
Answer» C. innovation
1059.

CEO stands for_______________?

A. clear everybody out
B. capital employment outlay
C. chief executive officer
D. chief executive officer
Answer» D. chief executive officer
1060.

Censorship______________?

A. is the same as propaganda
B. gives a one-sided interpretation of an issue
C. deletes all or parts of information
D. is the opposite of propaganda?
Answer» D. is the opposite of propaganda?
1061.

Capitalisms roots can be found in_________________?

A. feudal agriculture
B. Christianity
C. machine-based production
D. dialectic materialism
Answer» D. dialectic materialism
1062.

By what method were the first cars ever manufactured produced ?

A. Craft method
B. Assembly-line method
C. Lean-production method
D. Production-line method
Answer» B. Assembly-line method
1063.

By “dependent relations” globalists mean_______________?

A. the legitimacy of nation -states depends upon propaganda and internal surveillance
B. industrial nations depend upon raw materials located in no-industrial nations
C. Third-World countries are maintained in a state of dependency by First-and Second- World nations
D. the effectiveness of the United Nations depends upon a cohesive Security Council
Answer» D. the effectiveness of the United Nations depends upon a cohesive Security Council
1064.

By advocating the acquisition of “more androgynous roles” by both men and women what is meant is that________________?

A. bisexuality should be the norm
B. we should adopt passive roles
C. we should adopt blurred ill-defined roles
D. we should combine male and female sex-typed traits
Answer» E.
1065.

By 2050 8 billion of the projected 9.5 billion people will be_____________________?

A. as wealthy as the developed nations
B. living in poor countries
C. living in industrial nations
D. living in predominantly agricultural nations
Answer» C. living in industrial nations
1066.

Burning your neighbor’s house down is considered a serious offense It is a violation of_____________?

A. folkways
B. mores
C. table manners
D. taboos
Answer» C. table manners
1067.

Bureaucracy is based on________________?

A. ad hoc rules
B. specialization
C. unpredictability
D. lack of authority
Answer» C. unpredictability
1068.

Bureaucracy and extensive social differentiation initially occur in the historical transition from_____________?

A. hunting and gathering to pastoral society
B. pastoral to horticultural society
C. horticultural to agricultural society
D. agricultural to industrial society
Answer» D. agricultural to industrial society
1069.

Both fiscal and monetary policies focus on____________________?

A. the supply side of the market
B. the demand side of the market
C. both sides of the market
D. the global market
Answer» C. both sides of the market
1070.

Birthrates________________?

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
Answer» E.
1071.

Birthrates remain high is the Third World because_________________?

A. there has been cultural lag following superimposed industrialization
B. in many cultures a man,s worth is measured by the number of his children
C. contraception is either opposed or not properly practiced
D. all of the above
Answer» E.
1072.

Biological factors which make the development of culture possible include ?

A. vision in depth
B. opposable thumb
C. erect walking posture
D. all of the above
Answer» E.
1073.

Biological explanations of deviance________________?

A. were popular during the first half of the 20th century
B. agree on the causes of deviance
C. are strongly supported scientifically
D. explain all types of deviance
Answer» B. agree on the causes of deviance
1074.

Billy Graham,s religious revival meetings are an example of_________________?

A. expressive crowds
B. social movements
C. people, s fear of the unknown
D. spiritual awakening
Answer» B. social movements
1075.

Before the Treaty of Westphalia (1648) political organization around the world had been_________________?

A. unilateral and generic
B. universal and local
C. empirical and patriotic
D. uniform and multiform
Answer» C. empirical and patriotic
1076.

Before ecological problems can be resolved what will probably need to happen ?

A. It will have to become politicized
B. The smog will have to increase
C. Acid rain will have to destroy our crops
D. Cultural values will have to change
Answer» E.
1077.

Barriers to entry ?

A. Enable abnormal profits to be made in the long run
B. Enable losses to be made in the long run
C. Enable abnormal profits to be made in the short run only
D. Occur in perfect competition
Answer» C. Enable abnormal profits to be made in the short run only
1078.

Assuming there is no government or foreign sector the formula for the multiplier is ?

A. 1/MPS
B. 1/(1+ MPC)
C. 1 – MPC
D. 1/MPC
Answer» B. 1/(1+ MPC)
1079.

Assuming there is no government or foreign sector, if the multiplier is 2.5 the MPC is ?

A. 4
B. 25
C. 6
D. 2.5
Answer» D. 2.5
1080.

Assuming there is no government or foreign sector, if the MPC is 8 the multiplier is ?

A. 5
B. 8
C. 2
D. 1.25
Answer» B. 8
1081.

Assume there is no government or foreign setor, If the MPC is 75 a Rs20 million decrease in planned investment will cause aggregate output to decrease by ?

A. Rs80 million
B. Rs20 million
C. Rs 15 million
D. Rs26.67 million
Answer» B. Rs20 million
1082.

As the MPS increases the multiplier will ?

A. decrease
B. remain constant
C. increase
D. either increase or decrease depending on the size of the change in investment
Answer» B. remain constant
1083.

As resources are shifted from one industry to another this can be shown by ?

A. An inward shift of the production possibility frontier
B. A movement along the production possibility frontier
C. An outward shift of the production possibility frontier
D. The pivoting of the production possibility frontier
Answer» C. An outward shift of the production possibility frontier
1084.

As of 2005 what proportion of women were in managerial professional and administrative positions ?

A. 20%
B. 12%
C. 50%
D. 4%
Answer» D. 4%
1085.

As of the late 1990s________________?

A. black unemployment was the same as that of whites
B. blacks and whites had the same average income
C. blacks and whites graduated from college at the same rate
D. at least 40 percent of blacks were squarely in the middle class
Answer» E.
1086.

As income increase ?

A. The average propensity to consume gets nearer in value of the marginal propensity to consume
B. The average propensity to consume diverges in value from the marginal propensity to consume
C. The average propensity to consume falls
D. The average propensity to consume always approaches 0
Answer» D. The average propensity to consume always approaches 0
1087.

As a result of social change some members of society_______________?

A. play new roles
B. occupy new statuses
C. become social climbers
D. take on BOTH new statuses and new roles
Answer» C. become social climbers
1088.

As a person age_____________?

A. health care costs decrease
B. senility sets in
C. senescence affects a small minority
D. none of the above
Answer» B. senility sets in
1089.

Armenia Georgia and Azerbaijan are_____________________?

A. Baltic nations
B. Slavic nations
C. Asian nations
D. African nations
Answer» D. African nations
1090.

Approximately what percentage of the population admits to being bisexual ?

A. 30 percent
B. 20 percent
C. 10 percent
D. 6 percent
Answer» E.
1091.

Approximately how many people inhabit the earth ?

A. 50 billion
B. 6 billion
C. 12 billion
D. 1.2 billion
Answer» C. 12 billion
1092.

Any combination of products inside the production possibility frontier is ?

A. Allocatively inefficient
B. X inefficient
C. Consumer inefficient
D. Productively inefficient
Answer» E.
1093.

Anthropology is restricted to the study of_______________?

A. primitive people only
B. prehistoric people only
C. modern peoples only
D. none of the above
Answer» E.
1094.

Anthropologists have developed ?

A. laws governing ancient societies
B. a number of theories
C. methods of explaining human behavior
D. none of the above
Answer» C. methods of explaining human behavior
1095.

Antarctica is occupied by several nations together because no one nations has________________?

A. sovereignty over it
B. the desire to rule it
C. interest in its resources
D. the power to take it over
Answer» B. the desire to rule it
1096.

Another way of talking about opportunity costs might be as________________?

A. economic consequences
B. social consequences
C. value of sacrificed resources
D. parallel world
Answer» D. parallel world
1097.

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

A. statuses are ascribed
B. authority is hierarchical
C. statuses are ranked
D. roles are scripted
Answer» D. roles are scripted
1098.

Another term for nationalism might be________________?

A. racism
B. imperialism
C. colonialism
D. national ethnocentrism
Answer» E.
1099.

Another name for cultural transmission theory is______________?

A. anomie
B. labeling theory
C. innovation
D. differential association theory
Answer» E.
1100.

Anger is_______________?

A. an innate human response to deprivation and frustration
B. a definite sharply defined emotion
C. subject to manipulation
D. all of the above
Answer» E.