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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.
1101. |
An outward shift of the production possibility frontier may be caused by ? |
A. | An increase in demand |
B. | More government spending |
C. | Better training of employees |
D. | Productive inefficiency |
Answer» D. Productive inefficiency | |
1102. |
An outward shift in the Marginal Efficiency of Capital should ? |
A. | Decrease consumption |
B. | Increase aggregate demand |
C. | Reduce aggregate supply |
D. | Slow economic growth |
Answer» D. Slow economic growth | |
1103. |
An outward shift in the demand for money other things being equals should lead to ? |
A. | A lower interest rate but the same quantity of money |
B. | A higher interest rate but the same quantity of money |
C. | A higher quantity of money but lower interest rates |
D. | A higher quantity of money but the same interest rate |
Answer» D. A higher quantity of money but the same interest rate | |
1104. |
An intensive study of an individual or a small group is made by using the following research method ? |
A. | case study |
B. | cross sectional sample |
C. | longitudinal sample |
D. | experiment |
Answer» B. cross sectional sample | |
1105. |
An infant,s cries for help_______________? |
A. | signify a weakness in its development |
B. | are instrumental in cementing the mother-infant bonding |
C. | should be ignored or the infant will be spoiled |
D. | are natural in all mammals |
Answer» C. should be ignored or the infant will be spoiled | |
1106. |
An individual learns to be a human being by______________? |
A. | instincts |
B. | socialization |
C. | cosmic influences |
D. | in our society watching television |
Answer» C. cosmic influences | |
1107. |
An independent assessment of the impact of firm’s activities on society is called a ? |
A. | Financial audit |
B. | Balance sheet |
C. | Profit and loss account |
D. | Social audit |
Answer» B. Balance sheet | |
1108. |
An increase in the marginal propensity to consume will ? |
A. | increase the size of the multiplier |
B. | Increase the marginal propensity to save |
C. | Decrease national income |
D. | Reduce injections into the economy |
Answer» C. Decrease national income | |
1109. |
An increase in national income is ? |
A. | Likely in increase exports |
B. | Likely to decrease savings |
C. | Likely to decrease investment |
D. | Likely to increase spending on imports |
Answer» B. Likely to decrease savings | |
1110. |
An increase in national income is likely to ? |
A. | Decrease tax receipts |
B. | Worsen the balance of trade |
C. | Automatically cause an increase in government spending |
D. | causes an increase in injections into the economy |
Answer» B. Worsen the balance of trade | |
1111. |
An increase in investment is most likely to be caused by ? |
A. | Lower interest rates |
B. | Lower national income |
C. | A decrease in the marginal propensity to consume |
D. | An increase in withdrawals |
Answer» D. An increase in withdrawals | |
1112. |
An increase in interest rates ? |
A. | Is likely to reduce savings |
B. | Is likely to reduce the external value of the currency |
C. | Leads to a shift in the MEC schedule |
D. | Leads to a movement along the MEC schedule |
Answer» D. Leads to a movement along the MEC schedule | |
1113. |
An increase in consumption at any given level of income is likely to lead to ? |
A. | A fall is savings |
B. | An increase in exports |
C. | A fall in taxation revenue |
D. | A decrease in import spending |
Answer» C. A fall in taxation revenue | |
1114. |
An ideology or doctrine spread through persuasion is______________? |
A. | propaganda |
B. | journalism |
C. | foreign policy |
D. | diplomacy |
Answer» B. journalism | |
1115. |
An ideology is______________? |
A. | a set of ideas values and attitudes |
B. | a testable theory |
C. | always based on religion |
D. | none of the above |
Answer» B. a testable theory | |
1116. |
An extreme type of coercive organizations is called a(n) _______________-? |
A. | oligarchy |
B. | economic institution |
C. | public institution |
D. | total institution |
Answer» E. | |
1117. |
An extreme example of the consequences of ethnocentrism in the sense of ethnochauvinism is_____________? |
A. | cultural relativity |
B. | “ethnic cleansing” |
C. | ethnic pluralism |
D. | assimilation |
Answer» C. ethnic pluralism | |
1118. |
An example of unconscious socialization would be____________________? |
A. | child taught to read |
B. | child absorbing parents’ attitudes toward race |
C. | correcting child’s use of worlds |
D. | child taught to use knife and fork |
Answer» C. correcting child’s use of worlds | |
1119. |
An example of resource versatility is_________________? |
A. | land used for both mining and recreation |
B. | Swimming fishing and boating in the same lake |
C. | stringing beads in the morning fishing in the afternoon, and teaching bead stringing at night |
D. | All of the above |
Answer» B. Swimming fishing and boating in the same lake | |
1120. |
An example of polytheism is________________? |
A. | Hinduism |
B. | Christianity |
C. | Buddhism |
D. | Zoroastrianism |
Answer» B. Christianity | |
1121. |
An example of a temporary subculture would be_______________? |
A. | the MTV generation |
B. | vegetarians |
C. | monks in a convent |
D. | players of chess |
Answer» B. vegetarians | |
1122. |
An example of a state that has had to worry about and defend its very physical existence is_______________? |
A. | Egypt |
B. | Israel |
C. | Palestine |
D. | Lebanon |
Answer» C. Palestine | |
1123. |
An example of a permanent or enduring subculture would be_______________? |
A. | a group of guerrillas |
B. | the military establishment |
C. | life in a survivalist enclave |
D. | a doomsday cult |
Answer» C. life in a survivalist enclave | |
1124. |
An example of a category would be_____________? |
A. | the N.A.A.C.P |
B. | the N.R.A |
C. | sharpshooters at a pistol range |
D. | all the redheads currently imprisoned in the U.S |
Answer» E. | |
1125. |
An example of a basic pivotal institution is_____________? |
A. | show business |
B. | gossip |
C. | sports |
D. | the family |
Answer» E. | |
1126. |
An emotional disorder that still allows one to work in society is called a(n) ? |
A. | neurosis |
B. | psychosis |
C. | halitosis |
D. | prognosis |
Answer» B. psychosis | |
1127. |
An economy may operate outside the production possibility Frontier if ? |
A. | It is not utilizing its resources fully |
B. | It is being productively efficient |
C. | It is a mixed economy |
D. | It is trading other economies |
Answer» E. | |
1128. |
An ecological city is___________________? |
A. | the central city suburbs and satellites |
B. | one with a recycling enter |
C. | one containing a clean water supply for the area |
D. | where urban planning originates |
Answer» B. one with a recycling enter | |
1129. |
An ascribed status that a person cannot change is________________? |
A. | race |
B. | religion |
C. | political party |
D. | last name |
Answer» B. religion | |
1130. |
An area which is today in the first stage of the demographic transition is the following________________? |
A. | U.S.A |
B. | china |
C. | Tropical Africa |
D. | Japan |
Answer» D. Japan | |
1131. |
An anthropologist living with a group of people and engaging in some of their rituals is using the following research method ? |
A. | sample survey |
B. | participant observation |
C. | statistical survey |
D. | experiment |
Answer» C. statistical survey | |
1132. |
An accountant is part of which sector ? |
A. | primary |
B. | secondary |
C. | Tertiary |
D. | Quaternary |
Answer» D. Quaternary | |
1133. |
Among the reason for overturning death penalty verdicts on appeal are______________? |
A. | improved DNA technology |
B. | findings of incompetent counsel |
C. | indications that prosecutors or police withheld information |
D. | all of the above |
Answer» E. | |
1134. |
Among the leading causes of divorce are_______________? |
A. | drug and alcohol abuse |
B. | infidelity |
C. | physical abuse |
D. | none of the above |
Answer» E. | |
1135. |
Among the leading causes of divorce are______________? |
A. | infidelity |
B. | personality differences |
C. | incompatibility |
D. | only b and c |
Answer» E. | |
1136. |
Among the factors that favor individual mobility are_________________? |
A. | late marriage |
B. | rural residence |
C. | one of many children |
D. | none of the above |
Answer» B. rural residence | |
1137. |
Among the changes in the family institution which is false ? |
A. | families have gotten larger |
B. | the birthrate has greatly declined |
C. | there has been an increase in voluntary childlessness |
D. | marriage rates have declined |
Answer» B. the birthrate has greatly declined | |
1138. |
Among the causes of violence the most probable is/are___________________? |
A. | a shocking decline in moral standards |
B. | a street ethic that requires young men to commit murder to prove their manhood |
C. | violence presented as entertainment by the media |
D. | poverty drugs and hopelessness |
Answer» E. | |
1139. |
Americans who join voluntary associations are generally ? |
A. | poor |
B. | black |
C. | Catholic |
D. | urban |
Answer» E. | |
1140. |
Americans proclaim the need for honesty but cheat on their tax returns This situation indicates that_____________? |
A. | the overt culture is consistent |
B. | Americans often follow a covert culture in actual behavior |
C. | there is no covert culture in the United States |
D. | people are only human |
Answer» C. there is no covert culture in the United States | |
1141. |
Americans are likely to experience culture shock_______________? |
A. | every time a new administration comes into office |
B. | when they inadvertently see a pornographic movie |
C. | when they come in contact with an unfamiliar culture |
D. | when they witness atrocities committed in wars |
Answer» D. when they witness atrocities committed in wars | |
1142. |
American foreign aid after World War II_________________? |
A. | helped the domestic economies of industrial nations |
B. | boosted international trade |
C. | prevented revolutionary movements from starting in a number of nations |
D. | all of the above |
Answer» C. prevented revolutionary movements from starting in a number of nations | |
1143. |
American military policy has been built on___________________? |
A. | assured destruction capability |
B. | very large number of troops |
C. | trust in U.S allies |
D. | a spirit of peace in the world |
Answer» B. very large number of troops | |
1144. |
All systems of stratification display the following characteristics except_________________? |
A. | differentiation |
B. | segmentation |
C. | ranking |
D. | institutionalization |
Answer» C. ranking | |
1145. |
All religions once established consist of_________________? |
A. | beliefs rituals and organization |
B. | doctrine sacraments and priests |
C. | dogma ecclesia and faith |
D. | church clergy and believers |
Answer» B. doctrine sacraments and priests | |
1146. |
All languages encompass and express notions of____________? |
A. | shame and quilt |
B. | past and future |
C. | love and endearment |
D. | none of the above |
Answer» E. | |
1147. |
All but WHICH of the following characteristics of humans led to the development of science ? |
A. | Blushing |
B. | Curiosity |
C. | Fascination With the self |
D. | The use of reason |
Answer» E. | |
1148. |
Agriculture in industrial nations is now based on_________________? |
A. | many small farmers |
B. | greater productivity of farms because of mechanization |
C. | increase in rural population |
D. | artificial food production |
Answer» C. increase in rural population | |
1149. |
Agrarian societies are based on_____________? |
A. | the use of the plow |
B. | hunting animals |
C. | factories |
D. | farm animals |
Answer» B. hunting animals | |
1150. |
Aggregate demand is defined as_________________? |
A. | one person’s demand for goods and services |
B. | the lack of demand for goods and services |
C. | the total demand in a society or on a world level for goods and services |
D. | none of the above |
Answer» D. none of the above | |