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.

201.

The urban crisis________________?

A. is intensified by the move of the middle class to the suburbs
B. has been reduced by urban renewal
C. has been intensified by gentrification
D. is well on the way to being resolved
Answer» B. has been reduced by urban renewal
202.

The Untied States Constitution provides for the________________?

A. doctrine of elitist pluralism
B. doctrine of executive privilege
C. principle of federalism
D. concept of polis
Answer» D. concept of polis
203.

The unraveling of soviet communism can be traced to______________?

A. a failure in raised expectations
B. the oppressive role of the Communist Party
C. the failure of the Soviet economy to provide for consumer goods
D. all of the above
Answer» E.
204.

The United Stats in an exception in that_________________?

A. wealth correlates with religion
B. wealth does not correlate with religion
C. in most wealth nations religion is very important
D. none of the above
Answer» C. in most wealth nations religion is very important
205.

The United States government includes the following traits____________?

A. federalism
B. a subordinate judiciary
C. unlimited power
D. appointed representatives
Answer» B. a subordinate judiciary
206.

The United States government began to function in_______________?

A. 1763
B. 1776
C. 1781
D. 1788
Answer» E.
207.

The United States Canada Northern and Western Europe among other areas are________________?

A. in the first stage of the demographic transition
B. still trying to curb population growth
C. threatened by under population
D. in the third stage of the demographic transition
Answer» E.
208.

The United Nations__________________?

A. Is primarily an instrument of the U.S
B. Open supports communist and socialist regimes
C. is extremely effective in policing the world
D. None of the above
Answer» E.
209.

The unique two-party system in the United States is based on______________?

A. the need to have religious representation in government
B. proportional representation
C. extremist ideologies
D. broad agreement on basic principles
Answer» E.
210.

The ultimate effect of stratification systems is to________________?

A. create inequality
B. help people decide whom they should marry
C. provide a work force for society
D. fulfill the laws of nature
Answer» B. help people decide whom they should marry
211.

The type of foreign policy decisions made by the governmental bureaucracy fall into the category of_______________?

A. crisis decisions
B. administrative foreign policy
C. legislative decisions
D. constructive foreign policy
Answer» C. legislative decisions
212.

The Truman Doctrine Marshall Plan and NATO are characteristic of which period ?

A. isolationism
B. interventionism
C. containment
D. internationalism
Answer» D. internationalism
213.

The trend toward early retirement seems to be______________?

A. irreversible
B. the inevitable outcome of modernization
C. a reasonable response to the declining intellectual performance that occurs after age 55
D. none of the above
Answer» E.
214.

The Treaty of Westphalia established ?

A. secure borders between Germany and France
B. the principle that state religions were forbidden
C. King Henry the VII as the Holy Roman Emperor
D. that the power of the state superseded the power of the Catholic church
Answer» E.
215.

The treatment of mental illness based on rewards and punishment is referred to as_____________?

A. chemotherapy
B. hypnotherapy
C. shock therapy
D. behavior therapy
Answer» E.
216.

The transitional period between the dominance of one party or another is called_______________?

A. realignment
B. dealignment
C. alignment
D. derailment
Answer» B. dealignment
217.

The transition from rural living to city living occurred because_______________?

A. there was less need for farm workers as agriculture became mechanized
B. factories were concentrated in cities
C. social change dictated a new fad urban living
D. of BOTH a decrease in the need for farm workers and the fact that factories were located in cities
Answer» E.
218.

The transition from a charismatic religious leaders direct example to routine procedures and observances is called______________?

A. differentiation
B. denomination
C. institutionalization
D. bureaucratization
Answer» D. bureaucratization
219.

The totality of the phenomenon under study is called the_______________?

A. population
B. universe
C. sample
D. inferential
Answer» B. universe
220.

The total quantity of goods and services produced (or supplied) in an economy in a given period is ?

A. aggregate investment
B. aggregate expenditure
C. aggregate demand
D. aggregate output
Answer» E.
221.

The total costs are Rs2000 and 10 units are produced. The marginal cost of an 11th unit is Rs1300 Which of the following is true ?

A. The average cost increase from Rs20 to Rs30
B. The total costs for 11 units are Rs700
C. The average cost for 10 units is Rs1300
D. The average cost for 11 units is Rs1300
Answer» D. The average cost for 11 units is Rs1300
222.

The three most important nations in Asia are_______________?

A. Singapore South Korea and Malaysia
B. Hong Kong Macao Bali
C. Japan India China
D. Taiwan Indonesia Tibet
Answer» D. Taiwan Indonesia Tibet
223.

The third function of the legislative branch is________________?

A. oversight
B. ensuring that jobs are provided equally
C. provide an opposition party to the administration in office
D. none of the above
Answer» B. ensuring that jobs are provided equally
224.

The theory speculating that every society develops a number of cultural goals for members to attain but that attainment is not possible for all is called the_____________?

A. anomie theory
B. differential association theory
C. deviant personality theory
D. focal concerns theory
Answer» B. differential association theory
225.

The theory of symbolic interactionism in personality formation is associated with_______________?

A. William Sheldon
B. Abraham Maslow
C. Charles Horton Cooley
D. George Herbert Mead
Answer» C. Charles Horton Cooley
226.

The theologian Ludwig Feuerbach portrayed God as_______________?

A. an inappropriate object of worship
B. a figment of the human imagination
C. a sort of ideal
D. all of the above
Answer» C. a sort of ideal
227.

The text primarily applied Weber,s notion of status to______________?

A. positions in the social system
B. ranked occupational positions
C. spending and consumption patterns
D. prestige derived from ancestry
Answer» C. spending and consumption patterns
228.

The term “prejudice” implies that_________________?

A. one makes a judgment before having all the facts
B. one refuses to change one,s mind even when confronted by facts
C. one takes action against minorities
D. ones judgments are BOTH preconceived and unchangeable
Answer» E.
229.

The term “Neo-Freudian “refers to__________________?

A. behavior based on sexual drives
B. thinkers prior to Freud who anticipated his ideas
C. thinkers opposed to psychoanalysis
D. thinkers influenced by Freud who have modified his ideas
Answer» E.
230.

The term “minority “may be defined as______________?

A. a small group of people living within a large nation
B. a group of people who possess the same access to prestige privilege and power but who differ in looks
C. any group in society that is socially dominated by another group through discrimination because of race culture religion or sex
D. any small group in society which is disliked and abused
Answer» D. any small group in society which is disliked and abused
231.

The term “ecclesia” means_______________?

A. a book of the Bible
B. a member of the clergy
C. a universal religion
D. a state religion
Answer» E.
232.

The term “constitutional” is reserved to describe________________?

A. a government that acts arbitrarily
B. a government that operates in accordance with general rules and limitations
C. an agreement or treaty in written form
D. a government that is no subject to restraints on political power
Answer» C. an agreement or treaty in written form
233.

The teen pregnancy rate_________________?

A. began to decline in 1997
B. has declined principally for non-Hispanic black teens
C. is highest among Asian teens
D. only A and B
Answer» E.
234.

The teenage birthrate_______________?

A. has soared in the past two years
B. has declined in the past several years
C. is highest among white teenagers
D. none of the above
Answer» C. is highest among white teenagers
235.

The technological revolution that led to the control of food production is called the_______________?

A. Paleolithic revolution
B. Industrial revolution
C. Agricultural revolution
D. Cultural revolution
Answer» D. Cultural revolution
236.

The system of distributing political power between a central national government and the governments of the geographical regions of the nation is called ?

A. confederacy
B. federalism
C. centralism
D. Unitarianism
Answer» C. centralism
237.

The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?

A. voters do have a choice in elite competition
B. the elites have a consensus on basic democracy
C. new groups can become the new elite
D. all of the above
Answer» E.
238.

The Superego of Freud,s theory is similar to Mead,s ?

A. l
B. me
C. generalized other
D. libido
Answer» D. libido
239.

The succession of stages in Jean Piaget,s model of cognitive development is_______________?

A. infancy childhood adolescence and adulthood
B. early childhood plays concrete operational and formal operational
C. sensimotor pre-operational intuitive operational and concrete operational
D. sensorimotor intuitive operational concrete operational and formal operational
Answer» E.
240.

The subordinate position of women in decision making may result from_____________?

A. the instrumental role assumed by males
B. women being less intelligent than men
C. the choice of women as leaders
D. women’s modesty
Answer» B. women being less intelligent than men
241.

The study of traits that appear in specific population as adaptation to specific environments is called ?

A. physical anthropology
B. cultural anthropology
C. demography
D. psychology
Answer» B. cultural anthropology
242.

The study of human group behavior is the definition of________________?

A. psychology
B. geology
C. sociology
D. none of the above
Answer» D. none of the above
243.

The study and comparative analysis of preliterate societies is one of the chief concerns of______________?

A. sociology
B. psychology
C. anthropology
D. history
Answer» D. history
244.

The struggle of women and ethnic minorities to change certain discriminatory practices concerns ?

A. role strain
B. ascribed statuses
C. master statuses
D. role conflict
Answer» C. master statuses
245.

The structural functionalist explanation of social stratification asserts that________________?

A. nature demands the existence of social classes
B. there is a limited number of skilled talented people thus they should be rewarded
C. resources are plentiful so there is enough for all
D. people were not meant to work
Answer» C. resources are plentiful so there is enough for all
246.

The strongest urge that all living creatures feel is to__________________?

A. avoid stress
B. be important
C. feel respectable
D. reproduce themselves
Answer» E.
247.

The state has the following relationship to force__________________?

A. it shares it with the citizens
B. it lacks it completely in democracy
C. it has a monopoly on it
D. it gives it up to the people
Answer» D. it gives it up to the people
248.

The stages of the demographic transition model are_________________?

A. high births high death rates
B. low death rates high birthrates
C. low birth rates low death rates
D. all of the above
Answer» E.
249.

The speculative demand for money occurs when ?

A. Individuals hold money just in case an emergency happens
B. Individuals hold money to buy things
C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
D. Individuals hold money to shop
Answer» C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
250.

The socially optimal rate of growth is ?

A. Zero
B. Negative
C. Where the marginal social benefit = the marginal social cost
D. Total social costs are minimised
Answer» D. Total social costs are minimised