MCQOPTIONS
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MCQOPTIONS
This section includes 1337 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Weber,s abstract model of bureaucracy entails______________? |
| A. | task specialization governed by explicit rule |
| B. | a pyramid of authority based on inherited privilege |
| C. | leadership by a self-appointed |
| D. | None of the above |
| Answer» B. a pyramid of authority based on inherited privilege | |
| 2. |
A demand-side theory that focuses on the role of money to finance aggregate demand is termed__________? |
| A. | monetarism |
| B. | Reaganism |
| C. | the gold standard |
| D. | cash and carry |
| Answer» B. Reaganism | |
| 3. |
If the GNP increases by 8% and prices increase by 3% the actual growth rate is_______________? |
| A. | 11% |
| B. | 5% |
| C. | 8% |
| D. | 3% |
| Answer» C. 8% | |
| 4. |
“The capacity of a nation to use its resources to affect the behavior of other nations” is a definition of________________? |
| A. | foreign policy |
| B. | diplomacy |
| C. | power in the context of international relations |
| D. | international law |
| Answer» D. international law | |
| 5. |
An ideology or doctrine spread through persuasion is______________? |
| A. | propaganda |
| B. | journalism |
| C. | foreign policy |
| D. | diplomacy |
| Answer» B. journalism | |
| 6. |
When the government must pay for fighter planes based on commitments made five years previously the spending the spending is called________________? |
| A. | discretionary |
| B. | uncontrollable |
| C. | balanced |
| D. | unavoidable |
| Answer» C. balanced | |
| 7. |
Variables that exercise influence on other variables are called ? |
| A. | independent variables |
| B. | constants |
| C. | dependent variables |
| D. | none of the above |
| Answer» D. none of the above | |
| 8. |
Engineers lawyer’s investment bankers’ top CEOs entertainers and so on are described as_____________? |
| A. | nouveau riches |
| B. | generation x-ers |
| C. | baby boomers |
| D. | symbolic analysts |
| Answer» E. | |
| 9. |
Manipulation of taxation and spending levels is______________? |
| A. | fiscal policy |
| B. | monetary policy |
| C. | incomes |
| D. | revenue policy |
| Answer» B. monetary policy | |
| 10. |
Economic policies do not work as well as they should because of obstacles posed by______________? |
| A. | timing |
| B. | interpretation |
| C. | implementation |
| D. | all of the above |
| Answer» E. | |
| 11. |
What is the Phillips curve ? |
| A. | a reference to a government economist favoring high taxes |
| B. | a special kind of screw driver that reflects the functioning of the economy |
| C. | a graphic representation of conflict between full employment and inflation |
| D. | a deflationary curve |
| Answer» D. a deflationary curve | |
| 12. |
The difference in the three most prevalent economic systems lies in how ? |
| A. | the people respect the government |
| B. | much the government interferes in the economy |
| C. | profits are made |
| D. | easy it is become rich |
| Answer» C. profits are made | |
| 13. |
During and after a depression the government can use fiscal policy through its powers of_____________? |
| A. | spending and taxation |
| B. | wage regulation |
| C. | income ceilings |
| D. | bank regulation |
| Answer» B. wage regulation | |
| 14. |
If labour productivity per week is 200 units and there are 5 employees what is the total output ? |
| A. | 40 units |
| B. | 195 units |
| C. | 1000 units |
| D. | 200 units |
| Answer» B. 195 units | |
| 15. |
Ethnocentrism has two meanings The version which may alternatively be called ethnochauvinism refers to the conviction that__________________? |
| A. | one,s own culture subculture or society is best bar none |
| B. | women are subordinate in every culture |
| C. | other cultures can be judged by the standards of one,s own |
| D. | the males of a given ethnic group are superior |
| Answer» B. women are subordinate in every culture | |
| 16. |
Cults differ from sects in that______________? |
| A. | they are small voluntary and exclusive |
| B. | they reject the status quo |
| C. | the have no ties to existing religious groups |
| D. | all of the above |
| Answer» E. | |
| 17. |
Sex roles are______________? |
| A. | behavioral norms into which males and females are socialized |
| B. | behavioral norms into which only males are socialized |
| C. | equivalent to macho roles |
| D. | what women are attempting to throw off |
| Answer» B. behavioral norms into which only males are socialized | |
| 18. |
Disposable income is the part of households income left after the deduction of ? |
| A. | income tax and social security payments |
| B. | taxes and the addition of benefits |
| C. | income tax |
| D. | contractual payments such as pensions and mortgages |
| Answer» C. income tax | |
| 19. |
There is a tendency for people to_______________? |
| A. | rebel against group norms |
| B. | accept group norms |
| C. | respond only to negative sanctions |
| D. | respond only to violence |
| Answer» C. respond only to negative sanctions | |
| 20. |
Zero population growth______________? |
| A. | means that the number of births equals the number of deaths in country in any given year |
| B. | signifies that the deaths exceed the births |
| 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 |
| Answer» B. signifies that the deaths exceed the births | |
| 21. |
Injections ? |
| A. | Decrease aggregate demand |
| B. | Always equal savings |
| C. | Always equal national income |
| D. | include investment and export spending |
| Answer» D. include investment and export spending | |
| 22. |
The most recent view of black family problems is that they are a result of_______________? |
| A. | biology |
| B. | the heritage of slavery |
| C. | historic events of recent years |
| D. | none of the above |
| Answer» D. none of the above | |
| 23. |
The emergence of the sate as a result of a “social contract” is the hypothesis found in the work of________________? |
| A. | Talcott Parsons |
| B. | Thomas Hobbes |
| C. | Karl Marx |
| D. | Jean-Jacques Rousseau |
| Answer» C. Karl Marx | |
| 24. |
Which religion includes a hierarchy of gods? |
| A. | Christianity |
| B. | Shintoism |
| C. | Zoroastrianism |
| D. | Hinduism |
| Answer» E. | |
| 25. |
Negative life chances correspond to__________________? |
| A. | a high position in the stratification system |
| B. | a low position in the stratification system |
| C. | lack of talent |
| D. | lack of desire for an education |
| Answer» C. lack of talent | |
| 26. |
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. | |
| 27. |
The most numerous forms of business ownership in the United States is the________________? |
| A. | partnership |
| B. | subchapter S corporation |
| C. | sole survivorship |
| D. | sole proprietorship |
| Answer» E. | |
| 28. |
In a few cultures a women can have several husbands at one time This custom is called_________________? |
| A. | monogamy |
| B. | bigamy |
| C. | polyandry |
| D. | polygyny |
| Answer» D. polygyny | |
| 29. |
Approximately how many people inhabit the earth ? |
| A. | 50 billion |
| B. | 6 billion |
| C. | 12 billion |
| D. | 1.2 billion |
| Answer» C. 12 billion | |
| 30. |
Rates of poverty tend to be highest among_______________? |
| A. | Female headed households |
| B. | children |
| C. | minorities |
| D. | all of the above |
| Answer» E. | |
| 31. |
The allocation of tasks to particular individuals who specialize in performing them is referred to as_______________? |
| A. | division of labor |
| B. | status fulfillment |
| C. | ascribed status |
| D. | status specialization |
| Answer» B. status fulfillment | |
| 32. |
Some of the restrictions as work in a market include________________? |
| A. | prices of goods and services |
| B. | income for labor |
| C. | prices of resources for firms |
| D. | all of the above |
| Answer» C. prices of resources for firms | |
| 33. |
Most population experts_______________? |
| A. | expect the growth rate to remain constant |
| B. | expect population to level off at between 8 and 15 billion people |
| C. | have written off the Malthusian prophecy altogether |
| D. | believe that a high fertility rate continues to be necessary in the developing nations |
| Answer» C. have written off the Malthusian prophecy altogether | |
| 34. |
An ascribed status that a person cannot change is________________? |
| A. | race |
| B. | religion |
| C. | political party |
| D. | last name |
| Answer» B. religion | |
| 35. |
A minority group consists of______________? |
| A. | fewer people than the majority group |
| B. | people distinguished by their physical or cultural traits |
| C. | the hostile subcultures in the society |
| D. | the most recently settled immigrants |
| Answer» C. the hostile subcultures in the society | |
| 36. |
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 | |
| 37. |
In rural Pakistan a person must marry within his or her caste This custom is called______________? |
| A. | exogamy |
| B. | endogamy |
| C. | polygamy |
| D. | purdah |
| Answer» C. polygamy | |
| 38. |
The most common form of marriage today is_______________? |
| A. | polygamy |
| B. | polyandry |
| C. | polygyny |
| D. | none of these |
| Answer» E. | |
| 39. |
The high divorce rate in industrial societies related to______________? |
| A. | the importance of religion |
| B. | the low status of women |
| C. | emphasis on group goals |
| D. | the stress on values of individualism and personal goals |
| Answer» E. | |
| 40. |
Natural resources are_______________? |
| A. | infinite |
| B. | finite |
| C. | ready to support many more billions of people |
| D. | dispensable |
| Answer» C. ready to support many more billions of people | |
| 41. |
Foreign aid________________? |
| A. | has been used as an instrument of foreign policy by the U.S |
| B. | should be abolished until poverty is eliminated is our own society |
| C. | is what ultimately overthrowing communism |
| D. | None of the above |
| Answer» B. should be abolished until poverty is eliminated is our own society | |
| 42. |
Which is NOT a theoretical perspective on international relations_______________? |
| A. | globalism |
| B. | pluralism |
| C. | scientific democracy |
| D. | neorealism |
| Answer» D. neorealism | |
| 43. |
Which is NOT a common objective of states ? |
| A. | Physical survival |
| B. | Territorial integrity |
| C. | Political independence |
| D. | Cultural diversity |
| Answer» E. | |
| 44. |
Historically nations are impacted by_______________? |
| A. | change in the distribution of power |
| B. | technological progress |
| C. | climactic changes from the ice age to global heating |
| D. | BOTH fluctuations in the distribution of power and technological progress |
| Answer» E. | |
| 45. |
The balance-of-power system in which four of more major powers competed and formed shifting alliances to avoid any one becoming stronger than any other was called the________________? |
| A. | multipolar system |
| B. | bipolar system |
| C. | assured destruction system |
| D. | unipolar system |
| Answer» B. bipolar system | |
| 46. |
It is most accurate to say that_____________? |
| A. | the global social system closely resembles a social system closely resembles a social system |
| B. | the global social system differs considerably from a societal social system |
| C. | a global social system does not exist |
| D. | there exists consensus on values on a global level |
| Answer» C. a global social system does not exist | |
| 47. |
Romance as a reason for marriage________________? |
| A. | is an ancient principle |
| B. | is a modern invention |
| C. | prevents divorce |
| D. | contributes to divorce |
| Answer» C. prevents divorce | |
| 48. |
One conclusion that may be drawn regarding American foreign policy is that________________? |
| A. | morality will be the foundation of foreign policy |
| B. | Americans do not always act according to their ideology |
| C. | the world operates on generous feelings toward others |
| D. | none of the above |
| Answer» C. the world operates on generous feelings toward others | |
| 49. |
The foreign alliances the U.s has entered into have resulted in__________________? |
| 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 |
| Answer» C. assurance that allies will back up U.S | |
| 50. |
Which of the following nations can be trusted NOT to explode atomic bombs on the surface of the earth ? |
| A. | China |
| B. | France |
| C. | Russia |
| D. | none of these |
| Answer» E. | |