Explore topic-wise MCQs in Economics Mcqs.

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.

51.

According the law of diminishing returns ?

A. The marginal product fall as more units of a variable factor are added to a fixed factor
B. Marginal utility falls as more unity of a product are consumed
C. The total product falls as more units of a variable factor are added to a fixed factor
D. The marginal product increases as more units of a variable factor are added to a fixed factor
Answer» B. Marginal utility falls as more unity of a product are consumed
52.

The legitimate possession of power is a definition of______________?

A. force
B. the police
C. the state
D. authority
Answer» E.
53.

Religion has the function of________________?

A. supporting societal norms
B. making life anxiety-ridden
C. having the individual lose his/her identity
D. decreasing a person’s sense of security
Answer» B. making life anxiety-ridden
54.

Which method of child care is best for children ?

A. Spending at least 20 hours with a person other than the mother
B. Being cared for by the biological mother even if she would rather work outside the house
C. We do not really know
D. Being in a day-care center with other children of the same age
Answer» D. Being in a day-care center with other children of the same age
55.

When internal economies of scale occur ?

A. Total costs fall
B. Marginal costs increase
C. Average costs fall
D. Revenue falls
Answer» D. Revenue falls
56.

The most important determinant of scholastic success is________________?

A. how well the students’ parents did in school
B. the peer group influence
C. the opinion of the neighbors
D. a family’s values regarding education
Answer» E.
57.

A nineteenth-century model of rote education which imitated the assembly line was called the______________?

A. Schumpeterian system
B. Birmingham system
C. Topeka system
D. Lancaster system
Answer» E.
58.

Which of the following is an unintended function of education ?

A. Reinforcement of society’s stratification system
B. Understanding mathematical concepts
C. Reinforcement of grammatical forms in language
D. Formation of youth leadership groups
Answer» B. Understanding mathematical concepts
59.

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
60.

Liberation theory is______________?

A. another name for atheism
B. a fusion of Christianity and Marxism
C. a doctrine of personal transcendence
D. a branch of Roman Catholicism
Answer» C. a doctrine of personal transcendence
61.

Secularization will_______________?

A. finally destroy religion in the United States
B. promote secular humanism
C. stimulate new sects and cults to overcome the secularization process
D. be punished by God
Answer» D. be punished by God
62.

The Protestant denomination emphasized in Max Weber,s Protestant Ethic and the Spirit of Capitalism was_______________?

A. Baptism
B. Anglicanism
C. Calvinism
D. Lutheranism
Answer» D. Lutheranism
63.

Stressing the desirability of retaining each group,s cultural distinctiveness is part of the ideology of______________?

A. Anglo-conformity
B. melting pot
C. ethnicity
D. cultural pluralism
Answer» E.
64.

According to functionalism the fundamental human needs are_____________?

A. income safety and deference
B. life liberty and the pursuit of property
C. survival and expressiveness
D. control over nature and the denial of death
Answer» D. control over nature and the denial of death
65.

From the point of view of Catholicism Protestantism began as a(n)________________?

A. cult
B. charismatic movement
C. fundamentalist movement sect
D. ecclesia
Answer» B. charismatic movement
66.

The reality that lies beyond human perception is called__________________?

A. transpersonal reality
B. paranormal reality
C. transient reality
D. transcendent reality
Answer» E.
67.

The noncustodial parent______________?

A. renounces all responsibility for his children
B. is often a “deadbeat dad”
C. is usually unfit to be a parent
D. none of the above
Answer» C. is usually unfit to be a parent
68.

The “real revolution” of the last twenty years according to one sociologist refers to_______________?

A. the jailing of spouse abusers and marital rapists
B. “serial” or “throwaway” marriages
C. male bonding and tribalism
D. women,s lack of interest in marriage
Answer» E.
69.

Marx believed religion was used to_______________?

A. help people improve their lives
B. support the exploitation of the masses
C. deal with reality
D. attain immortality
Answer» C. deal with reality
70.

Cohabiting couples__________________?

A. are predominantly homosexual
B. represent an example of premarital life
C. are an old phenomenon
D. represent the great majority of couples
Answer» C. are an old phenomenon
71.

Metropolitan areas with a population of 1 million or more are called_______________?

A. CMSAs (Consolidated Metropolitan Statistical Areas)
B. SMSAs (Standard Metropolitan Statistical Areas)
C. CBSAs (Core Bases Statistical Areas)
D. MSAs (Micropolitan Statistical Areas)
Answer» D. MSAs (Micropolitan Statistical Areas)
72.

The Micropolitan Statistical Area consists of_______________?

A. one urban cluster of at lest 10,000 but less than 50.000 population
B. one city of at least 50,000 population
C. one city of at least 1 million population
D. a region of the country
Answer» B. one city of at least 50,000 population
73.

There is a growing realization that divorce______________?

A. is a normal process from which people quickly recover?
B. means freedom and happiness
C. may bring devastating economic and emotional consequences
D. none of the above
Answer» D. none of the above
74.

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.
75.

Among the leading causes of divorce are______________?

A. infidelity
B. personality differences
C. incompatibility
D. only b and c
Answer» E.
76.

The ethnic groups among whom arranged marriages are common include______________?

A. Indians (natives of India)
B. Hasidic Jews
C. Muslim
D. All of the above
Answer» E.
77.

Which two factors have engendered problems that threaten the environment ?

A. overpopulation and urban life
B. agriculture and horticulture
C. fishing and mining
D. low population growth and low density
Answer» B. agriculture and horticulture
78.

The ecosystem is__________________?

A. the way inanimate objects are placed into the natural system
B. a systematic application of the economy
C. the way living things interact and interrelate with each other and their environments
D. what Hobbes called the “state of nature”
Answer» D. what Hobbes called the “state of nature”
79.

The realist school of international relations defines war and security as_____________?

A. brinkmanship
B. statecraft
C. high politics
D. low politics
Answer» E.
80.

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
81.

Critics maintain that the following issues are present in higher education______________?

A. high tuitions
B. a lowering of standards
C. muzzling of academic freedom
D. all of the above
Answer» E.
82.

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
83.

Max Weber intended his “ideal type” of bureaucracy as an_______________?

A. accurate description of existing bureaucracies
B. idealized or exaggerated model of rational administration
C. explanation of elite domination
D. obviously false portrait of democratic administration
Answer» C. explanation of elite domination
84.

In some cultures a women a can have several husbands at one time. This custom is called____________?

A. lunacy
B. polyandry
C. polygyny
D. serial marriage
Answer» D. serial marriage
85.

The percentage of people around the world who lived in cities in 2005 is approximately________________?

A. 20 percent
B. 49 percent
C. 50 percent
D. 80 percent
Answer» C. 50 percent
86.

The emphasis on rural virtues__________________?

A. has been reinforced by recent studies
B. is based on stereotypes
C. helped democratic representation in the states
D. gave urban dwellers an inferiority complex
Answer» C. helped democratic representation in the states
87.

A decline in the rural population was due chiefly to________________?

A. factories
B. the continued improvements in agricultural methods
C. population size
D. the favor of the local tyrant
Answer» C. population size
88.

Social organization in the city brought ALL BUT which one of these changes ?

A. The class structure became more rigid
B. Families became nuclear
C. Primary group ties became less important
D. Formal agencies of control multiplied
Answer» B. Families became nuclear
89.

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
90.

Which subject is NOT studied by demography ?

A. Birthrates death rates sex rates
B. Age groups marriage incidence divorce frequency
C. Human mobility
D. Rock forming land shaping soil forming
Answer» E.
91.

Reform movements________________?

A. are always progressive
B. may be reactionary or progressive
C. are equally successful in all types of societies
D. have brought about both communism and fascism
Answer» C. are equally successful in all types of societies
92.

In developing nations cities are growing along with rural areas because_______________?

A. of lower death rates
B. of high birth rates
C. cultural values encourage large families
D. all of the above
Answer» E.
93.

The number of births in a population in relation to every 1000 women of childbearing age in a year is called the________________?

A. birthrate
B. fertility rate
C. population pyramid
D. population growth rate
Answer» B. fertility rate
94.

Overpopulation is a problem worldwide but only in relation to________________?

A. demography
B. poor contraception
C. population density
D. political organization
Answer» B. poor contraception
95.

The idea that technology changes social organization and ideology is called______________?

A. scientific determinism
B. technological revolution
C. evangelical determinism
D. secular humanism
Answer» C. evangelical determinism
96.

When citizens or government agencies attempt to peacefully correct laws or institutions they are engaged in_____________?

A. revolution
B. reform
C. diffusion
D. innovation
Answer» C. diffusion
97.

The processes of cultural change include______________?

A. conservatism and reactionism
B. innovation and invention
C. conformity and obedience
D. nationalism and patriotism
Answer» E.
98.

Redemptive movements include________________?

A. the antinuclear movement
B. fundamentalist Christianity
C. the civil rights movement
D. the women’s liberation movement
Answer» C. the civil rights movement
99.

Placing workers and machines in one building is called______________?

A. cottage industry
B. guild system
C. factory system
D. exploitation of the proletariat
Answer» D. exploitation of the proletariat
100.

The Ku Klux Klan is an example of a(n)_________________?

A. change-resistant movement
B. progressive movement
C. fascist movement
D. neo-Nazi movement
Answer» B. progressive movement