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.

1251.

A group way of life lends itself to disorder because_________________?

A. individuals differ in temperament goals and desires
B. the world is based on randomness
C. humans are solitary creatures
D. human behavior is unpredictable
Answer» E.
1252.

Which of the following is NOT true of primary relations ?

A. they cannot exist in secondary groups
B. they are always harmonious
C. the family is the only source of primary relation
D. all of the above
Answer» E.
1253.

The social sciences first emerged ?

A. as a method of social control
B. as a search for universal social laws
C. to systematically apply common sense to issues
D. to defend the established order
Answer» C. to systematically apply common sense to issues
1254.

“The largest group of people inhabiting a specific territory and sharing a common culture”is a definition of a_____________?

A. nation
B. state
C. government
D. society
Answer» E.
1255.

A social system_____________?

A. is a model
B. is a concept
C. illustrates how social relationships work in a group
D. all of the above
Answer» E.
1256.

The from of interaction that occurs when two or more individuals try to possess a scarce object or value is_____________?

A. violence
B. coercion
C. contest
D. competition
Answer» E.
1257.

The largest group to Which a person belongs is______________?

A. triad
B. family
C. primary
D. society
Answer» E.
1258.

A good example of a primary group is_________________?

A. the U.S Army
B. a family
C. AT&T Corp
D. all of the above
Answer» C. AT&T Corp
1259.

A working wife and mother is likely to encounter ?

A. no role involvement
B. role happiness
C. role strain
D. the best of both roles
Answer» D. the best of both roles
1260.

The master status of George W.Bush was______________?

A. husband
B. president
C. dog owner
D. jogger
Answer» C. dog owner
1261.

In the United States a college degree is generally associated with_____________?

A. achieved status
B. ascribed status
C. no status
D. castes
Answer» B. ascribed status
1262.

Emotional stress and maladjustment may occur as a result of______________?

A. faulty role performance
B. status inconsistency
C. improperly learned roles
D. all of the above
Answer» E.
1263.

When interaction is guided by shared and patterned expectations of behavior the social system has acquired a(n) ?

A. social process
B. social structure
C. social stability
D. social value system
Answer» C. social stability
1264.

Which is false of reference groups? They_________?

A. provide standards against which we measure ourselves
B. are important during socialization
C. affect our values goals attitudes and behavior
D. are groups to which we belong from birth on
Answer» E.
1265.

Which of the following is likely to be an involuntary group? The____________?

A. Boston Bruins
B. Ku Klux Klan
C. campaign staff working for presidential candidate
D. the Smith family
Answer» E.
1266.

In many societies’ cannibalism is______________?

A. mores
B. a cultural trait
C. a taboo
D. a cultural complex
Answer» D. a cultural complex
1267.

Values in any society_____________?

A. dictate conduct in every situation
B. are specifically spelled out
C. are often contradictory
D. all of the above
Answer» D. all of the above
1268.

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.
1269.

“Head hunting is wrong “This statement is made from the point of view of______________?

A. ethnocentrism
B. cultural relativity
C. ethnic uniformity
D. cultural pride
Answer» B. cultural relativity
1270.

The evaluation that a certain phenomenon is good beautiful moral right and therefore desirable is termed a_______________?

A. norm
B. guideline
C. folkway
D. value
Answer» E.
1271.

Which of the following is an example of material culture ?

A. A football games
B. The football itself
C. The NFL rules
D. “competition is good for you”
Answer» C. The NFL rules
1272.

When does a society need laws ?

A. when people commit too many sins
B. when the court system declares that they are needed
C. when the folkways and mores are not sufficient to control behavior
D. when it is necessary to create folkways and mores
Answer» D. when it is necessary to create folkways and mores
1273.

The principal difference between people and other animals is that ?

A. animals larger and stronger
B. people communicate with symbols while animals communicate with signals
C. biology dictates human behavior while instincts direct animal behavior
D. people live in families while animals live in tribes
Answer» C. biology dictates human behavior while instincts direct animal behavior
1274.

In the United States___________________?

A. values norms and beliefs are always in agreement
B. values norms and beliefs are unimportant
C. values norms and beliefs are often in conflict
D. people value and believe what they please because its a free country
Answer» D. people value and believe what they please because its a free country
1275.

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
1276.

Knowing the workings of a car engine represents which kind of knowledge ?

A. normative
B. cognitive
C. rule oriented
D. value oriented
Answer» C. rule oriented
1277.

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.
1278.

The classical neoclassical monetarist Keynesian refers to the discipline of_____________?

A. economics
B. anthropology
C. sociology
D. psychology
Answer» B. anthropology
1279.

The double standard in the behavior of people in society is acknowledged by the existence of a(n)?

A. overt and covert culture
B. moral and immoral culture
C. legal and illegal culture
D. ethical and unethical culture
Answer» B. moral and immoral culture
1280.

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
1281.

Ethical neutrality is the opposite of_________________?

A. objectivity
B. judgmental social science
C. generalization
D. participant observation
Answer» C. generalization
1282.

Durkheim was one of the first scientific sociologists who studied______________?

A. suicide
B. mental illness
C. sex
D. all of the above
Answer» B. mental illness
1283.

Correlation differs from causation in that correlation ?

A. precedes causation
B. only indicates a probable relation
C. occurs purely by chance
D. occurs among more than two variables
Answer» D. occurs among more than two variables
1284.

It is true that the differences among the social sciences ?

A. are differences of vantage point
B. are a matter of stress?
C. consist of the examination of various facets of a social universe
D. all of the above
Answer» E.
1285.

The social sciences have no laws because ?

A. social scientists are a lawless group
B. social science research techniques are flawed
C. the various disciplines squabble among themselves
D. none of the above
Answer» E.
1286.

Which of the following is NOT an example of a subject investigated by social scientists ?

A. The functioning of supply and demand
B. Case study of an urban gay community
C. The interaction of various drugs in humans
D. The course of population growth and decline
Answer» D. The course of population growth and decline
1287.

In the equation C = a + bY, which describes the aggregate consumption function ‘b’ stands for ?

A. The marginal propensity to consume.
B. The amount of income when consumption is zero
C. The average consumption level
D. The amount of consumption when income is zero
Answer» B. The amount of income when consumption is zero
1288.

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
1289.

A sample survey deals with_______________?

A. an entire population
B. a statistically valid section of a population
C. eating samples at various supermarkets
D. asking people who walk by to fill out naires
Answer» C. eating samples at various supermarkets
1290.

Industrial Revolution__________________?

A. eliminated social classes
B. made all social classes equal
C. created a class of industrial workers
D. none of the above
Answer» D. none of the above
1291.

The social sciences lack ?

A. theories
B. concepts
C. scientific laws
D. generalization
Answer» D. generalization
1292.

Economics deals with_______________?

A. production of goods and services
B. consumption of goods and services
C. distribution of goods and services
D. all of the above
Answer» E.
1293.

Scientists start an investigation with by________________?

A. selecting and defining a topic
B. verifying a hypothesis
C. analyzing data
D. replicating an experiment
Answer» B. verifying a hypothesis
1294.

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
1295.

Scientific observations are based on_________________?

A. controlled conditions
B. precision
C. organization of the data
D. all of the above
Answer» E.
1296.

A detailed investigation of a single social unit in order to study it in depth is______________?

A. a case studies
B. participant observation
C. sample survey
D. laboratory experiment
Answer» B. participant observation
1297.

People manipulate the social world which helps them to______________?

A. change the nature of the physical environment
B. adapt to the environment
C. take over the environment
D. regulate the environment
Answer» C. take over the environment
1298.

In macroeconomics, equilibrium is defined as that point at which ?

A. aggregate output equals consumption minus investment
B. saving equals consumption
C. Planned aggregate expenditure equals aggregate output
D. planned aggregate expenditure equals consumption
Answer» D. planned aggregate expenditure equals consumption
1299.

In defining social sciences which of the following phrases is the most appropriate?

A. rules for behavior
B. social philosophy
C. systematic and methodical study
D. study of individual behavior
Answer» D. study of individual behavior
1300.

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.