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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.
| 501. |
The decision to send arms to Iran made by the National Security Council during the Reagan presidency was an example of the following type of foreign policy______________? |
| A. | general |
| B. | administrative |
| C. | crisis |
| D. | none it was an internal matter |
| Answer» B. administrative | |
| 502. |
The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________? |
| A. | structural discrimination |
| B. | individual discrimination |
| C. | nature of life |
| D. | personal discrimination |
| Answer» B. individual discrimination | |
| 503. |
The current trend in the social sciences is toward ? |
| A. | statistical and quantitative ways of investigating human behavior |
| B. | a totally value free approach |
| C. | using the findings of the social sciences to reform society |
| D. | using whatever technique seems best to fit |
| Answer» E. | |
| 504. |
The current transitional period in which there is uncertainty as to what will happen to political parties is termed ? |
| A. | dealignment |
| B. | realignment |
| C. | alignment |
| D. | retrenchment |
| Answer» B. realignment | |
| 505. |
The current Palestinians are a_____________? |
| A. | state without a nation |
| B. | nation without a state |
| C. | nation split among several states |
| D. | state split among several nations |
| Answer» C. nation split among several states | |
| 506. |
The Cuban community in Miami is an example of______________? |
| A. | assimilation |
| B. | acculturation |
| C. | accommodation |
| D. | segregation |
| Answer» D. segregation | |
| 507. |
The crude birthrate is the_________________? |
| A. | number of births per thousand people per year |
| B. | number of births a year in the world |
| C. | the same as the fertility rate |
| D. | the same as the fecundity rate |
| Answer» B. number of births a year in the world | |
| 508. |
The crude birthrate is________________? |
| A. | an important demographic concept |
| B. | the number of male births per 1000 people per country per year |
| C. | the rate at which infants survive past their first year |
| D. | the rate at which the elderly die in any given year |
| Answer» B. the number of male births per 1000 people per country per year | |
| 509. |
The crowd at a religious revival meeting is_______________? |
| A. | casual |
| B. | acting |
| C. | expressive |
| D. | disorganized |
| Answer» D. disorganized | |
| 510. |
The creation of culture unlike playwriting ? |
| A. | is the work of generation? |
| B. | is not always a deliberate act |
| C. | never results in a final authorized script |
| D. | all of the above |
| Answer» E. | |
| 511. |
The cottage or putting-out system refers to_________________? |
| A. | the housing given factory workers |
| B. | The fact that in early industrialization work was done in the home |
| C. | a type of architecture popular in Britain |
| D. | The way young people were put out to go work in factories |
| Answer» C. a type of architecture popular in Britain | |
| 512. |
The conflict theory of inequality is based on the work of______________? |
| A. | Charles Darwin |
| B. | Karl Marx |
| C. | Talcott Parsons |
| D. | Kingsley Davis |
| Answer» C. Talcott Parsons | |
| 513. |
The condition of an increase in prices NOT triggered by an increase in demand is called_______________? |
| A. | hyperinflation |
| B. | the Pigou effects |
| C. | inflation |
| D. | restraint of trade |
| Answer» D. restraint of trade | |
| 514. |
The concept of human inequality ? |
| A. | is tolerated by religious ideologies |
| B. | is incorporated in the ideology of democracy |
| C. | underlies fascism |
| D. | has been borrowed from the natural sciences |
| Answer» D. has been borrowed from the natural sciences | |
| 515. |
The concept of deviance refers to________________? |
| A. | going in the wrong direction |
| B. | bad manners |
| C. | departure from social norms |
| D. | reversing one,s opinion |
| Answer» D. reversing one,s opinion | |
| 516. |
The cognitive component of culture__________________? |
| A. | includes knowledge beliefs and technology |
| B. | is made up of rules for behavior |
| C. | consists of values and morals |
| D. | is part of material culture |
| Answer» B. is made up of rules for behavior | |
| 517. |
The classical neoclassical monetarist Keynesian refers to the discipline of_____________? |
| A. | economics |
| B. | anthropology |
| C. | sociology |
| D. | psychology |
| Answer» B. anthropology | |
| 518. |
The classical conservative approach to stratification is that____________? |
| A. | inequality is the law of nature |
| B. | stratification must be legislated |
| C. | inequality results from exploitation |
| D. | none of the above |
| Answer» B. stratification must be legislated | |
| 519. |
The classic textbook model of democracy is referred to as the__________________? |
| A. | Lockean model |
| B. | referendum model |
| C. | majoritarian model |
| D. | Madisonian model |
| Answer» D. Madisonian model | |
| 520. |
The civil rights movement in the United States was a_________________? |
| A. | reform movement |
| B. | nationalistic movement |
| C. | change resistant movement |
| D. | ethical movement |
| Answer» B. nationalistic movement | |
| 521. |
The circular nature of the economic process occurs from_________________? |
| A. | firm to firm |
| B. | household to firm to consumer and back again |
| C. | government to consumer |
| D. | firm to consumer |
| Answer» C. government to consumer | |
| 522. |
The chief reason that Congress is so ineffective is________________? |
| A. | that the Constitution delegates it so little power |
| B. | a result of the gradual emergence of the Supreme Court as a legislative body |
| C. | the development of the power of state governments |
| D. | the traditional organization of the legislative branch |
| Answer» E. | |
| 523. |
The chief function of interest group is to________________? |
| A. | provide group representation above and beyond that provided by our elected officials in Congress |
| B. | provide geographic representation |
| C. | bring into the open obscure problems to be solved |
| D. | choose candidates for political office |
| Answer» B. provide geographic representation | |
| 524. |
The cause of freedom is served according to democratic capitalists when__________________? |
| A. | everyone has economic security |
| B. | everyone has the right to hold private property |
| C. | welfare is eliminated |
| D. | everyone has the chance to become a millionaire |
| Answer» E. | |
| 525. |
The categories used by researchers to pigeonhole people into social classes__________________? |
| A. | reflect the common -sense self-ratings of individuals |
| B. | indicate that there are two classes the working class and the middle class |
| C. | tend to be arbitrary and artificial |
| D. | adequately reflect the complexity of the American class system |
| Answer» D. adequately reflect the complexity of the American class system | |
| 526. |
“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 | |
| 527. |
The blended or reconstituted family________________? |
| A. | is considered the wave of the future |
| B. | has its own set of problems |
| C. | is the best solution to a failing institution |
| D. | only a and b |
| Answer» E. | |
| 528. |
The blended family______________? |
| A. | consists of natural parents and children |
| B. | is another name for a childless family |
| C. | is made up of natural parents’ stepparents natural children and stepchildren |
| D. | is quite stable for children |
| Answer» D. is quite stable for children | |
| 529. |
The Black movement to the urban North from the rural South was similar to______________? |
| A. | the experience of the American Indians |
| B. | immigration from Europe |
| C. | moves of professionals from New York to Los Angeles |
| D. | the arrival of the Cuban middle class after Castro |
| Answer» C. moves of professionals from New York to Los Angeles | |
| 530. |
The biological explanations of deviance include____________? |
| A. | Lombroso,s criminal types |
| B. | Sheldon,s mesomorphs |
| C. | the extra Y chromosome |
| D. | all of the above |
| Answer» E. | |
| 531. |
The biological basis of human personality derives from____________________? |
| A. | the absence of instincts |
| B. | the need for love |
| C. | the need for body contact |
| D. | all of the above |
| Answer» E. | |
| 532. |
The belief in biological determinism of sex roles________________? |
| A. | has a significant amount of scientific support |
| B. | has been supported by anthropological research especially by Margaret Mead |
| C. | is based on the wrong assumption that biological differences indicate superiority or inferiority |
| D. | shows the importance of socialization |
| Answer» D. shows the importance of socialization | |
| 533. |
The behavior of an individual firm is part of_______________? |
| A. | macroeconomics |
| B. | macroeconomics |
| C. | macroeconomics |
| D. | institutional economics |
| Answer» D. institutional economics | |
| 534. |
The basic components of the state include ALL BUT WHICH of the following ? |
| A. | Territory |
| B. | Population |
| C. | Armed services |
| D. | Sovereignty |
| Answer» D. Sovereignty | |
| 535. |
The basic assertion of ageism is that________________? |
| A. | the young are superior to the old |
| B. | the old are superior to the young |
| C. | there is a smooth transfer of roles between the old and the young |
| D. | work is best left to those who can do it |
| Answer» B. the old are superior to the young | |
| 536. |
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 | |
| 537. |
The average variable cost curve ? |
| A. | is derived from the average fixed costs |
| B. | Converges with the average cost as output increases |
| C. | Equals the total costs divided by the output |
| D. | Equals revenue minus profits |
| Answer» C. Equals the total costs divided by the output | |
| 538. |
The average CEO’s salary in 2005 was______________? |
| A. | 50 times that of the average workers |
| B. | 100 times that of the average workers |
| C. | 250 times that of the average workers |
| D. | 262 times that of the average workers |
| Answer» E. | |
| 539. |
The author of a famous treatise on the origin of the state characterized existence in the “state of nature” as________________? |
| A. | similar to an earthly paradise |
| B. | among “noble savages” |
| C. | “solitary poor nasty brutish and short” |
| D. | a pre-Christian utopia |
| Answer» D. a pre-Christian utopia | |
| 540. |
The attitude of some Americans toward the minorities in their midst shows_______________? |
| A. | culture shock |
| B. | the importance of culture |
| C. | cultural superiority |
| D. | cultural relativity |
| Answer» C. cultural superiority | |
| 541. |
The argument that in some situations the government had to “prime the pump” was advanced by________________? |
| A. | Karl Marx |
| B. | Adam Smith |
| C. | John Maynard Keynes |
| D. | Milton Friedman |
| Answer» D. Milton Friedman | |
| 542. |
The anthropologist George Murdock believes that the family _____________________? |
| A. | is found only in some human societies |
| B. | has functions fundamental to human life |
| C. | is harmful and leads to schizophrenia |
| D. | was the last institution to develop |
| Answer» C. is harmful and leads to schizophrenia | |
| 543. |
The American democratic system is based on________________? |
| A. | the dignity of the individual |
| B. | representation of the majority |
| C. | protection of minority rights |
| D. | all of the above |
| Answer» E. | |
| 544. |
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 | |
| 545. |
The accelerator theory of investment says that induced investment is determined by ? |
| A. | the level of national income |
| B. | the level of aggregate demand |
| C. | the rate of change of national income |
| D. | expectations |
| Answer» D. expectations | |
| 546. |
The accelerator assumes ? |
| A. | The marginal propensity to consume is constant |
| B. | The economy is at full employment |
| C. | There is a constant relationship between net investment and the rate of change of output |
| D. | The multiplier is constant |
| Answer» D. The multiplier is constant | |
| 547. |
Secondary sex characteristics________________? |
| A. | are anatomical differences between men and women |
| B. | develop when specific hormones are introduced into an organism |
| C. | are mental differences between men and women |
| D. | none of the above |
| Answer» C. are mental differences between men and women | |
| 548. |
Secondary deviance does not occur unless people_______________? |
| A. | reject deviant labels |
| B. | accept deviant labels and eliminate the behavior in |
| C. | reject the deviant labels but maintain the behavior in |
| D. | accept the deviant labels and maintain the behavior in |
| Answer» E. | |
| 549. |
Second- and third-generation immigrants failed to melt in the melting pot because of_______________? |
| A. | language differences |
| B. | residence stability |
| C. | religion |
| D. | skin color |
| Answer» D. skin color | |
| 550. |
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 | |