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.

651.

One of the perceived advantages of suburban living is_______________________?

A. concentration of apartments
B. larger variety of cultural resources
C. older more gracious housing
D. greater safety from crime
Answer» E.
652.

One of the most powerful committees in the House of Representatives is the_____________?

A. Foreign Affairs Committee
B. Farm Affairs Committee
C. Rules Committee
D. Forest Preservation Committee
Answer» D. Forest Preservation Committee
653.

One of the functions of public policy is to________________?

A. mediate among conflicting economic goals
B. plan to ensure the correct mix of supply and demand
C. ensure that everyone is a sinner in the economy
D. none of the above
Answer» B. plan to ensure the correct mix of supply and demand
654.

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
655.

One British psychologist believes that the Western family causes most of the mental illness in individuals This theory implies that ___________?

A. the primary group is always helpful to the individual
B. primary group relations can be harmful to the individual
C. secondary relations are more important than primary ones
D. none of the above are relevant
Answer» C. secondary relations are more important than primary ones
656.

Once a social scientist has formulated the hypothesis what is the next step of the scientific method ?

A. Generalization
B. Developing a research design
C. Data analysis
D. Replication
Answer» C. Data analysis
657.

Official sanctions usually entail________________?

A. public recognition
B. the threat of force
C. a transgression of the law
D. all of the above
Answer» B. the threat of force
658.

ocial change must be analyzed in terms of________________?

A. stability and efficiency
B. statics and dynamics
C. backward and forward progress
D. if it is good for the people
Answer» C. backward and forward progress
659.

Objectivity means ?

A. precision
B. taking nothing for granted
C. eliminating bias
D. repeating observations
Answer» D. repeating observations
660.

Norms are_______________?

A. social rules of behavior
B. important institutions
C. specific roles
D. name given to certain kinds of laws
Answer» B. important institutions
661.

Norms are__________________?

A. internalized in most cases
B. guidelines for human behavior
C. reflections of values
D. all of the above
Answer» E.
662.

Norms are essentially ?

A. what is right
B. what is most feared
C. rules for behavior
D. systems of rewards and punishment
Answer» D. systems of rewards and punishment
663.

Normal profit occurs when ?

A. Average revenue equals average variable cost
B. Marginal revenue equals marginal cost
C. Average revenue equals marginal cost
D. Average revenue equals average cost
Answer» B. Marginal revenue equals marginal cost
664.

No- fault divorce has_______________?

A. left alimony awards intact
B. all but eliminated alimony and somewhat decreased the average child support award
C. increased child support requirements
D. increased both alimony and child support awards for the first few year after divorce
Answer» C. increased child support requirements
665.

New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?

A. reduce poverty
B. reduce unemployment
C. weaken the power of trade unions
D. help small businesses
Answer» C. weaken the power of trade unions
666.

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
667.

Need and demand________________?

A. are unrelated concepts
B. amount to the same thing
C. are closely related to price
D. are closely related to supply
Answer» B. amount to the same thing
668.

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
669.

Nation states emerged in Europe in the historical period of______________?

A. the Middle Ages
B. the Renaissance
C. the Hundred Years War
D. the Protestant Reformation
Answer» C. the Hundred Years War
670.

NAFTA binds which three countries into a single commercial entity ?

A. Mexico Panama Costa Rica
B. United States Canada Puerto Rico
C. United States Canada Mexico
D. United States Cuba Mexico
Answer» D. United States Cuba Mexico
671.

“My country right or wrong” is an example of_______________?

A. nationalism
B. legal-rational thinking
C. an internationalist world view
D. a reasoned approach to detente
Answer» B. legal-rational thinking
672.

Most societies________________?

A. discourage marriage
B. encourage marriage
C. accept all kinds of man-women unions
D. pay couples to have children
Answer» C. accept all kinds of man-women unions
673.

Most researchers today use only two approaches to determine social class They are the_______________?

A. life style approach
B. reputational approach
C. subjective approach
D. occupational prestige and socioeconomic status(SES)
Answer» E.
674.

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
675.

Most ideologies consist of________________?

A. a body of doctrines beliefs and symbols
B. ideas that have been in existence for centuries
C. a set of complex algebraic expressions
D. ideas derived exclusively from ancient Greece
Answer» B. ideas that have been in existence for centuries
676.

Most autocratic regimes have constitutions based on the principle of the_________?

A. rule of law
B. rule of men
C. rule of public authority
D. rule of the majority
Answer» C. rule of public authority
677.

Most animal behavior is determined by_________________?

A. symbolic interaction
B. a system of symbols
C. biology and instinct
D. animal culture
Answer» D. animal culture
678.

Most American cities have_________________?

A. large shopping malls
B. many high income taxpayers
C. continual building of new industries
D. a reduced tax base
Answer» E.
679.

Moral control________________?

A. dose not exist in large urban industrial societies
B. is insufficient to maintain social order in complex societies
C. can only be exerted through the institution of religion
D. is best when exerted by forces outside the individual
Answer» C. can only be exerted through the institution of religion
680.

Money is___________________?

A. a means of exchange
B. a method of barter
C. anything of intrinsic value
D. All of the above
Answer» E.
681.

Modernization in Britain was not as disruptive as in other countries because_______________?

A. the British are smarter
B. the rate of change was slower, so integration of new values was possible
C. the British were ahead of other societies in their level of civilization
D. the British had the Magna Carta which protected civil rights
Answer» C. the British were ahead of other societies in their level of civilization
682.

Modernization means that a society becomes________________?

A. democratic
B. affluent
C. agricultural
D. industrial
Answer» E.
683.

Modern urban sociologists in contrast to the Chicago school believe that cities_______________?

A. are doomed to total disorganization
B. are too expensive
C. stimulate creativity
D. will revert to rural areas within a short time
Answer» D. will revert to rural areas within a short time
684.

Modern societies are grappling with the notion of_________________?

A. eliminating marriage altogether
B. allowing same-sex couples to marry
C. lowering the age at marriage
D. none of the above
Answer» C. lowering the age at marriage
685.

Mistreatment or abuse of children________________?

A. occurs with greater frequency in extended families
B. occurs less frequently in extended families
C. is a function of social class
D. happens only in industrial societies
Answer» C. is a function of social class
686.

Minority groups______________?

A. constitute a subculture within the larger culture
B. tend to show solidarity to each other
C. exhibit clannish behavior
D. practice cultural relativity
Answer» B. tend to show solidarity to each other
687.

Minorities have reacted to domination by developing goals that may be called_________________?

A. pluralistic
B. assimilationist
C. secessionist
D. all of the above
Answer» E.
688.

Middle-and upper-class parents foster the viewpoint that________________?

A. occupational success is desirable
B. success does not matter as much as happiness
C. their children should have a classical education
D. students should find peers with similar goals
Answer» B. success does not matter as much as happiness
689.

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)
690.

Merton attributed deviance to “anomie” meaning ?

A. lack of legitimate means to attain group goals
B. mental retardation
C. neurosis
D. wild mood swings
Answer» B. mental retardation
691.

Membership in specific racial ethnic and religious groupings is________________?

A. characteristic only of industrial societies
B. a variable of the stratification system
C. a biological rather than a social product
D. the cross every individual must bear
Answer» C. a biological rather than a social product
692.

Members of the “New Class” occupy which of the following occupations_________________?

A. Computer programmers
B. MBAs staring their own firms
C. Out of work middle managers
D. journalists’ academics media commentators
Answer» E.
693.

Members of an ethnic group_________________?

A. share behavioral traits
B. share social and cultural traits
C. share physical traits
D. are heterogeneous
Answer» C. share physical traits
694.

Mead,s”I” ?

A. corresponds to Freud,s”ego”
B. emerged before the “me”
C. eventually completely merges with the “me”
D. all of the above
Answer» C. eventually completely merges with the “me”
695.

Meads work in New Guinea indicated that__________________?

A. biology totally controls social role behavior
B. all tribes in her study stressed male aggression and hostility
C. sex role behavior is conditioned differently in different cultures
D. men are men and women are women everywhere
Answer» D. men are men and women are women everywhere
696.

Max Weber,s notion of life chances closely resembles the concept of________________?

A. social status
B. personal power
C. social power
D. occupational prestige
Answer» C. social power
697.

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
698.

Max Weber believed that_______________?

A. property was the only determinant of class
B. class was based on exploitation of the masses
C. class is closely related to life chances
D. societies should have at least three classes
Answer» D. societies should have at least three classes
699.

Maturation is a term used by developmental psychologists to refer to______________?

A. the development of personality
B. physical(biological)development
C. the development of natural resources
D. the aging process or senescence
Answer» C. the development of natural resources
700.

Maturation for humans involves ?

A. socialization
B. the development of instincts
C. physical development
D. learning to be responsible
Answer» D. learning to be responsible