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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.
| 701. |
Material objects found in nature are called_______________? |
| A. | land |
| B. | capital |
| C. | labor |
| D. | time |
| Answer» B. capital | |
| 702. |
Material culture________________? |
| A. | has no relation to symbols? |
| B. | illustrates the evolution of tools and includes all objects made by humans |
| C. | is of limited importance to humans |
| D. | none of the above |
| Answer» C. is of limited importance to humans | |
| 703. |
Master status refers to________________? |
| A. | the attainment of recognized excellence |
| B. | a dominant position in a relationship |
| C. | the most widely recognized among several positions |
| D. | the position from which all other positions are derived |
| Answer» D. the position from which all other positions are derived | |
| 704. |
Marx,s view of social class is that______________? |
| A. | private ownership of the means of production perpetuates class divisions |
| B. | talented people will always rise to the top |
| C. | religion helps fight social inequality |
| D. | the bourgeoisie will eventually triumph |
| Answer» B. talented people will always rise to the top | |
| 705. |
Marxists are most interested in_______________? |
| A. | nationalistic revolutionary movements |
| B. | class revolutionary movements |
| C. | coups d,etat |
| D. | guerrilla fighting |
| Answer» C. coups d,etat | |
| 706. |
Marx regarded religion as______________? |
| A. | a deliberate hoax on the part of dominant classes |
| B. | alienating on both personal and social levels |
| C. | an opiate |
| D. | all of the above |
| Answer» E. | |
| 707. |
Marx believed that the state would vanish when_____________? |
| A. | the elite would work toward the good of the masses |
| B. | the lion would lie down with the lamb |
| C. | social classes ceased to exist |
| D. | all societies became capitalist |
| Answer» D. all societies became capitalist | |
| 708. |
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 | |
| 709. |
Martin Luther king,s status was based on his_____________? |
| A. | wealth |
| B. | property |
| C. | social influence |
| D. | color |
| Answer» D. color | |
| 710. |
Marrying someone with similar traits is called_______________? |
| A. | homogamy |
| B. | heterogamy |
| C. | exogamy |
| D. | hypogamy |
| Answer» B. heterogamy | |
| 711. |
Marriage is_________________? |
| A. | any union of males and females |
| B. | a union recognized as legal by a society |
| C. | always monogamous |
| D. | always endogamous |
| Answer» C. always monogamous | |
| 712. |
Many listeners to a 1938 science fiction radio program believed that Martians were really invading the Earth They fled into the streets in panic We would call their behavior______________? |
| A. | fashion |
| B. | rational legal behavior |
| C. | fantasy |
| D. | none of the above |
| Answer» E. | |
| 713. |
Manipulation of taxation and spending levels is______________? |
| A. | fiscal policy |
| B. | monetary policy |
| C. | incomes |
| D. | revenue policy |
| Answer» B. monetary policy | |
| 714. |
Malthus suggested the following as means of birth control________________? |
| A. | late marriage |
| B. | abstinence |
| C. | celibacy |
| D. | all of the above |
| Answer» E. | |
| 715. |
Males______________? |
| A. | have a lower birthrate than females |
| B. | live longer than females |
| C. | are more prone to aggressiveness than females |
| D. | are less likely to die violently |
| Answer» D. are less likely to die violently | |
| 716. |
Males are conceived with which of the following chromosome configurations ? |
| A. | XY |
| B. | XX |
| C. | XXX |
| D. | YYY |
| Answer» B. XX | |
| 717. |
Male dominance is expressed_____________________? |
| A. | in spite of ours being an egalitarian society |
| B. | by the frequent instances of sexual harassment on the job |
| C. | for the lack of wage parity |
| D. | all of the above |
| Answer» E. | |
| 718. |
Maintaining full employment stabilizing the economy and pursuing economic growth are issues analyzed in the context of_______________? |
| A. | super economics |
| B. | microeconomics |
| C. | microeconomics |
| D. | hyper economics |
| Answer» D. hyper economics | |
| 719. |
Maintaining a group’s distinctive customs and identity is called______________? |
| A. | cultural decline |
| B. | cultural pluralism |
| C. | cultural complex |
| D. | cultural trait |
| Answer» C. cultural complex | |
| 720. |
Lower interest rates are likely to ? |
| A. | Decrease consumption |
| B. | increase cost of borrowing |
| C. | Encourage saving |
| D. | Increase spending |
| Answer» C. Encourage saving | |
| 721. |
Love of money peace and God are American ? |
| A. | Norms |
| B. | folkways |
| C. | values |
| D. | mores |
| Answer» D. mores | |
| 722. |
Like Freud Erik Erikson maintains that_______________? |
| A. | there are five psycho sexual stages |
| B. | the personality is fixed by age five |
| C. | psychoanalysis including dream analysis is the only way to overcome personality problems |
| D. | none of the above |
| Answer» E. | |
| 723. |
Life expectancy is____________________? |
| A. | about the same across social classes |
| B. | lower for the upper-middle class |
| C. | lower for the lower classes |
| D. | lower for the middle class |
| Answer» B. lower for the upper-middle class | |
| 724. |
Liberals and conservatives agree to some extent that economic goals should include________________? |
| A. | full employment |
| B. | price stability |
| C. | adequate economic growth |
| D. | all of the above |
| Answer» E. | |
| 725. |
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 | |
| 726. |
Legal-rational authority is characteristic of________________? |
| A. | homogeneous societies |
| B. | traditional agrarian societies |
| C. | urban industrial developed societies |
| D. | totalitarian societies |
| Answer» D. totalitarian societies | |
| 727. |
Legal-rational authority tends to be characteristic of_________________? |
| A. | homogeneous single-culture societies |
| B. | heterogeneous multicultural societies |
| C. | simple agrarian societies |
| D. | Central A Pakistan society |
| Answer» C. simple agrarian societies | |
| 728. |
Lean production________________? |
| A. | combines the best features of craft and mass production |
| B. | has as its goal perfection |
| C. | pushes responsibility down the organizational ladder |
| D. | All of the above |
| Answer» E. | |
| 729. |
Laws are_______________? |
| A. | informal norms |
| B. | formal norms enforced by the state |
| C. | casual folkways |
| D. | less important than folkways |
| Answer» C. casual folkways | |
| 730. |
Lawrence Kohlberg,s theory of moral development claims______________? |
| A. | universal validity |
| B. | limited applicability to technologically advanced societies |
| C. | the desire for equality is peculiar to democratic nations |
| D. | post conventional morality is a luxury few cultures and societies can afford |
| Answer» B. limited applicability to technologically advanced societies | |
| 731. |
Latino neighborhoods have prospered because________________? |
| A. | Latinos have a strong sense of community |
| B. | they are well organized politically |
| C. | they try to use English instead of their native Spanish |
| D. | they have a common culture |
| Answer» B. they are well organized politically | |
| 732. |
Latent functions of schools include_________? |
| A. | maintaining the class system |
| B. | encouraging social mobility |
| C. | promoting nationalism |
| D. | allowing the formation of a subculture and keeping children in school for a period of time |
| Answer» E. | |
| 733. |
Latent functions of government include_______________? |
| A. | public education |
| B. | health care |
| C. | the rise of administrative elites |
| D. | war |
| Answer» D. war | |
| 734. |
Language gestures and music are________________? |
| A. | symbol systems |
| B. | cultural traits |
| C. | normative systems |
| D. | human values |
| Answer» B. cultural traits | |
| 735. |
Language____________? |
| A. | helps humans to cooperate |
| B. | passes on knowledge from generation to generation |
| C. | reflects changes in society |
| D. | all of the above |
| Answer» E. | |
| 736. |
Land labor capital and entrepreneurship are called__________________? |
| A. | raw materials |
| B. | impetus to upward mobility |
| C. | factors of production |
| D. | external devices |
| Answer» D. external devices | |
| 737. |
Land labor capital and entrepreneurship ? |
| A. | must be combined in the production of goods and service |
| B. | must be used separately to produce goods and service |
| C. | have no function in the production of goods and service |
| D. | create a balance between humans and their environment |
| Answer» B. must be used separately to produce goods and service | |
| 738. |
“Laissez-faire” is a policy that appeals to_______________? |
| A. | political liberals |
| B. | political independents |
| C. | political conservatives |
| D. | political freethinkers |
| Answer» D. political freethinkers | |
| 739. |
“Laissez-faire”______________? |
| A. | is the rallying cry of the Women Liberation Movement? |
| B. | was Karl Marx’s exhortation to the workers of the world |
| C. | is the French expression Adam Smith used to mean that government should keep its hands off the economy? |
| D. | is the economic theory introduced to the U.S by Keynes? |
| Answer» D. is the economic theory introduced to the U.S by Keynes? | |
| 740. |
Labour Productivity measures ? |
| A. | The output per worker |
| B. | The output per machine |
| C. | Total output |
| D. | Marginal output |
| Answer» E. | |
| 741. |
Labeling theory has been criticized because_________________? |
| A. | an undiscovered teller who steals from his bank is still a deviant |
| B. | it does not take biology into consideration |
| C. | it discounts the power of anomie |
| D. | it is necessary to be realistic about people’s behavior |
| Answer» B. it does not take biology into consideration | |
| 742. |
Kohlberg,s three stages of moral development are_______________? |
| A. | conventional post conventional and legal-rational |
| B. | pre-conventional authoritarian and post-conventional |
| C. | pre-conventional conventional and post-conventional |
| D. | charismatic traditional and legal-rational |
| Answer» D. charismatic traditional and legal-rational | |
| 743. |
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 | |
| 744. |
Kinsey maintained that______________? |
| A. | sexuality exists on a continuum |
| B. | one is either a heterosexual or a homosexual |
| C. | bisexuals lack specific hormones |
| D. | people should have sex-change operations if they felt they were the wrong sex |
| Answer» B. one is either a heterosexual or a homosexual | |
| 745. |
Keynes suggested that decisions to consume and save were based on ? |
| A. | previous decisions |
| B. | absolute income |
| C. | relative income |
| D. | permanent income |
| Answer» C. relative income | |
| 746. |
Judicial review by the Supreme Court is based on____________? |
| A. | explicit statements in the Constitution |
| B. | the Marbury v Madison decision |
| C. | an act of Congress |
| D. | the First Amendment to the Constitution |
| Answer» C. an act of Congress | |
| 747. |
Japan’s lean production method is modeled on a system worked out at_______________? |
| A. | Nissan Motors |
| B. | Mazda Motors |
| C. | Toyota Motors |
| D. | Mitsubishi Motors |
| Answer» D. Mitsubishi Motors | |
| 748. |
Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________? |
| A. | legal-rational |
| B. | charismatic |
| C. | traditional |
| D. | irrational |
| Answer» B. charismatic | |
| 749. |
It may be said that the three branches of government________________? |
| A. | are absolutely separated from one another |
| B. | undergo checks and balances among one another |
| C. | are integrated into a cohesive unit |
| D. | make for speedy decision making |
| Answer» C. are integrated into a cohesive unit | |
| 750. |
It is true that_____________? |
| A. | formal organizations are the same as institution |
| B. | formal organizations are based on groups of people |
| C. | institutions are groups of people |
| D. | institutions are voluntary |
| Answer» C. institutions are groups of people | |