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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.
| 751. |
It is true of the population of the United States that_________________? |
| A. | it is getting older |
| B. | there are more women than men |
| C. | rural and sunbelt areas attract only the young |
| D. | it is BOTH older and more female |
| Answer» E. | |
| 752. |
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. | |
| 753. |
It is true of science that_______________? |
| A. | it is body of knowledge organized in a logical manner |
| B. | it is not concerned with the method of acquiring knowledge |
| C. | id does not include the method of investigation |
| D. | its content is more important than its method |
| Answer» B. it is not concerned with the method of acquiring knowledge | |
| 754. |
It is true of divorce rates that_______________? |
| A. | they increased dramatically with industrialization |
| B. | they are highest in the Untied States |
| C. | they have stabilized at 3.6 per 1000 marriages |
| D. | all of the above are true |
| Answer» E. | |
| 755. |
It is the function of Congress to_______________? |
| A. | vote funds for conducting foreign affairs |
| B. | conduct foreign affairs |
| C. | unanimously approve treaties |
| D. | decide the constitutionality of specific laws |
| Answer» B. conduct foreign affairs | |
| 756. |
It is most accurate to say that_____________? |
| A. | the global social system closely resembles a social system closely resembles a social system |
| B. | the global social system differs considerably from a societal social system |
| C. | a global social system does not exist |
| D. | there exists consensus on values on a global level |
| Answer» C. a global social system does not exist | |
| 757. |
It is fairly certain that male and female brains________________? |
| A. | are functionally identical |
| B. | differ in left-right communication |
| C. | distribute sensory functions differently |
| D. | differ in size weight and capacity |
| Answer» C. distribute sensory functions differently | |
| 758. |
It is correct to say that__________________? |
| A. | change is only a recent situation |
| B. | the more things change the more they remain the same |
| C. | the rate of change has increased in recent years |
| D. | change has been the downfall of societies |
| Answer» D. change has been the downfall of societies | |
| 759. |
It has been found that disengagement is usually________________? |
| A. | very voluntary |
| B. | never forced |
| C. | often forced |
| D. | rarely enforced |
| Answer» D. rarely enforced | |
| 760. |
Islam was established_________________? |
| A. | about the time of Moses |
| B. | around the time of the apostle Paul |
| C. | well after the founding of either Judaism or Christianity |
| D. | 400 years before the birth of Jesus Christ |
| Answer» D. 400 years before the birth of Jesus Christ | |
| 761. |
Investment is ? |
| A. | An injection that increases aggregate demand |
| B. | A withdrawal that increase aggregate demand |
| C. | An injection that decreases aggregate demand |
| D. | A withdrawal that decrease aggregate |
| Answer» E. | |
| 762. |
Investment is a unstable element of aggregate demand because it depends heavily on ? |
| A. | Government policy |
| B. | Expectations |
| C. | National income |
| D. | Historic trends |
| Answer» B. Expectations | |
| 763. |
Investment depends mainly on ? |
| A. | Past levels of income |
| B. | Future expected profits |
| C. | Present national income levels |
| D. | Historic data |
| Answer» D. Historic data | |
| 764. |
Intuition authority tradition and common sense ? |
| A. | have been totally replaced the scientific method |
| B. | are all equally valid tools of inquiry |
| C. | are still used as tools of inquiry |
| D. | are just as exact as the scientific method |
| Answer» D. are just as exact as the scientific method | |
| 765. |
international relations include________________? |
| A. | public but not private diplomacy |
| B. | legal but not illegal or “black market” trade |
| C. | declared but not undeclared wars |
| D. | all of the above |
| Answer» C. declared but not undeclared wars | |
| 766. |
Interest groups may be defined as__________________? |
| A. | groups of people interested in specific legislation |
| B. | groups of people who want to enter politics |
| C. | wealthy and civicminded people with excessive leisure time. |
| D. | coalitions of individuals with similar attitudes and interests who attempt to influence public policy |
| Answer» E. | |
| 767. |
Interest groups have the following traits They_______________? |
| A. | present official candidates to the electorate |
| B. | have the goal of complete control of the government |
| C. | put their names on ballots |
| D. | are only accountable to themselves |
| Answer» E. | |
| 768. |
Institution are_________________? |
| A. | unimportant |
| B. | found among all animals |
| C. | traditional habits centering around fundamental human needs |
| D. | places like schools and banks |
| Answer» D. places like schools and banks | |
| 769. |
Injections ? |
| A. | Decrease aggregate demand |
| B. | Always equal savings |
| C. | Always equal national income |
| D. | include investment and export spending |
| Answer» D. include investment and export spending | |
| 770. |
Injections are? |
| A. | Assumed to be exogenous |
| B. | Assumed to be a function of national income |
| C. | Decrease aggregate demand |
| D. | Decrease the investment into an economy |
| Answer» E. | |
| 771. |
Inflation results when_________________? |
| A. | demand exceeds supply |
| B. | supply exceed demand |
| C. | there is control of purchasing power |
| D. | consumers have no purchasing power |
| Answer» B. supply exceed demand | |
| 772. |
Inequality has been explained as______________? |
| A. | being part of the law of nature |
| B. | resulting from the struggle for goods and services in a society |
| C. | serving the needs of society |
| D. | all of the above |
| Answer» E. | |
| 773. |
Industrialization was accompanied by_______________? |
| A. | creation of a middle class |
| B. | dehumanization and commodification of labor |
| C. | continued accumulation and reinvestment of capital |
| D. | All of the above |
| Answer» E. | |
| 774. |
Industrial societies are based on____________? |
| A. | kinship |
| B. | primary ties |
| C. | machines for production |
| D. | smokestacks |
| Answer» D. smokestacks | |
| 775. |
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 | |
| 776. |
Individuals who become inmates of a total institution undergo the process of______________? |
| A. | anomie |
| B. | socialization |
| C. | desocialization |
| D. | resocialization |
| Answer» C. desocialization | |
| 777. |
individuals who hold lesser positions and make less money than their parents are displaying_____________? |
| A. | status inconsistency |
| B. | horizontal mobility |
| C. | intragenerational mobility |
| D. | intergenerational mobility |
| Answer» E. | |
| 778. |
Index crimes include all but one of the following_______________? |
| A. | manslaughter |
| B. | robbery |
| C. | moving traffic violation |
| D. | aggravated assault |
| Answer» D. aggravated assault | |
| 779. |
Income received by households that is not returned to firms is called_______________? |
| A. | dissaving’s |
| B. | withdrawals |
| C. | incremental |
| D. | injections |
| Answer» C. incremental | |
| 780. |
Income received by firms from sources other than households is called_________________? |
| A. | incremental |
| B. | windfalls |
| C. | injections |
| D. | incidentals |
| Answer» D. incidentals | |
| 781. |
Income received by firms that is not returned to households or other firms is called________________? |
| A. | savings |
| B. | withdrawals |
| C. | unbalanced exchange |
| D. | exchange flow |
| Answer» C. unbalanced exchange | |
| 782. |
Income distribution according to productive contribution is____________? |
| A. | efficient but inequitable |
| B. | inefficient but equitable |
| C. | efficient and equitable |
| D. | a tenet of communism |
| Answer» B. inefficient but equitable | |
| 783. |
In Which of the business cycle do firms try to cut stocks in order to save costs ? |
| A. | The upturn |
| B. | The peeking out |
| C. | The expansion |
| D. | The recession |
| Answer» E. | |
| 784. |
In Third World countries the factors that discourage birth control include________________? |
| A. | traditional values |
| B. | government subsidies for large families |
| C. | low infant mortality |
| D. | women’s rights |
| Answer» B. government subsidies for large families | |
| 785. |
In theory communism calls for______________? |
| A. | abolition of private property |
| B. | military expansionism |
| C. | the creation of a new ruling class |
| D. | intense nationalism |
| Answer» B. military expansionism | |
| 786. |
In the U.S the military is________________? |
| A. | subordinate to the government |
| B. | a provision of government |
| C. | synonymous with government |
| D. | the basis of legitimate government |
| Answer» B. a provision of government | |
| 787. |
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 | |
| 788. |
In the United States an example of a taboo is_______________? |
| A. | making money |
| B. | marrying sister |
| C. | gambling |
| D. | climbing Mt Rushmore |
| Answer» C. gambling | |
| 789. |
In the United States a sense of national identity ? |
| A. | never developed |
| B. | was first based on a common ethnicity and language |
| C. | was later reinforced by the notion of “specialness” |
| D. | only B and C |
| Answer» E. | |
| 790. |
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 | |
| 791. |
In the social sciences discrimination as a concept means_________________? |
| A. | having good taste in art and music |
| B. | actions taken as a result of prejudicial feelings |
| C. | ability to discern the direction of social relations |
| D. | the physical ability to see in the dark |
| Answer» C. ability to discern the direction of social relations | |
| 792. |
In the short term a firm will produce provided the revenue ? |
| A. | covers fixed costs |
| B. | covers variable costs |
| C. | covers total costs |
| D. | covers revenue |
| Answer» C. covers total costs | |
| 793. |
In the present national power is based on________________? |
| A. | size and resources |
| B. | location and population |
| C. | political ideology and wealth |
| D. | specific combinations of attributes |
| Answer» E. | |
| 794. |
In the perspective of realism “high politics” refers to________________? |
| A. | cultural interaction |
| B. | issues of war and security |
| C. | social and economic issues |
| D. | diplomatic relations |
| Answer» C. social and economic issues | |
| 795. |
In the metaphor of the “looking-glass self “the looking glass represents ? |
| A. | the expressed judgment of one,s peers |
| B. | the imagined judgments of others |
| C. | the persons self-feeling such as pride |
| D. | all of the above |
| Answer» C. the persons self-feeling such as pride | |
| 796. |
In the long term a firm will produce provided the revenue covers ? |
| A. | Fixed costs |
| B. | Variable costs |
| C. | Total costs |
| D. | Revenue |
| Answer» D. Revenue | |
| 797. |
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 | |
| 798. |
In the case of the male twin castrated during circumcision________________? |
| A. | he was content living as a female |
| B. | he behaved as a little girl once he was given female hormones |
| C. | in spite of attempted socialization as a female he was unhappy in his gender |
| D. | his case proves that nurture is stronger than nature |
| Answer» D. his case proves that nurture is stronger than nature | |
| 799. |
In the American political system_____________? |
| A. | everyone participates in the political process |
| B. | real equality for everyone is a fact |
| C. | there is no ruling elite |
| D. | members of Congress and their constituents generally do not know much about what the other thinks |
| Answer» E. | |
| 800. |
In the 1960s some young people_______________? |
| A. | decided to return to the traditional forms of family |
| B. | saw the family as an oppressive institution |
| C. | preferred to live in communes |
| D. | chose to cohabit rather than marry |
| Answer» C. preferred to live in communes | |