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.

901.

Gentrification is the trend of__________________?

A. city dwellers learning proper manners
B. middle class professionals renovating old city housing and using them as
C. continued movement to suburbs
D. city residents returning to manor houses in country
Answer» C. continued movement to suburbs
902.

Gender assignment is based on______________?

A. biological sex only
B. sexuality only
C. social expectations only
D. a combination of biology and socialization
Answer» E.
903.

Gambling and prostitution are included in the category of______________?

A. organized crime
B. crimes against persons
C. social order crimes
D. sins against religious teaching
Answer» D. sins against religious teaching
904.

Futurist Alvin Toffler called his concept_______________?

A. future shock
B. culture shock
C. myocardial shock
D. static shock
Answer» B. culture shock
905.

“Future shock”is____________?

A. a phrase used to describe an alien culture
B. the name of a famous movie dealing with a society of the future
C. a phrase used by Alvin Toffler to describe the rapidity of change
D. what the elderly experience in every society when a new generation comes into power
Answer» D. what the elderly experience in every society when a new generation comes into power
906.

Future generations will have to pay interest on the current debt because______________?

A. it takes a long time to pay off debts
B. budget deficits are funded with borrowed money
C. the U.S government never borrows money from foreign governments
D. none of the above
Answer» C. the U.S government never borrows money from foreign governments
907.

Furnishing historical data about past societies with no written records is the task of_______________?

A. archaeology
B. cultural geography
C. history
D. ornithology
Answer» B. cultural geography
908.

Functionalists approach the state as a tool to________________?

A. maintain order
B. protect the privileged few
C. protect private property
D. maintain the state of nature
Answer» B. protect the privileged few
909.

Functionalist theorists view stratification system as_______________?

A. resulting from a need for order
B. providing a stabilizing influence on society
C. preventing conflicts among individuals
D. all of the above
Answer» E.
910.

From the point of view of Catholicism Protestantism began as a(n)________________?

A. cult
B. charismatic movement
C. fundamentalist movement sect
D. ecclesia
Answer» B. charismatic movement
911.

From a sociological viewpoint to say that deviance has functions means that ?

A. deviant acts serve the individual,s purpose
B. deviant acts are escape valves for anxiety
C. deviance may contribute to group cohesion
D. successful deviants become stronger people
Answer» D. successful deviants become stronger people
912.

Friedman’s theory of consumption focuses on ?

A. Past income
B. Current income
C. Disposable income
D. permanent income
Answer» E.
913.

Freudian psychoanalytic theory emphasizes the importance of the______________?

A. unconscious level of personality
B. conscious level of personality
C. the absence of the unconscious level
D. empirical level of personality
Answer» B. conscious level of personality
914.

Freud located the “libido” ?

A. within the ld
B. within family relations
C. in the genital stage
D. all of the above
Answer» B. within family relations
915.

Four primary social processes are________________?

A. differentiation stratification conflict and coercion
B. accommodation assimilation conflict and coercion
C. exchange reciprocity competition and conflict
D. conflict exchange cooperation and competition
Answer» E.
916.

Formal organizations have_______________?

A. clearly stated goals and policies
B. no ranking of their members
C. little durability
D. no people in them
Answer» B. no ranking of their members
917.

Form the dawn of history through the development of agriculture______________?

A. men and women participated in a sex-based division of labor
B. human infants and their mothers had to protected
C. males were assigned hunting and other dangerous tasks
D. all of the above
Answer» E.
918.

Foreign policy decisions may be categorized into those that are________________?

A. general
B. administrative
C. crisis
D. all of the above
Answer» E.
919.

Foreign aid________________?

A. has been used as an instrument of foreign policy by the U.S
B. should be abolished until poverty is eliminated is our own society
C. is what ultimately overthrowing communism
D. None of the above
Answer» B. should be abolished until poverty is eliminated is our own society
920.

Foreign aid is an instrument of________________?

A. foreign policy
B. manipulation
C. propaganda
D. the democratic value system
Answer» B. manipulation
921.

For the better part of recorded history knowledge about social relationships was principally based on ?

A. scientific investigation
B. speculation
C. inspiration
D. measurement
Answer» C. inspiration
922.

For neo-realists the international order is one of________________?

A. total anarchy
B. centralized power
C. full cooperation
D. quasi-anarchy
Answer» C. full cooperation
923.

For many second and third generation immigrants ethnic background is less a focus of identity than______________?

A. social class
B. religion
C. race
D. residence
Answer» C. race
924.

For equilibrium in an open four sector economy ?

A. Actual injections = actual withdrawals
B. Planned injections = planned withdrawals
C. Savings = investment
D. Government spending = tax revenue
Answer» B. Planned injections = planned withdrawals
925.

For a young guitar player a rock band seen on TV would represent a (n) ?

A. reference group
B. membership group
C. involuntary group
D. all of the above
Answer» B. membership group
926.

For a firm operating in two markets and price discriminating the profit maximising condition is ?

A. Marginal revenue in A= Price B
B. Marginal revenue in A = Marginal revenue B = Price A = Price B
C. Marginal revenue in A = Marginal revenue B = Marginal cost
D. Marginal revenue in A = Marginal revenue B = Average cost
Answer» C. Marginal revenue in A = Marginal revenue B = Marginal cost
927.

Following a divorce both partners remarry in what percentage of cases ?

A. 90%
B. 80%
C. 60%
D. 50%
Answer» C. 60%
928.

Firms sell their products in________________?

A. factor markets
B. resource markets
C. product markets
D. abstract markets
Answer» D. abstract markets
929.

Feminist theory bas borrowed much of the ideas of________________?

A. psychology
B. conflict and Marxist theories
C. the ideology that tries to rationalize women ,s low position in society
D. The Feminine Mystique
Answer» C. the ideology that tries to rationalize women ,s low position in society
930.

Female-headed families have_______________?

A. increased in number since 1970
B. generally a lower income than two-parent families
C. greater emotional stress in dealing with children
D. all of the above
Answer» E.
931.

Federalism many be defined as a system of_____________________?

A. concurrent power
B. central power
C. wholesale power
D. regional power
Answer» B. central power
932.

Federal legislation has sometimes been prompted by_____________________?

A. outright opposition by state governments to federal law
B. a general lack of financial resources and professional expertise at the state level
C. inefficiency and sluggishness of state administrations
D. all of the above
Answer» E.
933.

Faulty role performance ?

A. may create much stress
B. sometimes occurs by chance
C. could mean that another role is being performed well
D. all of the above
Answer» E.
934.

Fascism_______________?

A. distrusts reason
B. refuses violence
C. stresses a belief in human equality
D. appeals to intellectuals
Answer» B. refuses violence
935.

Fascism first emerged ?

A. in Germany under the leadership of Adolf Hitler
B. in Italy under the leadership of Benito Mussolini
C. in Argentina under Juan Peron
D. In South Africa under apartheid
Answer» C. in Argentina under Juan Peron
936.

Factors in the urban crisis include_______________?

A. the move of the middle class and industry to the suburbs
B. the inner city,s declining tax base
C. a high percentage of deprived and trapped individuals
D. all of the above
Answer» E.
937.

Factors in the decline of the marriage rate include__________________?

A. a delay in the age of first marriage
B. the increase of cohabitation
C. the increase in the incidence of remaining single
D. all of the above
Answer» E.
938.

Extraction of raw materials occurs in which sector of the economy ?

A. Primary
B. Secondary
C. Tertiary
D. Quaternary
Answer» B. Secondary
939.

Experiments_______________?

A. are conducted in both field and laboratory setting
B. involve the risk that people may modify their behavior
C. must involve control groups of some kind
D. all of the above
Answer» E.
940.

Experiments are_______________?

A. the most common method of social investigation
B. based on controlling a variable and observing the results
C. not used in the study of humans
D. valid only if performed on white mice
Answer» C. not used in the study of humans
941.

Exceptions to the circular flow are__________________?

A. incidentals
B. withdrawals
C. injections
D. B and C only
Answer» E.
942.

Every hypothesis must ?

A. predict a relationship between two factors
B. be general
C. be based on scientific theory
D. predict a causal relationship
Answer» B. be general
943.

Even in a democracy the state can________________?

A. size property
B. imprison persons
C. deprive people of their lives
D. all of the above
Answer» C. deprive people of their lives
944.

Ethnocentrism refers to_______________?

A. an attitude with which members of one society judge another society according to their own standards
B. the attitude that cultures be analyzed on their own terms
C. the attitude that certain values and practices are common to all cultures
D. all of the above
Answer» B. the attitude that cultures be analyzed on their own terms
945.

Ethnocentrism has two meanings The version which may alternatively be called ethnochauvinism refers to the conviction that__________________?

A. one,s own culture subculture or society is best bar none
B. women are subordinate in every culture
C. other cultures can be judged by the standards of one,s own
D. the males of a given ethnic group are superior
Answer» B. women are subordinate in every culture
946.

Ethnic groups are based on_________________?

A. skin color
B. common customs and /or identities
C. genes
D. eye shape
Answer» C. genes
947.

Ethical neutrality is the opposite of_________________?

A. objectivity
B. judgmental social science
C. generalization
D. participant observation
Answer» C. generalization
948.

Environmental pollution is the result of_________________?

A. dysfunctions in the earth,s atmosphere
B. ignorance on the part of the underdeveloped nations
C. human actions that have harmful consequences
D. unknown bacteria and viruses
Answer» D. unknown bacteria and viruses
949.

Environmental depletion is the term used to mean that________________?

A. natural resources are increasing in proportion to an increased demand for them
B. natural resources are decreasing as demand for them increase
C. natural resources can be substituted with artificial ones
D. humans are capable to adapt to other resources when the old ones disappear
Answer» C. natural resources can be substituted with artificial ones
950.

Entities such as the U.N and the European Economic Community (Common Market) are classed as_____________?

A. IGOs
B. LDCs
C. ICUs
D. EEcs
Answer» B. LDCs