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.

951.

Engineers lawyer’s investment bankers’ top CEOs entertainers and so on are described as_____________?

A. nouveau riches
B. generation x-ers
C. baby boomers
D. symbolic analysts
Answer» E.
952.

Endogamy and exogamy are_______________?

A. two social science disciplines
B. ways of studying institutions
C. social limitations placed on marriages
D. practiced only by select groups in society
Answer» D. practiced only by select groups in society
953.

Enacting legislation__________________?

A. is a slow and painful process
B. involves negotiation and compromise
C. sometimes pits the executive branch against the interests of the members of states and districts
D. all of the above
Answer» E.
954.

Emotional stress and maladjustment may occur as a result of______________?

A. faulty role performance
B. status inconsistency
C. improperly learned roles
D. all of the above
Answer» E.
955.

Embezzlement and fraud are two examples of_________________?

A. white collar crime
B. crimes against persons
C. organized crime
D. property crimes
Answer» B. crimes against persons
956.

Efficiency in economic terminology means________________?

A. using existing technology
B. obtaining the highest output in the least amount of time
C. ignoring the time factor
D. making do with as few workers as possible
Answer» C. ignoring the time factor
957.

Effective social movement leadership requires_______________?

A. taking tactical advantage of trends and opportunities
B. marketing skills
C. procedures for succession
D. all of the above
Answer» E.
958.

Economists chart the limits of resources and technology on output through_____________________?

A. production-possibility schedules
B. product-moment correlations
C. Venn diagrams
D. welfare functions
Answer» B. product-moment correlations
959.

Economics deals with_______________?

A. production of goods and services
B. consumption of goods and services
C. distribution of goods and services
D. all of the above
Answer» E.
960.

Economic policies do not work as well as they should because of obstacles posed by______________?

A. timing
B. interpretation
C. implementation
D. all of the above
Answer» E.
961.

Economic growth can be seen by an outward shift of ?

A. The Production Possibility Frontier
B. The Gross Domestic Barrier
C. The Marginal Consumption Frontier
D. The Minimum Efficient Scale
Answer» E.
962.

Economic growth can be measured by ?

A. The CPI
B. The CBI
C. GDP
D. MPC
Answer» B. The CBI
963.

Economic growth can be shown by ?

A. An inward shift of the production possibility frontier
B. A movement along the production possibility frontier
C. An outward shift of the production possibility frontier
D. A decision by the government to produce inside the production possibility frontier
Answer» D. A decision by the government to produce inside the production possibility frontier
964.

Ecology is the discipline concerned with________________?

A. the growth or decline of population
B. human processes such as migration
C. how ideologies motivate human behavior
D. the way living things relate and adjust to each other in a common habitat
Answer» E.
965.

Each society must make the following decisions of an economic nature regarding the______________?

A. time place and quantity of production
B. assessment collection and counting of taxes
C. measurement of land water and minerals
D. production distribution and consumption of goods and services
Answer» E.
966.

Durkheim,s approach to religion involved the opposed concepts of_________________?

A. good and evil
B. children of light and children of darkness
C. natural and supernatural
D. sacred and profane
Answer» E.
967.

Durkheim was one of the first scientific sociologists who studied______________?

A. suicide
B. mental illness
C. sex
D. all of the above
Answer» B. mental illness
968.

Durkheim,s analysis suggests that so-called primitive people__________________?

A. invented the concept of gods
B. though they were gods
C. projected their human ideals and personified them as gods
D. saw themselves as clans of animals
Answer» D. saw themselves as clans of animals
969.

Durkheim viewed religion as a form of social_________________?

A. recreation
B. innovation
C. ingratiation
D. integration
Answer» E.
970.

Durkheim believed that religion__________________?

A. exploited the masses
B. was a reflection of human society
C. had nothing to do with social life
D. was a radical force in society
Answer» C. had nothing to do with social life
971.

During the Enlightenment of the 18th century_______________?

A. scholars emphasized the supernatural
B. scholars denied the possibility of a scientific study of humans
C. a number of scholars believed human social life could be studied scientifically
D. none of the above
Answer» D. none of the above
972.

During and after a depression the government can use fiscal policy through its powers of_____________?

A. spending and taxation
B. wage regulation
C. income ceilings
D. bank regulation
Answer» B. wage regulation
973.

Drug addiction has been characterized as a victimless crime meaning ?

A. drug addiction is a sustainable life style
B. drug users are not responsible for their actions
C. addicts choose to be addicted and hurt no one but themselves
D. society does care what happens to addicts
Answer» D. society does care what happens to addicts
974.

Dominant groups tend to use all but which of the following methods in dealing with minorities ?

A. forced assimilation
B. cultural relativity
C. population transfers
D. economic exploitation
Answer» C. population transfers
975.

Divorced men as compared to married men are subject to_______________?

A. more suicides
B. more instances of depression
C. more car accidents
D. all of the above
Answer» E.
976.

Disposable income is the part of households income left after the deduction of ?

A. income tax and social security payments
B. taxes and the addition of benefits
C. income tax
D. contractual payments such as pensions and mortgages
Answer» C. income tax
977.

Disengagement refers to_______________?

A. aged persons maintaining their regular social roles
B. aged persons abandoning their regular roles so that younger people may assume them
C. a period before retirement
D. a pleasant interlude for the elderly
Answer» C. a period before retirement
978.

Discriminatory behavior prompted by the knowledge that prejudice exists on a society wide level is called______________?

A. attitudinal discrimination
B. institutional discrimination
C. cultural discrimination
D. personal discrimination
Answer» B. institutional discrimination
979.

Discrimination occurs_______________?

A. with prejudice
B. as a result of informal quotas
C. with or without accompanying prejudice
D. as a result of government rulings
Answer» D. as a result of government rulings
980.

Discrimination is_______________?

A. an attitude or feeling of dislike for a certain group
B. an action taken as a result of prejudicial feelings
C. racial hatred
D. belief in the superiority of one,s own group
Answer» C. racial hatred
981.

Discrimination against the elderly has been especially apparent in the area of____________?

A. creditworthiness
B. employment
C. retirement
D. hospitalization
Answer» C. retirement
982.

Diplomacy today gives diplomats________________?

A. great discretion in making policy decisions
B. limited roles as messengers
C. charge of summit conferences
D. starring roles as celebrities
Answer» C. charge of summit conferences
983.

Deviant individuals______________?

A. set examples for others thus reaffirming existing norms
B. are invented by society to promote group cohesion
C. hinder group cohesion by disrupting stability
D. prevent social change from occurring
Answer» B. are invented by society to promote group cohesion
984.

Deviance______________?

A. shows what is proper behavior
B. helps group cohesiveness
C. promotes social change
D. all of the above
Answer» E.
985.

Deviance that is covered by the laws of a society is called______________?

A. anomie
B. alienation
C. crime
D. differentiation
Answer» D. differentiation
986.

Deviance that has not been discovered is called ?

A. secondary deviance
B. final deviance
C. primary deviance
D. sinful deviance
Answer» D. sinful deviance
987.

Deviance that has been exposed leads to______________?

A. anomie
B. labeling
C. transmission
D. forgiveness
Answer» C. transmission
988.

Deviance is relative because ____________?

A. psychologists prefer the term “abnormality”
B. moralists prefer the term “immorality”
C. the definition of social norms varies by culture and subculture
D. no two people agree what deviance is
Answer» D. no two people agree what deviance is
989.

Deviance is defined______________?

A. in the same way everywhere
B. in some cultures, as nonexistent
C. in the context of time and place
D. as another world for crime
Answer» D. as another world for crime
990.

Deviance is defined as________________?

A. breaking legal codes
B. behavior forbidden by religion
C. behavior that passes the limits of what the social group tolerates
D. any violation of societal norms
Answer» D. any violation of societal norms
991.

Deviance contributes to social change in that________________?

A. today’s deviant is tomorrow’s leader
B. deviant acts invariably point to outdated
C. deviance is a fad
D. some actions initially defined as deviant eventually become generally accepted
Answer» E.
992.

Determining that a particular act is deviant may depend on______________?

A. the place time and circumstances
B. the social status of the person committing the act
C. the social status of those judging the act
D. all of the above
Answer» E.
993.

Descriptive statistics_______________?

A. permit researchers to generalize from samples
B. convey information about central tendency
C. allow researchers to test hypotheses
D. convey information about atypical behavior
Answer» C. allow researchers to test hypotheses
994.

Demographers believe that_______________?

A. the demographic transition represents a general pattern
B. Western societies are doomed to extinction
C. the underdeveloped nations must increase their birthrate
D. population grows in inverse proportion to food production
Answer» B. Western societies are doomed to extinction
995.

Democratic socialism is an ideology that______________?

A. preaches hatred of the state
B. demands total nationalization of the economy
C. stresses class struggle
D. seeks to provide essential services to all
Answer» E.
996.

Democracy is based on_______________?

A. the value of the individual
B. rule by the elite
C. leadership of a charismatic leader
D. ideal hopes for a future society
Answer» B. rule by the elite
997.

Democratic capitalism means that________________?

A. all property belongs to the government
B. the economy is regulated through legislation and taxation
C. losers totally destroyed
D. the individual is free to do anything as long as he/she has money
Answer» C. losers totally destroyed
998.

Demand and supply are________________?

A. market forces
B. key economic indicators
C. thesis and antithesis
D. causes of inflation
Answer» B. key economic indicators
999.

Defense mechanisms function to________________?

A. protect the superego
B. deceive sexual targets
C. ward off sexual advances
D. deflect anxiety
Answer» E.
1000.

Death rates are______________?

A. defined as the number of deaths per 1000 people per country per year
B. the rate at which infants survive past their first year
C. deaths of infants before they are one year old
D. the rate a which the elderly die in any given year
Answer» B. the rate at which infants survive past their first year