MCQOPTIONS
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MCQOPTIONS
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.
| 151. |
Violent crowd behavior______________? |
| A. | has no limits in its antisocial nature? |
| B. | always goes against the wishes of individual members |
| C. | is generally random |
| D. | is usually temporary |
| Answer» E. | |
| 152. |
Violation of a folkway is considered ? |
| A. | a violation striking to the very heart of society |
| B. | a legally punishable offense |
| C. | a slight to one,s group but not a punishable offense |
| D. | an incident of no consequence whatsoever |
| Answer» D. an incident of no consequence whatsoever | |
| 153. |
Variables that exercise influence on other variables are called ? |
| A. | independent variables |
| B. | constants |
| C. | dependent variables |
| D. | none of the above |
| Answer» D. none of the above | |
| 154. |
Values in any society_____________? |
| A. | dictate conduct in every situation |
| B. | are specifically spelled out |
| C. | are often contradictory |
| D. | all of the above |
| Answer» D. all of the above | |
| 155. |
Utilitarian organizations include_____________? |
| A. | the military prisons and mental hospitals |
| B. | businesses and industries of all types |
| C. | professional and religious organizations |
| D. | all of the above |
| Answer» C. professional and religious organizations | |
| 156. |
Utilitarian organizations are so named because they ? |
| A. | produce useful things |
| B. | serve the practical purposes of their owners |
| C. | provide useful services to the community |
| D. | provide material benefits in exchange for work |
| Answer» E. | |
| 157. |
Urbanism is defined as________________? |
| A. | the migration of people from rural to urban centers |
| B. | a set of attitudes and a way of life distinct from the rural |
| C. | the growth of cities and suburbs at the expense of rural areas |
| D. | the study of the growth and decline of populations |
| Answer» C. the growth of cities and suburbs at the expense of rural areas | |
| 158. |
Urbanism is associated with_____________________? |
| A. | extended families |
| B. | Gemeinschaft society |
| C. | increase in anomie and alienation |
| D. | public transportation |
| Answer» D. public transportation | |
| 159. |
Urban renewal has_________________? |
| A. | provided good housing for the poor |
| B. | secured many jobs for the poor |
| C. | eliminated housing discrimination |
| D. | moved residents but not improved conditions |
| Answer» E. | |
| 160. |
Urban families everywhere in the world_________________? |
| A. | follow the dictates of religion and culture |
| B. | voluntarily curb their fertility |
| C. | have attained zero population growth |
| D. | willingly accept governmental family planning |
| Answer» C. have attained zero population growth | |
| 161. |
Unions face WHICH of the following problems ? |
| A. | Antitrust laws |
| B. | Increasing white-collar membership |
| C. | Expansion of the manufacturing sector |
| D. | Loss of membership |
| Answer» E. | |
| 162. |
Types of survey data include_______________? |
| A. | naires |
| B. | personal interviews |
| C. | previously gathered statistical information |
| D. | all of the above |
| Answer» E. | |
| 163. |
Two nations with a low street -crime rate are________________? |
| A. | Honduras ans Mexico |
| B. | Japan and Finland |
| C. | Switzerland and France |
| D. | Germany and Austria |
| Answer» C. Switzerland and France | |
| 164. |
Traditional autocracy has been replaced by________________? |
| A. | democracy |
| B. | egalitarianism |
| C. | authoritarian or totalitarian ideologies |
| D. | tyranny |
| Answer» D. tyranny | |
| 165. |
Totalitarian regimes_____________? |
| A. | control the individual socially and politically |
| B. | control only political life |
| C. | leave individuals human and civil rights intact |
| D. | deal only with economic and foreign policy matters |
| Answer» B. control only political life | |
| 166. |
Total revenue equals ? |
| A. | Price plus quantity |
| B. | Price multiplier by quantity sold |
| C. | Price divided by the quantity sold |
| D. | Price minus quantity sold |
| Answer» D. Price minus quantity sold | |
| 167. |
Total planned OR desired spending in the economy as a whole within a given period is called_____________? |
| A. | pent-up demand |
| B. | aggregate demand |
| C. | elastic demand |
| D. | excess demand |
| Answer» C. elastic demand | |
| 168. |
Total “laissez-faire” is impossible because________________? |
| A. | the market does not provide for satisfying public needs |
| B. | the market is not equitable favoring those with more resources |
| C. | the market makes no provision for protecting smaller participants |
| D. | all of the above |
| Answer» E. | |
| 169. |
Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of the following is true ? |
| A. | Marginal cost is Rs20 |
| B. | Average cost rises |
| C. | Variable cost rises by Rs200 |
| D. | Average fixed cost was Rs10originally |
| Answer» C. Variable cost rises by Rs200 | |
| 170. |
Total increases from Rs500 to Rs600 when output increases from 20 to 30 units. Fixed costs are Rs200 Which of the following is true ? |
| A. | Marginal cost is Rs20 |
| B. | Average cost falls |
| C. | Variable cost rises by Rs100 |
| D. | Average fixed cost is Rs10 |
| Answer» D. Average fixed cost is Rs10 | |
| 171. |
Tolerance of conflicting ideas has been_________________? |
| A. | the downfall of industrialized societies |
| B. | one of the great contributions of democracy |
| C. | a major obstacle to establishing social order |
| D. | none of the above |
| Answer» C. a major obstacle to establishing social order | |
| 172. |
Today’s Catholic Church is classified as a________________? |
| A. | national state |
| B. | nationless state |
| C. | intergovernmental organization |
| D. | nongovernmental organization |
| Answer» E. | |
| 173. |
Today physicians the clergy and lawyers have difficulty dealing with test tube babies and surrogate motherhood We could say that they are grappling with_________________? |
| A. | cultural advancement |
| B. | cultural change |
| C. | cultural lag |
| D. | cultural conflict |
| Answer» C. cultural lag | |
| 174. |
Today most workers in the United States are employed in the_________________? |
| A. | primary sector |
| B. | secondary sector |
| C. | tertiary sector |
| D. | quaternary sector |
| Answer» D. quaternary sector | |
| 175. |
To use up the final products of production is to_______________? |
| A. | distribute |
| B. | consume |
| C. | allocate |
| D. | appropriate |
| Answer» C. allocate | |
| 176. |
To some degree according to some research heredity determines_____________? |
| A. | the ability to control impulses |
| B. | leadership abilities |
| C. | sociability |
| D. | all of the above |
| Answer» E. | |
| 177. |
To say that American music is the best in the world is an example of__________________? |
| A. | ethnocentrism |
| B. | cultural relativity |
| C. | the truth |
| D. | a value |
| Answer» B. cultural relativity | |
| 178. |
To reduce the supply of money the government could ? |
| A. | Reduce interest rates |
| B. | Buy back government bonds |
| C. | Sell government bonds |
| D. | Encourage banks to lend |
| Answer» E. | |
| 179. |
To maximise sales revenue a firm should produce where ? |
| A. | Marginal cost is zero |
| B. | Marginal revenue is maximised |
| C. | Marginal revenue is zero |
| D. | Marginal revenue equals marginal cost |
| Answer» E. | |
| 180. |
To maximise growth without making a loss a firm should produce the highest output where ? |
| A. | Average revenue equals marginal cost |
| B. | Average revenue equals average cost |
| C. | Marginal revenue equals marginal cost |
| D. | Average cost equals marginal cost |
| Answer» D. Average cost equals marginal cost | |
| 181. |
To be Productively efficient a firm must produce where ? |
| A. | Marginal costs are maximized |
| B. | Marginal costs are Minimized |
| C. | Average costs are minimized |
| D. | Average costs are maximized |
| Answer» B. Marginal costs are Minimized | |
| 182. |
To be allocatively efficient a firm must produce where ? |
| A. | The total cost equals demand |
| B. | The average revenue equals the marginal revenue |
| C. | The price equals the average cost |
| D. | The price equals the marginal cost |
| Answer» D. The price equals the marginal cost | |
| 183. |
To assign uniform characteristics to an entire group of people without allowing for individual differences is called_____________? |
| A. | prejudging |
| B. | characterizing |
| C. | stereotyping |
| D. | discriminating |
| Answer» D. discriminating | |
| 184. |
To anticipate what the economy is going to do next the government will look at ? |
| A. | Lagging indicators |
| B. | Flashing indicator |
| C. | Coincidental indicators |
| D. | Leading indicators |
| Answer» E. | |
| 185. |
To a person who belongs to it beer can collectors, club is a(n) ? |
| A. | reference group |
| B. | membership group |
| C. | voluntary group |
| D. | all of the above |
| Answer» C. voluntary group | |
| 186. |
Thomas Malthus sated that________________? |
| A. | fodd increases in a geometric progression |
| B. | population grow in arithmetic progression |
| C. | populations increase in geometric progression |
| D. | population growth is a matter of algebra not geometry or arithmetic |
| Answer» D. population growth is a matter of algebra not geometry or arithmetic | |
| 187. |
Third parties arise when_____________? |
| A. | a charismatic leader is available |
| B. | a large portion of the electorate is dissatisfied with the other candidates |
| C. | the nation experiences severs economic recession or depression |
| D. | new political ideologies emerge |
| Answer» C. the nation experiences severs economic recession or depression | |
| 188. |
There is no conclusive evidence that differences in the behavior of the two genders are due to______________? |
| A. | anatomical differences |
| B. | hormonal differences |
| C. | chromosomal differences |
| D. | all of the above |
| Answer» E. | |
| 189. |
There is inequality among the Siriono of Bolivia in that_________________? |
| A. | the families of the best hunters are permitted to hoard food |
| B. | the elder females make all the group,s rules |
| C. | there is a priestly caste |
| D. | none of the above |
| Answer» E. | |
| 190. |
There is a tendency for people to_______________? |
| A. | rebel against group norms |
| B. | accept group norms |
| C. | respond only to negative sanctions |
| D. | respond only to violence |
| Answer» C. respond only to negative sanctions | |
| 191. |
There is a growing realization that divorce______________? |
| A. | is a normal process from which people quickly recover? |
| B. | means freedom and happiness |
| C. | may bring devastating economic and emotional consequences |
| D. | none of the above |
| Answer» D. none of the above | |
| 192. |
Theology is_______________? |
| A. | the sympathetic interpretation of myths |
| B. | the rational system of ideas that explains a belief system |
| C. | a justification of the function of religion |
| D. | the rules of ritual observance |
| Answer» C. a justification of the function of religion | |
| 193. |
The writers of the Constitution intended the president to have________________? |
| A. | strong personal power |
| B. | weak personal power |
| C. | no power at all |
| D. | power only in declaring war |
| Answer» C. no power at all | |
| 194. |
The widest sphere of human interaction on an international scale is_______________? |
| A. | international law |
| B. | international economics |
| C. | international security affairs |
| D. | international relations |
| Answer» E. | |
| 195. |
The view that the state has emerged to protect the rights of a privileged few has been expressed by philosophers of which school of thought ? |
| A. | Functionalism |
| B. | Ideologist |
| C. | Conflict |
| D. | Hegelianism |
| Answer» D. Hegelianism | |
| 196. |
The view that the elderly lack social and material resources to reciprocate in relationships and consequently occupy a subservient status is the point of______________? |
| A. | activity theory |
| B. | disengagement theory |
| C. | exchange theory |
| D. | modernization theory |
| Answer» D. modernization theory | |
| 197. |
The view that nationalism would wither away was held by_________________? |
| A. | classical liberals |
| B. | Marxists |
| C. | stoic philosophers like Marcus Aurelius |
| D. | all of the above |
| Answer» C. stoic philosophers like Marcus Aurelius | |
| 198. |
The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________? |
| A. | social Darwinism |
| B. | classical conservatism |
| C. | structural functionalism |
| D. | classical liberalism |
| Answer» E. | |
| 199. |
The victims of crime tend to be_______________? |
| A. | members of the middle class |
| B. | members of minority groups |
| C. | poor |
| D. | B and C |
| Answer» E. | |
| 200. |
The urban trends resulting from the industrial Revolution include_________________? |
| A. | strengthening primary ties |
| B. | a return to Biblical religions |
| C. | homogeneous population |
| D. | reduced family size |
| Answer» C. homogeneous population | |