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.

251.

The social sciences were initially concerned with the consequences of_______________?

A. the American Revolution
B. the French Revolution
C. the Russian Revolution
D. the Industrial Revolution
Answer» E.
252.

The social sciences lack ?

A. theories
B. concepts
C. scientific laws
D. generalization
Answer» D. generalization
253.

The social sciences have no laws because ?

A. social scientists are a lawless group
B. social science research techniques are flawed
C. the various disciplines squabble among themselves
D. none of the above
Answer» E.
254.

The social sciences have_____________?

A. more control over data than physics
B. complete objectivity
C. problems with studying people in laboratories
D. been accepted as equally valid as the physical sciences
Answer» D. been accepted as equally valid as the physical sciences
255.

The social sciences first emerged ?

A. as a method of social control
B. as a search for universal social laws
C. to systematically apply common sense to issues
D. to defend the established order
Answer» C. to systematically apply common sense to issues
256.

The social science that deals with human use of the natural environment is______________?

A. genetics
B. geography
C. chemistry
D. physiology
Answer» C. chemistry
257.

The social class(es) least interested in church participation is (are)the_____________?

A. lower-middle class
B. upper-lower class
C. upper and lower classes
D. none of the above
Answer» D. none of the above
258.

The SMSA is based on____________________?

A. a town smaller than 2500 residents
B. one or more counties containing at least one city of 50,000 residents or two cities totaling 50,000
C. a town of 10,000 and surrounding counties
D. a city of at least 100,000 residents and its suburbs
Answer» C. a town of 10,000 and surrounding counties
259.

The smallest percentage of the poor consists of_______________?

A. the elderly
B. women
C. minorities
D. children
Answer» B. women
260.

The smallest group is constituted by the________________?

A. triad
B. quadrad
C. dyad
D. monad
Answer» D. monad
261.

The small number of black managers and coaches in professional baseball and football is an example of________________?

A. individual discrimination
B. institutional discrimination
C. cultural discrimination
D. lack of talent among blacks
Answer» C. cultural discrimination
262.

The situation in the Middle East is an example of________________?

A. competition
B. cooperation
C. conflict
D. all of the above
Answer» D. all of the above
263.

The “significant others” of Mead,s theory are____________?

A. important because they provide the initial role models
B. unimportant because models do not influence personality
C. constituted by governmental authorities who must be obeyed
D. similar to the ego of Freud,s theory
Answer» B. unimportant because models do not influence personality
264.

The shift toward tertiary sector jobs has_______________?

A. reduced the need for unskilled or semi-skilled workers
B. eliminated hardcore unemployment
C. established a general trend toward the professionalization of everyone
D. All of these
Answer» B. eliminated hardcore unemployment
265.

The sequence of Freud,s psychosexual stages is_________________?

A. anal genital oral phallic and Oedipal
B. oral anal phallic Oedipal and latency
C. oral Oedipal phallic latency and genital
D. oral anal phallic latency and genital
Answer» E.
266.

The second function of the legislative branch is to______________?

A. govern every state in the Union
B. ensure a system of representation
C. ensure that neither of the chambers has the upper hand
D. pass laws consistent with moral values
Answer» C. ensure that neither of the chambers has the upper hand
267.

The scientists skepticism extends to________________?

A. the value of scientific objectivity
B. his or her own credentials
C. his or her own findings
D. the usefulness of scientific inquiry
Answer» D. the usefulness of scientific inquiry
268.

The scientific method in the social sciences ?

A. is as effective as in the natural sciences
B. is hampered by difficulties in attaining objectivity
C. has led to great discoveries in the human knowledge of the physical universe
D. has been found to be totally useless
Answer» C. has led to great discoveries in the human knowledge of the physical universe
269.

The scientific method contains all but one of the following techniques ?

A. scientific observation
B. systematic collection of data
C. making data public
D. selecting data to prove a point
Answer» E.
270.

The school of thought that considers power to be brokered by various interest groups is called______________?

A. pluralism
B. power elitism
C. absolute power
D. authoritarianism
Answer» B. power elitism
271.

The sate differs from all the other institutions in that_______________?

A. it is an abstract concept
B. its political control is complete
C. membership is compulsory for all residents of its territory except for aliens and visitors
D. all of the above
Answer» C. membership is compulsory for all residents of its territory except for aliens and visitors
272.

The Sapir-Whorf hypothesis ?

A. may well be unintelligible as translated in some languages
B. is the product of a distinct world view?
C. emphasizes the difficulty of understanding another culture as its participants understand it
D. all of the above
Answer» D. all of the above
273.

The rise of social classes is almost always associated with the development of__________________?

A. the state
B. democracy
C. totalitarianism
D. international trade
Answer» B. democracy
274.

The result of executive officers sitting on several corporate boards is________________?

A. oligopolies
B. trusts
C. interlocking directorates
D. restraint of trade
Answer» D. restraint of trade
275.

The resources in the economy do not include ?

A. Demand
B. Land
C. Labour
D. Capital
Answer» B. Land
276.

The resources in an economy are ?

A. Constantly increasing
B. Fixed at any moment
C. Constantly decreasing
D. Able to be transferred easily between industries
Answer» C. Constantly decreasing
277.

The resources each spouse brings to a marriage include________________?

A. income
B. the ability to earn income
C. occupational prestige
D. all of the above
Answer» E.
278.

The research on an isolated Amazon tribe______________?

A. supports the Sapir-Whorf hypothesis
B. shows that perceptions affect reality
C. language affects perceptions of reality
D. only A and C
Answer» E.
279.

The research method in which the researcher controls one variable and observes and records the results is called_____________?

A. case study
B. observation
C. experiment
D. social research
Answer» D. social research
280.

The relationship of the mass media and politicians can be described as_________________?

A. political control of the media
B. media subversion of government
C. nonexistent
D. symbiotic and adversarial
Answer» E.
281.

The relationship of organisms to their environments is called________________?

A. physical
B. chemical
C. ecological
D. astral
Answer» D. astral
282.

The relationship between population and income is___________________?

A. an increase in income produces a decline in fertility
B. the birth rate rises because of an increase in education
C. the rise in income and population results in a decrease of urbanization
D. working women have more children
Answer» B. the birth rate rises because of an increase in education
283.

The regulation of sex______________?

A. is attempted by societies by encouraging marriage
B. has become unimportant in the U.S
C. has no relationship to the liberalization of sexual norms
D. is unrelated to societal mores and taboos
Answer» B. has become unimportant in the U.S
284.

The reality that lies beyond human perception is called__________________?

A. transpersonal reality
B. paranormal reality
C. transient reality
D. transcendent reality
Answer» E.
285.

The real problem in population growth is________________?

A. sheer numbers
B. uneven density of population
C. population growth presents no problem
D. that most societies have a fertility rate
Answer» C. population growth presents no problem
286.

The realist school of international relations defines war and security as_____________?

A. brinkmanship
B. statecraft
C. high politics
D. low politics
Answer» E.
287.

The “real revolution” of the last twenty years according to one sociologist refers to_______________?

A. the jailing of spouse abusers and marital rapists
B. “serial” or “throwaway” marriages
C. male bonding and tribalism
D. women,s lack of interest in marriage
Answer» E.
288.

The rationalization for having capital punishment is that_______________?

A. it prevents capital crime
B. it acts as a deterrent
C. societies need to threaten prospective criminals
D. it protects the Biblical commandment against killing
Answer» C. societies need to threaten prospective criminals
289.

The ratio of change in the equilibrium level of output to a change in some autonomous variable is the ?

A. automatic stabiliser
B. multiplier
C. elasticity coefficient
D. marginal propensity of the autonomous variable
Answer» C. elasticity coefficient
290.

The rate of change for most of human history has been________________?

A. slow until the Industrial Revolution then rapid
B. rapid since the beginning of history
C. unchanged
D. slow because people are creatures of habit
Answer» B. rapid since the beginning of history
291.

The push for teaching people to read in the English-speaking world was based on a desire to read_______________?

A. history
B. shop manuals
C. the Bible
D. maps
Answer» D. maps
292.

The purpose of the Monroe Doctrine was_______________?

A. to warn the Japanese to steer clear of the Caribbean in exchange for U.S non-intervention in Afghanistan
B. to warn European powers to keep away from the Western Hemisphere in return for U.S nonintervention in Europe
C. to conquer the Soviet regime and attach Siberia to the United States
D. to let the world, know who the superpower is
Answer» C. to conquer the Soviet regime and attach Siberia to the United States
293.

The purpose of the Bill of Rights is to_________________?

A. give more power to the government
B. restrict the power of the government
C. weaken the government
D. make revolution impossible
Answer» C. weaken the government
294.

The purpose of separating management from ownership is to________________?

A. secure the highest possible salaries for managers
B. ensure that the long-term interests of the corporation outweigh short-term gains
C. shield absentee owners from any and all responsibility
D. shield the board of directors from any and all responsibility
Answer» C. shield absentee owners from any and all responsibility
295.

The public sector_________________?

A. is bloated with a large bureaucracy
B. employs one of every four workers
C. is less efficient and effective than the private sector
D. all of the above
Answer» E.
296.

The psychodynamic theories of personality are associated with________________?

A. Charles Horton Cooley
B. Sigmund Freud
C. George Herbert Mead
D. Jean Piaget
Answer» C. George Herbert Mead
297.

The Protestant Ethic supported capitalism through the religious doctrine that praised_________________?

A. hard work and thrift
B. predestination
C. turning the other cheek
D. buying indulgences
Answer» B. predestination
298.

The Protestant denomination emphasized in Max Weber,s Protestant Ethic and the Spirit of Capitalism was_______________?

A. Baptism
B. Anglicanism
C. Calvinism
D. Lutheranism
Answer» D. Lutheranism
299.

The proportion of an increase in national income paid in tax is ?

A. the fiscal stance
B. the tax multiplier
C. the marginal tax propensity
D. the average tax propensity
Answer» D. the average tax propensity
300.

The profit per sale is a measure of ?

A. Profit
B. Profitability
C. Feasibility
D. Realism
Answer» E.