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MCQOPTIONS
This section includes 1337 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.
| 551. |
ideologies may be described as_______________? |
| A. | simplified world views |
| B. | complex explanations of the world |
| C. | rejecting action |
| D. | none of the above |
| Answer» B. complex explanations of the world | |
| 552. |
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 | |
| 553. |
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 | |
| 554. |
The fundamental assumption of democratic socialism is that_______________? |
| A. | participation in political decision making should be extended to religious leaders |
| B. | the Socialist party must be in command of the economy |
| C. | participation in political decision making should be extended to economic decision making |
| D. | it is not necessary for everyone in a society to work |
| Answer» D. it is not necessary for everyone in a society to work | |
| 555. |
Sex stereotypes are traditionally found in________________? |
| A. | books |
| B. | movies |
| C. | segregation of boys and girls in certain activities |
| D. | all of the above |
| Answer» E. | |
| 556. |
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 | |
| 557. |
Communism emerged as an ideology in reaction to conditions following____________? |
| A. | the French Revolution |
| B. | starvation in Ireland |
| C. | the Industrial Revolution |
| D. | the Protestant Reformation |
| Answer» D. the Protestant Reformation | |
| 558. |
Why is the private ownership of property deemed beneficial ? |
| A. | It is the American way |
| B. | Greed makes the world go around |
| C. | keeping up with the Joneses leads to success |
| D. | None of the above |
| Answer» E. | |
| 559. |
Constitutions are________________? |
| A. | always written |
| B. | intended to limit governmental power |
| C. | meant to establish the rule of men |
| D. | blueprints for monarchies |
| Answer» C. meant to establish the rule of men | |
| 560. |
The dialectic is based on_____________? |
| A. | two extreme positions giving rise to a middle position |
| B. | polarization forcing societies to split up |
| C. | conflicts between rich and poor countries |
| D. | imperialism being destroyed by capitalism |
| Answer» B. polarization forcing societies to split up | |
| 561. |
Regarding capitalist industrial societies Marx asserted that______________? |
| A. | the means of production are controlled by the masses |
| B. | religion and philosophy are the foundations of society |
| C. | property is unimportant in the modern state |
| D. | they contained the seeds of their own destruction |
| Answer» E. | |
| 562. |
The Untied States Constitution provides for the________________? |
| A. | doctrine of elitist pluralism |
| B. | doctrine of executive privilege |
| C. | principle of federalism |
| D. | concept of polis |
| Answer» D. concept of polis | |
| 563. |
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 | |
| 564. |
The federal system has worked particularly well in_________________? |
| A. | large sized countries with regional differences |
| B. | small homogeneous countries |
| C. | small urban industrial countries |
| D. | large homogeneous single religion countries |
| Answer» B. small homogeneous countries | |
| 565. |
The term “constitutional” is reserved to describe________________? |
| A. | a government that acts arbitrarily |
| B. | a government that operates in accordance with general rules and limitations |
| C. | an agreement or treaty in written form |
| D. | a government that is no subject to restraints on political power |
| Answer» C. an agreement or treaty in written form | |
| 566. |
The chief reason that Congress is so ineffective is________________? |
| A. | that the Constitution delegates it so little power |
| B. | a result of the gradual emergence of the Supreme Court as a legislative body |
| C. | the development of the power of state governments |
| D. | the traditional organization of the legislative branch |
| Answer» E. | |
| 567. |
Which statement appears to be most correct__________________? |
| A. | gender roles have been reversed |
| B. | in a marriage spousal role are egalitarian |
| C. | housekeeping and childcare are still considered women’s work |
| D. | sex roles are blurred |
| Answer» D. sex roles are blurred | |
| 568. |
A pluralist in the U.S would maintain that___________________? |
| A. | power is spread through multiple centers |
| B. | policy reflects the wishes of a few elites |
| C. | significant decisions are made by the upper classes |
| D. | power is in the hands of a small homogeneous class of leaders |
| Answer» B. policy reflects the wishes of a few elites | |
| 569. |
Today’s Catholic Church is classified as a________________? |
| A. | national state |
| B. | nationless state |
| C. | intergovernmental organization |
| D. | nongovernmental organization |
| Answer» E. | |
| 570. |
The presidents most important role is as_______________? |
| A. | administrator |
| B. | foreign policy maker |
| C. | legislator |
| D. | ceremonial representative of the U.S |
| Answer» C. legislator | |
| 571. |
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 | |
| 572. |
The transitional period between the dominance of one party or another is called_______________? |
| A. | realignment |
| B. | dealignment |
| C. | alignment |
| D. | derailment |
| Answer» B. dealignment | |
| 573. |
The power elite are drawn from among the_______________? |
| A. | military and business leaders |
| B. | middle-class urban residents |
| C. | union leaders |
| D. | intellectuals |
| Answer» B. middle-class urban residents | |
| 574. |
According to Marx which group constituted a ruling elite ? |
| A. | The proletariat |
| B. | The bourgeoisie |
| C. | The workers for the owners of the means of production |
| D. | The military |
| Answer» C. The workers for the owners of the means of production | |
| 575. |
In C.Wright Mill,s view what group constitutes an elite ? |
| A. | Church leaders and educators |
| B. | The corporate rich only |
| C. | High ranking military officers only |
| D. | The military-industrial-governmental complex |
| Answer» E. | |
| 576. |
The political process_______________? |
| A. | allows those representing minority views to try to become the majority |
| B. | favors those representing majority views |
| C. | allows those in positions of power to ignore the peoples wishes |
| D. | none of the above |
| Answer» B. favors those representing majority views | |
| 577. |
The political organization that may have too much influence on elected officials because of its generous contribution is the________________? |
| A. | Republican Club |
| B. | Democratic Club |
| C. | Political Action Committee |
| D. | Rules Committee |
| Answer» D. Rules Committee | |
| 578. |
Surveys of American voters reveal_______________? |
| A. | a general support of the government |
| B. | full support of democratic principles |
| C. | the majority of people and political leaders are equally committed to democratic values |
| D. | a general cynicism about government |
| Answer» E. | |
| 579. |
In most societies ownership of property takes one of three forms________________? |
| A. | restricted guarded and private |
| B. | esthetic visible tangible |
| C. | communal private public |
| D. | ambiguous hermetic contraceptive |
| Answer» D. ambiguous hermetic contraceptive | |
| 580. |
Corporations and labor unions_____________? |
| A. | cannot contribute to congressional candidates |
| B. | may establish their own PACs |
| C. | may use union or corporate funds to administer PACs |
| D. | can give soft money to a national party for state and local campaigns |
| E. | all of the above |
| Answer» F. | |
| 581. |
Political parties link_____________? |
| A. | PACs to Congress |
| B. | heterogeneous groups to coalitions |
| C. | extremists to government |
| D. | all of the above |
| Answer» C. extremists to government | |
| 582. |
“Hard “money is_________________? |
| A. | money actually tendered to campaigns |
| B. | cash rather than checks or notes |
| C. | money given during the campaign |
| D. | none of the above |
| Answer» E. | |
| 583. |
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. | |
| 584. |
The Democrats lost the presidential elections in 1984 and 1988 because of______________? |
| A. | split ticket voting |
| B. | huge political gaffes |
| C. | loss of direct contact with the electorate |
| D. | running the wrong candidates |
| Answer» E. | |
| 585. |
Demand and supply are________________? |
| A. | market forces |
| B. | key economic indicators |
| C. | thesis and antithesis |
| D. | causes of inflation |
| Answer» B. key economic indicators | |
| 586. |
Which of the following is NOT an interest group ? |
| A. | The National Rifle Association |
| B. | The American Association of Retired people |
| C. | Lobbyists of America |
| D. | The Southern Christian Leadership Conference |
| Answer» D. The Southern Christian Leadership Conference | |
| 587. |
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. | |
| 588. |
Land labor capital and entrepreneurship are called__________________? |
| A. | raw materials |
| B. | impetus to upward mobility |
| C. | factors of production |
| D. | external devices |
| Answer» D. external devices | |
| 589. |
Land labor capital and entrepreneurship ? |
| A. | must be combined in the production of goods and service |
| B. | must be used separately to produce goods and service |
| C. | have no function in the production of goods and service |
| D. | create a balance between humans and their environment |
| Answer» B. must be used separately to produce goods and service | |
| 590. |
Resources are defined as______________? |
| A. | everything needed for the production of goods and services including human energy |
| B. | everything found in the ground |
| C. | everything that is made by people |
| D. | none of the above |
| Answer» B. everything found in the ground | |
| 591. |
Royal Dutch Shell Oil Co has branches in Holland Britain the United States and France This kind of corporation is called__________________? |
| A. | closed |
| B. | multinational |
| C. | restricted |
| D. | monopolistic |
| Answer» C. restricted | |
| 592. |
One of the side effects of advertising is that it________________? |
| A. | supplies the real needs of people |
| B. | creates artificial demands |
| C. | helps the wealthy get richer |
| D. | none of the above |
| Answer» C. helps the wealthy get richer | |
| 593. |
Extraction of raw materials occurs in which sector of the economy ? |
| A. | Primary |
| B. | Secondary |
| C. | Tertiary |
| D. | Quaternary |
| Answer» B. Secondary | |
| 594. |
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 | |
| 595. |
With the shift from family capitalism to industrial capitalism the important unit became the_______________? |
| A. | corporation |
| B. | government |
| C. | commune |
| D. | union |
| Answer» B. government | |
| 596. |
A problem with laissez-faire economic policy is that there is___________________? |
| A. | no flexibility |
| B. | no provision for public goods |
| C. | no profit motives |
| D. | responsiveness to demand |
| Answer» C. no profit motives | |
| 597. |
Without stabilized prices_______________? |
| A. | product market demand is problematic |
| B. | resource market demand is problematic |
| C. | the distribution of income becomes more inequitable |
| D. | all of the above |
| Answer» E. | |
| 598. |
Some of the advantages of a market economy include ? |
| A. | all participants get some satisfaction |
| B. | scarce resources are put into goods that are in demand |
| C. | economic output is distributed to those who can pay the price |
| D. | all of the above |
| Answer» E. | |
| 599. |
Which is/are the policy option(s) to counteract business cycles ? |
| A. | Shift the demand curve |
| B. | Shift the supply curve |
| C. | Do noting |
| D. | All of the above |
| Answer» E. | |
| 600. |
Maintaining full employment stabilizing the economy and pursuing economic growth are issues analyzed in the context of_______________? |
| A. | super economics |
| B. | microeconomics |
| C. | microeconomics |
| D. | hyper economics |
| Answer» D. hyper economics | |