Category: Miscellaneous Economics Mcqs

A. constitute a subculture within the larger culture
B. tend to show solidarity to each other
C. exhibit clannish behavior
D. practice cultural relativity

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

A. The marginal propensity to consume.
B. The amount of income when consumption is zero
C. The average consumption level
D. The amount of consumption when income is zero

A. folkways
B. mores
C. customs
D. traditions

A. dose not exist in large urban industrial societies
B. is insufficient to maintain social order in complex societies
C. can only be exerted through the institution of religion
D. is best when exerted by forces outside the individual

A. has been with humans from the dawn of culture
B. began with hunting and gathering societies
C. has its origins in agricultural communities?
D. is peculiar to industrial societies

A. prejudging
B. characterizing
C. stereotyping
D. discriminating

A. Most of the health problems associated with growing old pose serious problems by the age of 65
B. A majority of the elderly live in nursing homes
C. Young workers perform far better than elderly workers which is why employers prefer tham
D. none of the above

A. has a cultural basis
B. has a biological basis
C. depends on how wanted the infant is
D. none of the above

A. Individuals hold money just in case an emergency happens
B. Individuals hold money to buy things
C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
D. Individuals hold money to shop