Category: Miscellaneous Economics Mcqs

A. nations contain a variety of ethnic and racial groups
B. no global government exists
C. nations do not have common goals
D. all of the above

A. truth
B. property
C. happiness
D. justice

A. statistical and quantitative ways of investigating human behavior
B. a totally value free approach
C. using the findings of the social sciences to reform society
D. using whatever technique seems best to fit

A. Lookingglass self
B. symbolic interactionism
C. behaviorism
D. developmental theory

A. general
B. administrative
C. crisis
D. all of the above

A. 7As
B. 10As
C. 3As
D. 1A

A. The marginal propensity to consume is constant
B. The economy is at full employment
C. There is a constant relationship between net investment and the rate of change of output
D. The multiplier is constant

A. Technological change has made it possible for many industries to become more competitive
B. Because few real natural monopolies exist there is rarely a reason for government regulation
C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
D. All of the above

A. one person’s demand for goods and services
B. the lack of demand for goods and services
C. the total demand in a society or on a world level for goods and services
D. none of the above

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