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.Management Sciences
Category: Miscellaneous Economics Mcqs
According to Gordon Allport,s theory of contact_______________?
A. unequal status between groups reduces prejudice
B. equal status between groups leads to reduced competition
C. Southern blacks and whites of the same social class have been driven further apart in recent years
D. equal status between groups increases prejudice
In macroeconomics, equilibrium is defined as that point at which ?
A. aggregate output equals consumption minus investment
B. saving equals consumption
C. Planned aggregate expenditure equals aggregate output
D. planned aggregate expenditure equals consumption
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
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
The most likely factor to overcome the low status of a father’s occupation is______________?
A. education
B. religion
C. hard work
D. belonging to organized crime
Friedman’s theory of consumption focuses on ?
A. Past income
B. Current income
C. Disposable income
D. permanent income
Inequality has been explained as______________?
A. being part of the law of nature
B. resulting from the struggle for goods and services in a society
C. serving the needs of society
D. all of the above
If the GNP increases by 8% and prices increase by 3% the actual growth rate is_______________?
A. 11%
B. 5%
C. 8%
D. 3%
A nationalistic revolution occurred in the________________?
A. communist takeover of China in 1949
B. Cuban revolution of 1959
C. American Revolution
D. French Revolution
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