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.Management Sciences
Category: Economics Mcqs
The study of human group behavior is the definition of________________?
A. psychology
B. geology
C. sociology
D. none of the above
Name the political and economic system in which the government owns and controls the means of production to benefit all the people ?
A. Communism
B. Socialism
C. Capitalism
D. Authoritarianism
Which of the following is the Pakistan’s central bank ?
A. State Bank
B. National Bank
C. Both of them
D. None of them
When gathering data, the scientist is required to exhibit all BUT which one of the following traits ?
A. Courage
B. Patience
C. Ethical neutrality
D. Social involvement
Capitalism is an economies system ?
A. based on government intervention in the means of production
B. that originated in the United States in the 19th Century
C. Where private owners of capital make decisions based on profit
D. that dominated developing economies in the 19 Century
Which is the most widely used tool of monetary policy ?
A. Clearing house
B. Open-market operations
C. Discount rate
D. Issuing of notes
Developing countries, if compared with other countries, have ?
A. a lower rate of illiteracy
B. a greater degree of equality in the income distribution
C. a lower infant mortality rate
D. a smaller percentage of the labor force in urban areas
Pivotal institutions_________________?
A. arise from fundamental human needs
B. include government the economy education the family and religion
C. differ in traits and culture complexes from society to society
D. all of the above
In a macroeconomic model without foreign trade or a government aggregate demand is the sum of ?
A. personal saving and private investment
B. personal saving and personal consumption
C. personal consumption and private investment
D. None of the above
When one knows the roles that one is expected to play and is willing and able to do so one is_____________?
A. successfully socialized
B. brainwashed
C. conditioned
D. a significant other
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