Economics MCQs

4475 MCQs  (Page 391 of 448)

Attempt Economics Mcqs Quiz
Which is characteristic of a strictly closed society ?
A. Estate
B. Class
C. Caste
D. Strata
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Which society lacks social classes totally ?
A. The soviet union
B. China
C. The united states
D. None of the above
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The modern approach to studying social classes based on several dimensions of the stratification system is the______________?
A. Ses
B. Bes
C. Ces
D. Tes
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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
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Rates of poverty tend to be highest among_______________?
A. Female headed households
B. Children
C. Minorities
D. All of the above
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What forces prices down ?
A. Large consumer purchasing power
B. Elastic demand
C. Inelastic demand
D. Inferior products
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What is meant by the public sector ?
A. The goals of the society
B. Economic activities in which the government engages for the public good
C. Economic activities in which self-interest makes for personal affluence
D. Economic activities open to the public
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The price system is based on_______________?
A. A government plan
B. Tradition
C. Consumer demand
D. The command of a ruler
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The circular nature of the economic process occurs from_________________?
A. Firm to firm
B. Household to firm to consumer and back again
C. Government to consumer
D. Firm to consumer
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Some of the restrictions as work in a market include________________?
A. Prices of goods and services
B. Income for labor
C. Prices of resources for firms
D. All of the above
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Word of the Day
17 Jul
Flagrant
(of an action considered wrong or immoral) conspicuously or obviously offensive.
انتہائی برا، قابل مذمت، فاش

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