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Economics Mcqs 4423 MCQs [All-Courses]

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Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

All Topics  4423

The small number of black managers and coaches in professional baseball and football is an example of________________?
A individual discrimination
B institutional discrimination
C cultural discrimination
D lack of talent among blacks
Correct Answer: institutional discrimination
Which statement is an example of stereotyping ?
A Judge each individual on his own merits
B All blacks are good basketball players
C There are good and bad among all ethnic or racial groups
D Talent is not the exclusive property of any ethnic group
Correct Answer: All blacks are good basketball players
The merging of majority and minority groups as happened in Brazil is called_______________?
A segregation
B acculturation
C accommodation
D amalgamation
Correct Answer: amalgamation
In some cultures a women a can have several husbands at one time. This custom is called____________?
A lunacy
B polyandry
C polygyny
D serial marriage
Correct Answer: polygyny
A kinship system is based on______________?
A marriage
B common descent
C adoption
D none of these
Correct Answer: common descent
The family-and particularly marriage-binds its members through_______________?
A interfaith competition
B legal and economic bonds
C educational functions
D class conflict
Correct Answer: legal and economic bonds
An example of a basic pivotal institution is_____________?
A show business
B gossip
C sports
D the family
Correct Answer: the family
Social institutions________________?
A are ingrained patterns of behavior representing solutions to universal human needs
B are things like banks and schools
C make up cultural components
D all of the above
Correct Answer: are ingrained patterns of behavior representing solutions to universal human needs
The Micropolitan Statistical Area consists of_______________?
A one urban cluster of at lest 10,000 but less than 50.000 population
B one city of at least 50,000 population
C one city of at least 1 million population
D a region of the country
Correct Answer: one urban cluster of at lest 10,000 but less than 50.000 population
Metropolitan areas with a population of 1 million or more are called_______________?
A CMSAs (Consolidated Metropolitan Statistical Areas)
B SMSAs (Standard Metropolitan Statistical Areas)
C CBSAs (Core Bases Statistical Areas)
D MSAs (Micropolitan Statistical Areas)
Correct Answer: CBSAs (Core Bases Statistical Areas)
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