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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

According to Blau and Duncan occupational upward mobility is greatly influenced by______________?
A the amount of education
B occupation of the father
C the nature of the first job
D all of the above
Correct Answer: all of the above
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
Correct Answer: all of the above
Which is NOT a type of social differentiation ?
A Stratification
B Ethnicity and race
C Head shape and eye color
D Sex and age
Correct Answer: Head shape and eye color
Present theories of stratification__________________?
A offer ways to end inequality
B answer the of what causes inequality
C agree that inequality is an evil
D offer two different ways of looking at inequality
Correct Answer: offer two different ways of looking at inequality
Conflict theorists view stratification systems as______________?
A resulting from class struggles
B effects of the law of nature
C mechanisms of coercion
D BOTH coercive and resulting from class struggles
Correct Answer: resulting from class struggles
Which are the dimensions of stratification ?
A Class status and power
B Family background attractiveness wealth
C Talent service goodness
D Caste estate feudalism
Correct Answer: Class status and power
People who suffer from status inconsistency__________________?
A usually do not worry about it
B tend to suffer more frustration and dissatisfaction than those whose status is consistent
C work hard to accumulate wealth to make up for it
D willingly accept a lower status in return for social recognition
Correct Answer: tend to suffer more frustration and dissatisfaction than those whose status is consistent
Power is defined by Max Weber as the ability to__________________?
A be the strongest in mind and body
B carry out one,s wishes in spite of resistance
C gain consent
D do as one pleases
Correct Answer: carry out one,s wishes in spite of resistance
Most researchers today use only two approaches to determine social class They are the_______________?
A life style approach
B reputational approach
C subjective approach
D occupational prestige and socioeconomic status(SES)
Correct Answer: occupational prestige and socioeconomic status(SES)
Poverty is related to_______________?
A technological changes only
B lack of work ethic
C patterns of prejudice and technological change
D discrimination only
Correct Answer: patterns of prejudice and technological change
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