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Miscellaneous Economics Mcqs

Armenia Georgia and Azerbaijan are…………………?

A. Baltic nations
B. Slavic nations
C. Asian nations
D. African nations

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The three most important nations in Asia are……………?

A. Singapore South Korea and Malaysia
B. Hong Kong Macao Bali
C. Japan India China
D. Taiwan Indonesia Tibet

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Which is NOT Third World nation ?

A. Burkina Faso
B. China
C. Zimbabwe
D. Ethiopia

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Approximately how many people inhabit the earth ?

A. 50 billion
B. 6 billion
C. 12 billion
D. 1.2 billion

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What percentage of the earth’s people live in high-income areas ?

A. 50%
B. 15%
C. 45%
D. 3%

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Deviance that has been exposed leads to…………..?

A. anomie
B. labeling
C. transmission
D. forgiveness

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Deviance that is covered by the laws of a society is called…………..?

A. anomie
B. alienation
C. crime
D. differentiation

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When cars are offered at low prices but people still do not buy them the situation is one in which…………..?

A. demand is elastic
B. demand is inelastic
C. there is aggregate demand
D. exchange takes place

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White -collar crime………….?

A. is based on violence
B. gains small amounts of money for its perpetrators
C. is very costly to society
D. is punished more severely than blue-collar crime

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A condition of normlessness and separation from legitimate modes of behavior is termed………..?

A. trauma
B. anomie
C. alienation
D. anomaly

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