When is power considered legitimate?
Correct answer A. A majority of societal members accept its use as right and proper
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Miscellaneous Economics MCQs
Page 36 of Miscellaneous Economics multiple-choice questions with answers. Tap an option to check yourself.
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- Miscellaneous Economics 737
- Basic of Economics 430
- Markets, Efficiency And The Public Interest 167
- Agriculture & Irrigation System of Pakistan 126
- Market 87
- Macroeconomic Issues and Analysis 75
- Money, Interest Rates And Output 73
- Introduction To Economics 70
- Population And Development 62
- Profit Maximizing Under Perfect Competition And Monopoly 56
- Income Inequality 52
- Non-Tariff Trade Barriers 48
- Aggregate Supply, Unemployment And Inflation 45
- Natural Resources and the Environment Toward Sustainable Development 44
- Costs , Supply And Perfect Competition 44
- Human Capital 42
- Labour Market 39
- Monopoly 35
- Long Term Economic Growth 30
- Inflation & Productivity 30
- Regional Trading Arrangements 29
- Characteristics and Institutions of Developing Countries 24
- Oligopoly 23
- Consumer Theory vs. Real Consumers 20
- Applied Microeconomics 20
- Alternative Theories Of The Firm 20
- Public Goods 20
- Balance of Payments, Aid and Foreign Investment 19
- Prices, Wages & Taxes 19
- Comparative GDP 19
- Budget Deficits And The Trade Balance 18
- Macroeconomic Policy Tools 18
- Asymmetric Information 17
- Application of Economics 16
- Production Factors 16
- Monopoly & Competition 15
- Capital Formation, Investment Choice, Information Technology, And Technical Progress 15
- Monetary, Fiscal And Incomes Policy, And Inflation 15
- Average And Total Cost 14
- Poverty, Malnutrition, And Income Inequality 12
- Monetary Union 10
Which statement about moral control is correct?
Correct answer B. Is insufficient to maintain social order in complex societies
Which of the following is a manifest function of government?
Correct answer B. The provision of institutionalised social control
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Several nations share Antarctica because no single nation has what?
Correct answer B. Sovereignty over it
The basic components of the state include all of the following EXCEPT which one?
Correct answer A. Armed services
Which statement about charismatic leaders is correct?
Correct answer B. May appear in societies with either a traditional or a legal-rational base of authority
On what does the oldest form of power rest?
Correct answer A. Traditional authority
Essentially, why do people need government?
Correct answer B. They live in groups and need a degree of order
Which statement correctly describes political power?
Correct answer A. Is power exercised by the state through its government
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Which features characterise government?
Correct answer D. All of the above
Which kind of authority underlies the Pope’s leadership of the Catholic Church?
Correct answer C. Traditional
Hitler led the German people through emotional speeches. From what did he derive his authority?
Correct answer A. Personal charisma
How do conflict theorists view the functions of the state?
Correct answer A. Protecting the interests of the ruling elite only
What is the slogan “My country, right or wrong” an example of?
Correct answer C. Nationalism
What must a government have for its power to be legitimate?
Correct answer A. Legitimate authority
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How may politics be defined?
Correct answer C. The process by which individuals and groups acquire power
Which statement about ideology is correct, according to the source?
Correct answer A. Underlies all social movements
Which of these is a latent function of government?
Correct answer C. The rise of administrative elites
In which historical period did nation-states emerge in Europe?
Correct answer A. The Renaissance
What do recent events vividly show about nationalism?
Correct answer B. The source of wars and atrocities