Miscellaneous Economics Mcqs

A. the value of the individual
B. rule by the elite
C. leadership of a charismatic leader
D. ideal hopes for a future society

A. participation in political decision making should be extended to religious leaders
B. the Socialist party must be in command of the economy
C. participation in political decision making should be extended to economic decision making
D. it is not necessary for everyone in a society to work

A. all property belongs to the government
B. the economy is regulated through legislation and taxation
C. losers totally destroyed
D. the individual is free to do anything as long as he/she has money

A. It is the American way
B. Greed makes the world go around
C. keeping up with the Joneses leads to success
D. None of the above

A. agricultural nations like Cuba
B. less economically developed nations like Russia
C. Asian nations lacking well-developed industrial sectors like China
D. all of the above

A. is the rallying cry of the Women Liberation Movement?
B. was Karl Marx’s exhortation to the workers of the world
C. is the French expression Adam Smith used to mean that government should keep its hands off the economy?
D. is the economic theory introduced to the U.S by Keynes?

A. is a pivotal institution
B. is the acting arm of the state
C. includes the political process
D. all of the above

A. that the Constitution delegates it so little power
B. a result of the gradual emergence of the Supreme Court as a legislative body
C. the development of the power of state governments
D. the traditional organization of the legislative branch

A. Chief Justice
B. commander in chief of Armed Forces
C. chief diplomat
D. party leader

A. explicit statements in the Constitution
B. the Marbury v Madison decision
C. an act of Congress
D. the First Amendment to the Constitution