A. Is primarily an instrument of the U.S
B. Open supports communist and socialist regimes
C. is extremely effective in policing the world
D. None of the above
Miscellaneous Economics Mcqs
Furnishing historical data about past societies with no written records is the task of……………?
A. archaeology
B. cultural geography
C. history
D. ornithology
The most experimental of the social sciences is……………..?
A. sociology
B. psychology
C. archaeology
D. economics
The totality of the phenomenon under study is called the……………?
A. population
B. universe
C. sample
D. inferential
To use up the final products of production is to……………?
A. distribute
B. consume
C. allocate
D. appropriate
The practice of U.S corporations’ moving’s their production facilities abroad is called…………….?
A. multinationalism
B. insourcing
C. diversification
D. Oligopoly
An example of resource versatility is……………..?
A. land used for both mining and recreation
B. Swimming fishing and boating in the same lake
C. stringing beads in the morning fishing in the afternoon, and teaching bead stringing at night
D. All of the above
Another way of talking about opportunity costs might be as…………….?
A. economic consequences
B. social consequences
C. value of sacrificed resources
D. parallel world
Money is……………….?
A. a means of exchange
B. a method of barter
C. anything of intrinsic value
D. All of the above
Industrialization was accompanied by……………?
A. creation of a middle class
B. dehumanization and commodification of labor
C. continued accumulation and reinvestment of capital
D. All of the above