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Miscellaneous Economics Mcqs

The participants in a market include………….?

A. households
B. firms
C. governments
D. all of the above

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Taxes may be considered………….?

A. additions to the circular flow
B. withdrawals from the economic flow
C. injections into the economic flow
D. as not affecting the economic flow

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The most fundamental factor(s)in stratification is (are)…………..?

A. the ability to make someone do what you want
B. education and income
C. access to economic resources
D. an ambitious mother and later marriage

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The overall poverty rate is highest among…………..?

A. women
B. children under 6
C. the elderly
D. black males

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Power is exercised in…………….?

A. complex industrial societies
B. simple farming societies
C. hunting and gathering societies
D. all social systems

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Status inconsistency is defined as……………..?

A. the condition of persons who are ranked higher in one variable of status than another
B. the order of importance given to status variables
C. the mechanism high status persons use to protect themselves from competition
D. the least important dimension of stratification

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Which of the following is NOT a characteristic of an upwardly mobile individual ?

A. Urban resident
B. More educated than parents
C. Comes from a large family of several brothers and sisters
D. Marries later and limits family to no more than two children

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The ultimate effect of stratification systems is to…………….?

A. create inequality
B. help people decide whom they should marry
C. provide a work force for society
D. fulfill the laws of nature

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Functionalist theorists view stratification system as……………?

A. resulting from a need for order
B. providing a stabilizing influence on society
C. preventing conflicts among individuals
D. all of the above

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The important point about biological and cultural differences among people is…………..?

A. the social meanings people give these differences
B. the evidence that some traits are more desirable than others
C. the fact that to have more is better than to have less in all circumstances
D. those with most power can determine cultural values

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