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Miscellaneous Economics Mcqs

The Democrats lost the presidential elections in 1984 and 1988 because of…………..?

A. split ticket voting
B. huge political gaffes
C. loss of direct contact with the electorate
D. running the wrong candidates

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“Hard “money is……………..?

A. money actually tendered to campaigns
B. cash rather than checks or notes
C. money given during the campaign
D. none of the above

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The transitional period between the dominance of one party or another is called……………?

A. realignment
B. dealignment
C. alignment
D. derailment

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Whenever a third party becomes significant its platform …………… ?

A. is rejected by the two main parties
B. is integrated into the platforms of the two main parties
C. is declared unconstitutional
D. becomes a social movement

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Corporations and labor unions………….?

A. cannot contribute to congressional candidates
B. may establish their own PACs
C. may use union or corporate funds to administer PACs
D. can give soft money to a national party for state and local campaigns
E. all of the above

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Which resources are scarce in every society ?

A. Fertile land
B. Wheat and com
C. Food shelter and protective coverings
D. Sufficient males to mate with all the females

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Each society must make the following decisions of an economic nature regarding the…………..?

A. time place and quantity of production
B. assessment collection and counting of taxes
C. measurement of land water and minerals
D. production distribution and consumption of goods and services

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Land labor capital and entrepreneurship are called………………?

A. raw materials
B. impetus to upward mobility
C. factors of production
D. external devices

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In most societies ownership of property takes one of three forms…………….?

A. restricted guarded and private
B. esthetic visible tangible
C. communal private public
D. ambiguous hermetic contraceptive

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The foremost advantage of a corporation is its………….?

A. ability to accumulate vast amounts of capital in a short time
B. capacity for protracted periods of employment
C. ability to profit from the labor of its employees
D. necessity to exhibit the latest technology

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