Which of these is an example of a basic pivotal institution?
Correct answer D. The family
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Economics MCQs
Page 57 of Economics multiple-choice questions with answers. Tap an option to check yourself.
Page 57 of 131
- 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
The internet grew out of a network created during the 1960s by which organisation?
Correct answer D. The Defense Department
How does the family, and marriage in particular, bind its members together?
Correct answer D. Legal and economic bonds
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A child in the United States is normally exposed to all of the following values EXCEPT which one?
Correct answer D. Collectivism
On what is a kinship system based?
Correct answer C. Common descent
What are sellers that handle their own exports engaged in?
Correct answer B. Direct exporting
In some cultures a woman may have several husbands at the same time. What is this custom called?
Correct answer A. Polyandry
Which practice includes overstating a product’s features or performance, luring customers to a store for an out-of-stock bargain, or running rigged contests?
Correct answer A. Deceptive promotion
What is the most common form of marriage today?
Correct answer D. None of these
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Which method of retail operation do supermarkets and catalogue showrooms typically use?
Correct answer D. Self-service retailing
In rural Pakistan a person must marry within his or her own caste. What is this custom called?
Correct answer D. Endogamy
Which dimension of the product mix refers to the total number of items a company carries within its product lines?
Correct answer C. Length
What is the role of romance as a reason for marriage?
Correct answer B. Is a modern invention
Using price points to signal different quality levels across a company’s related products is typical of which product mix pricing strategy?
Correct answer A. Product line pricing
Among which groups are arranged marriages common?
Correct answer D. All of the above
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What is using a successful brand name to add items to the same product category, such as new flavours, forms, colours, ingredients or pack sizes, called?
Correct answer B. Line extension
Who is quoted as saying that everyone lives by selling something?
Correct answer A. Robert Louis Stevenson
To what is the high divorce rate in industrial societies related?
Correct answer A. The stress on values of individualism and personal goals
Which sales presentation approach demands good listening and problem-solving skills?
Correct answer B. Need-satisfaction approach
Compared with married men, what are divorced men more prone to?
Correct answer D. All of the above