Economics MCQs

Page No. 93

The exchange system is based on_______________?


agovernment reaction


b supply and demand


clack of labor


dgoods and service


View Answer supply and demand

Which of the following is an index crime ?


a being in a football pool


bspeeding


crobbery


d all of the above


View Answer robbery

Aggregate demand is defined as_________________?


aone person’s demand for goods and services


b the lack of demand for goods and services


c the total demand in a society or on a world level for goods and services


dnone of the above



Labeling theory has been criticized because_________________?


aan undiscovered teller who steals from his bank is still a deviant


bit does not take biology into consideration


ct discounts the power of anomie


dit is necessary to be realistic about people’s behavior



Deviance that has not been discovered is called ?


asecondary deviance


bfinal deviance


cprimary deviance


dsinful deviance


View Answer primary deviance

The middle- and low-income nation are located mostly in_______________?


athe southern regions of the world


b the North-South Axis


cthe northern regions of the world


dthe North and South Pole



What percentage of the earth’s people live in low-income areas ?


a 10%


b35%


c 56%


d5%


View Answer 56%

The largest of the world regions containing 44 countries is_____________?


aEurope


bAsia


cNorth America


dSub-Saharan Africa


View Answer Sub-Saharan Africa

The desert and semi-arid regions of the Middle East are resource-poor except for_______________?


adates


boil


curanium


dcoal


View Answer oil

The most advanced form of regional cooperation is exhibited by______________?


aAfrica


bThe Middle East


cEurope


dThe Pacific Rim


View Answer Europe

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