Economics MCQs

Page No. 93

The exchange system is based on_______________?


agovernment reaction

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b supply and demand

✓


clack of labor

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dgoods and service

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View Answer supply and demand

Which of the following is an index crime ?


a being in a football pool

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bspeeding

✖


crobbery

✓


d all of the above

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View Answer robbery

Aggregate demand is defined as_________________?


aone person’s demand for goods and services

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b the lack of demand for goods and services

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

✓


dnone of the above

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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

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ct discounts the power of anomie

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dit is necessary to be realistic about people’s behavior

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Deviance that has not been discovered is called ?


asecondary deviance

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bfinal deviance

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cprimary deviance

✓


dsinful deviance

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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

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cthe northern regions of the world

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dthe North and South Pole

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


a 10%

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b35%

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c 56%

✓


d5%

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View Answer 56%

The largest of the world regions containing 44 countries is_____________?


aEurope

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bAsia

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cNorth America

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dSub-Saharan Africa

✓


View Answer Sub-Saharan Africa

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


adates

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boil

✓


curanium

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dcoal

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View Answer oil

The most advanced form of regional cooperation is exhibited by______________?


aAfrica

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bThe Middle East

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cEurope

✓


dThe Pacific Rim

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View Answer Europe

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