Free Macroeconomics MCQs with Answers

• A. maintaining current standards of living in spite of increasing population
• B. increasing GNP per capita
• C. approximately 4% growth rate per year
• D. all of the above

Explanation: Adequate growth should preserve living standards as population rises, raise output per person, and generally achieve a sustained annual…

• A. full employment
• B. price stability
• C. adequate economic growth
• D. all of the above

Explanation: Despite differing views about the role of government, both liberals and conservatives generally recognise employment, stable prices and…

• A. Primary
• B. Secondary
• C. Tertiary
• D. Quaternary

Explanation: The primary sector obtains raw materials directly from nature through activities such as agriculture, mining, forestry and fishing.

• A. two extreme positions giving rise to a middle position
• B. polarization forcing societies to split up
• C. conflicts between rich and poor countries
• D. imperialism being destroyed by capitalism

Explanation: Dialectic reasoning develops through opposing positions, often described as thesis and antithesis, whose conflict produces a synthesis or…

• A. the means of production are controlled by the masses
• B. religion and philosophy are the foundations of society
• C. property is unimportant in the modern state
• D. they contained the seeds of their own destruction

Explanation: Marx argued that capitalism contains internal class conflicts and economic contradictions that will ultimately undermine and destroy it.

• A. the French Revolution
• B. starvation in Ireland
• C. the Industrial Revolution
• D. the Protestant Reformation

Explanation: Communism emerged as a major ideology in response to the inequality, exploitation and social disruption associated with the Industrial…

• A. distrusts reason
• B. refuses violence
• C. stresses a belief in human equality
• D. appeals to intellectuals

Explanation: Fascism generally distrusts rational debate and liberal individualism, emphasizing authority, emotion, obedience and action instead.

• A. contains secret police
• B. controls the mass media
• C. exhibits a centralized control of the economy
• D. all of the above

Explanation: Totalitarianism seeks comprehensive control over society, including political policing, mass communication and economic activity.

• A. democracy
• B. egalitarianism
• C. authoritarian or totalitarian ideologies
• D. tyranny

Explanation: In modern political analysis, traditional personal autocracy was increasingly replaced or supplemented by organized authoritarian and…

• A. there are five psycho sexual stages
• B. the personality is fixed by age five
• C. psychoanalysis including dream analysis is the only way to overcome personality problems
• D. none of the above

Explanation: Erikson proposed eight psychosocial stages, not Freud’s five psychosexual stages, and viewed development as continuing throughout life.

• A. prosperity
• B. crisis
• C. natural disasters
• D. conversations among intellectuals

Explanation: Ideologies commonly gain strength during crises because people seek explanations, order and programmes for dealing with severe uncertainty…

• A. make people feel free
• B. secure that will of the people
• C. give legitimate authority to the government in power
• D. fool the people some of the time

Explanation: A myth complex supplies symbolic stories and historical justifications that make the existing government appear rightful and…

• A. definitely proven to increase the crime rate
• B. definitely proven to improve school learning
• C. providing realistic view of the world
• D. none of the above

Explanation: No reliable general conclusion says television definitely increases crime or improves learning, and television does not always present…

• A. peer group
• B. school
• C. family
• D. mass media

Explanation: The family is normally the first and most influential agent of socialization because children initially learn language, behaviour and…

• A. a sense of calm
• B. love of all humans
• C. anxiety
• D. none of the above

Explanation: Modern competitive social life often creates anxiety because people face pressure, uncertainty and continual evaluation.

• A. naires
• B. personal interviews
• C. previously gathered statistical information
• D. all of the above

Explanation: Survey information may come from questionnaires, personal interviews and previously collected statistical records.

• A. significant others
• B. generalized others
• C. the l and the me
• D. the ego and the superego

Explanation: Significant others are people whose opinions matter to us and whose approval helps shape our self-concept.

• A. conscious socialization
• B. unconscious socialization
• C. subconscious socialization
• D. conscience socialization

Explanation: Directly instructing a child about acceptable behaviour is conscious socialization because an adult deliberately teaches the norm.

• A. learning
• B. social interaction
• C. body contact
• D. all of the above

Explanation: Infants require learning, interaction with other people and physical contact for healthy social and emotional development.

• A. successfully socialized
• B. brainwashed
• C. conditioned
• D. a significant other

Explanation: A person is successfully socialized when they understand expected roles and can willingly perform them.