Free Macroeconomics MCQs with Answers
1,499 Macroeconomics MCQs from Economics, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.
The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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- A. race
- B. religion
- C. political party
- D. last name
Explanation: Race is commonly treated as an ascribed status because it is assigned at birth and is not normally chosen or changed by the individual.
Correct answer: race- A. pure stock
- B. differences in intelligence
- C. primarily differences in language
- D. mixtures of several populations
Explanation: Human populations have mixed over long periods, so racial categories do not represent pure, separate stocks.
Correct answer: mixtures of several populations- A. minority refers to the smaller group
- B. minority refers to an oppressed group
- C. majority represents the group in power because of its large numbers
- D. minorities are described on the basis of biology
Explanation: In sociology, minority status refers mainly to social disadvantage and lack of power, not simply to having fewer members.
Correct answer: minority refers to an oppressed group- A. is learned in school
- B. is emotionally satisfying
- C. is based on rational though
- D. causes guilt feelings and most people need a scapegoat
Explanation: Prejudice can persist because it provides emotional satisfaction by simplifying complex problems and directing frustration toward a…
Correct answer: is emotionally satisfying- A. an attitude or feeling of dislike for a certain group
- B. an action taken as a result of prejudicial feelings
- C. racial hatred
- D. belief in the superiority of one,s own group
Explanation: Discrimination is behaviour or action that treats a group unfairly because of prejudice.
Correct answer: an action taken as a result of prejudicial feelings- A. It may be culture-conditioned or character -conditioned
- B. It may reflect the norms of the community
- C. Its source may be the personality of a specific person
- D. it is almost never found in persons with an authoritarian personality type
Explanation: Authoritarian personality patterns are commonly associated with stronger prejudice, not its absence.
Correct answer: it is almost never found in persons with an authoritarian personality type- A. share behavioral traits
- B. share social and cultural traits
- C. share physical traits
- D. are heterogeneous
Explanation: An ethnic group is identified primarily by shared cultural and social features such as ancestry, language, traditions, or history.
Correct answer: share social and cultural traits- A. there are three races
- B. there are fifty two races
- C. there are no races
- D. all of humankind is descended from the same common stock
Explanation: Modern science supports the common descent of all human beings from shared ancestral populations, rather than the idea of separate pure…
Correct answer: all of humankind is descended from the same common stock149. Dominant groups tend to use all but which of the following methods in dealing with minorities ?
- A. forced assimilation
- B. cultural relativity
- C. population transfers
- D. economic exploitation
Explanation: Dominant groups may impose assimilation, transfer populations, or exploit minorities economically.
Correct answer: cultural relativity- A. the condition of persons who are ranked higher in one variable of status than another
- B. the order of importance given to status variables
- C. the mechanism high status persons use to protect themselves from competition
- D. the least important dimension of stratification
Explanation: Status inconsistency occurs when a person ranks differently on separate status dimensions, such as having high education but low income.
Correct answer: the condition of persons who are ranked higher in one variable of status than another- A. complex industrial societies
- B. simple farming societies
- C. hunting and gathering societies
- D. all social systems
Explanation: Power, meaning the ability to influence or control others, exists in every type of social system, from hunting societies to industrial…
Correct answer: all social systems- A. women
- B. children under 6
- C. the elderly
- D. black males
Explanation: In the standard poverty comparisons used in introductory social-science texts, children under six have the highest poverty rate among…
Correct answer: children under 6153. Political science has taken a turn toward the social sciences in its studies of__________________?
- A. law and administration
- B. the moral effects of government policies
- C. work as a source of identity
- D. the social impact of government on groups and individuals
Explanation: A social-science approach to political science examines how government affects groups and individuals, rather than focusing only on formal…
Correct answer: the social impact of government on groups and individuals154. If a broad spectrum of the population is surveyed at a given time the study is called______________?
- A. longitudinal
- B. inferential
- C. descriptive
- D. cross sectional
Explanation: A cross-sectional study observes a broad population at one point in time, like taking a snapshot.
Correct answer: cross sectional- A. primary
- B. secondary
- C. Tertiary
- D. Quaternary
Explanation: An accountant provides a service rather than extracting raw materials or manufacturing goods, so accounting belongs to the tertiary, or…
Correct answer: Tertiary- A. creation of a middle class
- B. dehumanization and commodification of labor
- C. continued accumulation and reinvestment of capital
- D. All of the above
Explanation: Industrialization expanded the middle class, encouraged the accumulation and reinvestment of capital, and often treated labor as a…
Correct answer: All of the above- A. Is primarily an instrument of the U.S
- B. Open supports communist and socialist regimes
- C. is extremely effective in policing the world
- D. None of the above
Explanation: The United Nations is not simply a U.S. instrument, a supporter of communist regimes, or an entirely effective world police force.
Correct answer: None of the above- A. raised new concerns about nuclear proliferation
- B. has shifted American policy toward cooperative internationalism
- C. created new possibilities for the world balance of power
- D. All of the above
Explanation: The Cold War's end altered the balance of power, encouraged greater emphasis on cooperative internationalism, and raised concerns about…
Correct answer: All of the above- A. foreign policy
- B. manipulation
- C. propaganda
- D. the democratic value system
Explanation: Foreign aid is commonly used to advance a donor country's foreign-policy objectives, alongside humanitarian or development purposes.
Correct answer: foreign policy- A. secure borders between Germany and France
- B. the principle that state religions were forbidden
- C. King Henry the VII as the Holy Roman Emperor
- D. that the power of the state superseded the power of the Catholic church
Explanation: The Peace of Westphalia is associated with state sovereignty and the principle that territorial states control their internal affairs…
Correct answer: that the power of the state superseded the power of the Catholic church