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. cultural interaction
- B. issues of war and security
- C. social and economic issues
- D. diplomatic relations
Explanation: In realism, high politics concerns national survival, military power, war and security.
Correct answer: issues of war and security- A. wealth correlates with religion
- B. wealth does not correlate with religion
- C. in most wealth nations religion is very important
- D. none of the above
Explanation: The United States is often described as an exception among wealthy societies because high wealth has not been accompanied by a comparable…
Correct answer: wealth does not correlate with religion- A. elitism
- B. academicism
- C. credentialism
- D. syndication
Explanation: Credentialism is the practice of using formal educational qualifications, such as degrees, as minimum requirements for employment.
Correct answer: credentialism- A. occupational success is desirable
- B. success does not matter as much as happiness
- C. their children should have a classical education
- D. students should find peers with similar goals
Explanation: Middle- and upper-class parents commonly emphasize occupational achievement and career success as desirable outcomes of education.
Correct answer: occupational success is desirable- A. the nonproductive member of an underclass
- B. the nonproductive elderly
- C. the technically sophisticated and well-educated individual
- D. the manual worker
Explanation: Industrial and postindustrial economies place high value on educated workers with advanced technical skills because production…
Correct answer: the technically sophisticated and well-educated individual- A. education makes no attempt to exercise social control
- B. education places too little emphasis on hard work and obedience
- C. education is used to foster the acceptance of our political system without
- D. none of the above
Explanation: Critics argue that education can socialize students into accepting the existing political system without questioning it, rather than…
Correct answer: education is used to foster the acceptance of our political system without- A. the family is unimportant
- B. the family is crucial to student success
- C. the social class of the family is unimportant
- D. smart students easily overcome the disinterest of the family
Explanation: Family background strongly affects student success through support, expectations, resources, and learning conditions.
Correct answer: the family is crucial to student success- A. To teach skills
- B. To teach the values prevalent in the society
- C. To reinforce the norms of the society
- D. All of the above
Explanation: Manifest functions are the intended and recognized purposes of an institution.
Correct answer: All of the above- A. Orthodox
- B. Conservative
- C. Reform
- D. Sephardic
Explanation: Reform Judaism supports women’s ordination as rabbis. Orthodox Judaism generally does not, while Conservative Judaism adopted the practice…
Correct answer: Reform- A. a book of the Bible
- B. a member of the clergy
- C. a universal religion
- D. a state religion
Explanation: In the sociology of religion, an ecclesia is a religious organization formally allied with and often supported by the state, making it a…
Correct answer: a state religion- A. tithing
- B. mana
- C. prayer
- D. taboo
Explanation: Prayer is the most widespread form of religious behavior because it occurs across nearly all major religions and requires no special…
Correct answer: prayer- A. beliefs rituals and organization
- B. doctrine sacraments and priests
- C. dogma ecclesia and faith
- D. church clergy and believers
Explanation: An established religion develops three broad components: beliefs about reality, rituals expressing those beliefs, and an organization to…
Correct answer: beliefs rituals and organization- A. a deliberate hoax on the part of dominant classes
- B. alienating on both personal and social levels
- C. an opiate
- D. all of the above
Explanation: Marx called religion an opiate and viewed it as an alienating ideology that could support dominant-class interests.
Correct answer: all of the above- A. an inappropriate object of worship
- B. a figment of the human imagination
- C. a sort of ideal
- D. all of the above
Explanation: Feuerbach argued that humans project their own highest qualities and ideals onto an imagined divine being.
Correct answer: a figment of the human imagination- A. reinforce society's nation of good and evil
- B. link the human and divine orders
- C. provide a special feeling of belonging and power
- D. all of the above
Explanation: Religions establish ideas about good and evil, connect human life with the divine, and create belonging through shared beliefs and…
Correct answer: all of the above- A. the power of good over evil
- B. the power of evil over good
- C. a power that is neither good nor evil
- D. the food miraculously given to the escaped slaves in the wilderness
Explanation: In Melanesian religious belief, mana is an impersonal supernatural power that can be possessed by people, objects, or places.
Correct answer: a power that is neither good nor evil- A. families have gotten larger
- B. the birthrate has greatly declined
- C. there has been an increase in voluntary childlessness
- D. marriage rates have declined
Explanation: Modern families have generally become smaller because of declining birthrates, and voluntary childlessness and lower marriage rates have…
Correct answer: families have gotten larger- A. eliminating marriage altogether
- B. allowing same-sex couples to marry
- C. lowering the age at marriage
- D. none of the above
Explanation: A major modern debate concerns whether same-sex couples should receive the legal right to marry.
Correct answer: allowing same-sex couples to marry- A. is considered the wave of the future
- B. has its own set of problems
- C. is the best solution to a failing institution
- D. only a and b
Explanation: A blended family combines partners and children from previous relationships, and it can involve adjustment, parenting, and loyalty…
Correct answer: only a and b- A. left alimony awards intact
- B. all but eliminated alimony and somewhat decreased the average child support award
- C. increased child support requirements
- D. increased both alimony and child support awards for the first few year after divorce
Explanation: No-fault divorce removed the requirement to prove marital wrongdoing and generally reduced the bargaining basis for alimony; studies also…
Correct answer: all but eliminated alimony and somewhat decreased the average child support award