A. Large consumer purchasing power
B. Elastic demand
C. Inelastic demand
D. Inferior products
What forces prices down ? Read More »
Miscellaneous Economics Mcqs A. Female headed households
B. children
C. minorities
D. all of the above
Rates of poverty tend to be highest among_______________? Read More »
Miscellaneous Economics Mcqs A. education
B. religion
C. hard work
D. belonging to organized crime
A. SES
B. BES
C. CES
D. TES
A. The Soviet Union
B. China
C. The United States
D. none of the above
Which society lacks social classes totally ? Read More »
Miscellaneous Economics Mcqs A. Estate
B. Class
C. Caste
D. Strata
Which is characteristic of a strictly closed society ? Read More »
Miscellaneous Economics Mcqs A. professors
B. physicians
C. ministers
D. research scientists
The following people enjoy both status and wealth in our society______________? Read More »
Miscellaneous Economics Mcqs A. the owners of the means of production
B. persons who have similar forms of power prestige or wealth
C. categories of people set up by governments
D. people especially endowed by nature
A modern definition of class maintains that social class is constituted by____________? Read More »
Miscellaneous Economics Mcqs A. inequality is a motivating force for people to rise in the stratification system
B. Everyone is talented equally
C. Marxism tries to explain all social problems
D. Democracy delivers equality better than Marxism does
Which of the following is a criticism of Marxist theory ? Read More »
Miscellaneous Economics Mcqs A. who says that a football player is more important than a college professor?
B. sons of talented persons are privileged even if they themselves lack talent
C. is a stable society better than an unequal society?
D. all of the above
Criticisms of structural functionalism include_______________? Read More »
Miscellaneous Economics Mcqs