Economics Quiz 56
1 / 50
The participants in a market economy cannot pursue their goals freely because they are affected by_________________?
2 / 50
In essence people need government because________________?
3 / 50
A checking deposit in a bank in considered _________ of that bank?
4 / 50
Which financial instrument provides a buyer the right to purchase or sell a fixed amount of currency at a prearranged price, within a few days to a couple of years ?
5 / 50
Crowds and masses differ in that___________________?
6 / 50
Which are manifest functions of schools ?
7 / 50
Which of the following statement is NOT true about OECD aid ?
8 / 50
If a supply curve for a good is price elastic then ?
9 / 50
Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?
10 / 50
Minorities have reacted to domination by developing goals that may be called_________________?
11 / 50
The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?
12 / 50
Among the factors that favor individual mobility are_________________?
13 / 50
Deviance is defined as________________?
14 / 50
Portion of a company?s profit paid to common and preferred shareholders is called ?
15 / 50
If the Supply of loanable funds is very inelastic (steep) Which policy would likely increase saving and investment the most ?
16 / 50
For Harvard?s Dani Rodrik Globalization involves ?
17 / 50
If a product is an inferior good ?
18 / 50
Market power is ?
19 / 50
A personality refers to______________?
20 / 50
The urban trends resulting from the industrial Revolution include_________________?
21 / 50
If Japan runs current account deficit and exchange rates are floating?
22 / 50
Variables that exercise influence on other variables are called ?
23 / 50
Material culture________________?
24 / 50
The J-curve effect refers to the observation that ?
25 / 50
The theory of symbolic interactionism in personality formation is associated with_______________?
26 / 50
Reproduction outside the family__________________?
27 / 50
The dominant group in a society is the one that is the_________________?
28 / 50
Which of the following best defines price discrimination ?
29 / 50
From a sociological viewpoint to say that deviance has functions means that ?
30 / 50
What does price elasticity of demand measure ?
31 / 50
As a result of social change some members of society_______________?
32 / 50
Guest worker programs usually result in temporary migration of workers from ?
33 / 50
The situation in the Middle East is an example of________________?
34 / 50
A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?
35 / 50
The term ?prejudice? implies that_________________?
36 / 50
ideologies tend to arise during periods of_____________?
37 / 50
What was the crude birth rate of 1998 ?
38 / 50
Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?
39 / 50
The factor endowment theory was pioneered by ?
40 / 50
It is correct to say that__________________?
41 / 50
Most empirical studies show that firm?s cost curves ?
42 / 50
If PX > MCX, society gains by ?
43 / 50
Identify below what is NOT considered to be a cause of economic growth ?
44 / 50
The United Stats in an exception in that_________________?
45 / 50
The hypothesis that people know the true model of the economy and that they use this model to form their expectations of the future is the ?
46 / 50
Export primary commodity concentration ratios are ?
47 / 50
A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?
48 / 50
Normal profit occurs when ?
49 / 50
The govt. can control inflation by______________?
50 / 50
Defense mechanisms function to________________?
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