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