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