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