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