Economics Quiz 56

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Economics Quiz 56

1 / 50

The term ?prejudice? implies that_________________?

2 / 50

Defense mechanisms function to________________?

3 / 50

Most empirical studies show that firm?s cost curves ?

4 / 50

The urban trends resulting from the industrial Revolution include_________________?

5 / 50

Contrary to Karl Marx,s expectations communist revolutions occurred in_______________?

6 / 50

If PX > MCX, society gains by ?

7 / 50

The factor endowment theory was pioneered by ?

8 / 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 ?

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

What does price elasticity of demand measure ?

11 / 50

The United Stats in an exception in that_________________?

12 / 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 ?

13 / 50

The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?

14 / 50

A checking deposit in a bank in considered _________ of that bank?

15 / 50

From a sociological viewpoint to say that deviance has functions means that ?

16 / 50

Which of the following statement is NOT true about OECD aid ?

17 / 50

Which of the following best defines price discrimination ?

18 / 50

A life insurance company forces Enzo to have a medical examination prior to selling him insurance ?

19 / 50

Variables that exercise influence on other variables are called ?

20 / 50

The govt. can control inflation by______________?

21 / 50

As a result of social change some members of society_______________?

22 / 50

Crowds and masses differ in that___________________?

23 / 50

Portion of a company?s profit paid to common and preferred shareholders is called ?

24 / 50

If the Supply of loanable funds is very inelastic (steep) Which policy would likely increase saving and investment the most ?

25 / 50

A personality refers to______________?

26 / 50

If a product is an inferior good ?

27 / 50

Minorities have reacted to domination by developing goals that may be called_________________?

28 / 50

Identify below what is NOT considered to be a cause of economic growth ?

29 / 50

A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is ?

30 / 50

Guest worker programs usually result in temporary migration of workers from ?

31 / 50

The J-curve effect refers to the observation that ?

32 / 50

Material culture________________?

33 / 50

Deviance is defined as________________?

34 / 50

If a supply curve for a good is price elastic then ?

35 / 50

Export primary commodity concentration ratios are ?

36 / 50

Among the factors that favor individual mobility are_________________?

37 / 50

It is correct to say that__________________?

38 / 50

In essence people need government because________________?

39 / 50

What was the crude birth rate of 1998 ?

40 / 50

For Harvard?s Dani Rodrik Globalization involves ?

41 / 50

The participants in a market economy cannot pursue their goals freely because they are affected by_________________?

42 / 50

Which are manifest functions of schools ?

43 / 50

Normal profit occurs when ?

44 / 50

The dominant group in a society is the one that is the_________________?

45 / 50

The theory of symbolic interactionism in personality formation is associated with_______________?

46 / 50

If Japan runs current account deficit and exchange rates are floating?

47 / 50

The situation in the Middle East is an example of________________?

48 / 50

ideologies tend to arise during periods of_____________?

49 / 50

Market power is ?

50 / 50

Reproduction outside the family__________________?

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