Economics Quiz 56

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Economics Quiz 56

1 / 50

Among the factors that favor individual mobility are_________________?

2 / 50

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

3 / 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 ?

4 / 50

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

5 / 50

Defense mechanisms function to________________?

6 / 50

Normal profit occurs when ?

7 / 50

For Harvard?s Dani Rodrik Globalization involves ?

8 / 50

What does price elasticity of demand measure ?

9 / 50

Which of the following best defines price discrimination ?

10 / 50

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

11 / 50

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

12 / 50

Material culture________________?

13 / 50

Variables that exercise influence on other variables are called ?

14 / 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 ?

15 / 50

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

16 / 50

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

17 / 50

As a result of social change some members of society_______________?

18 / 50

The J-curve effect refers to the observation that ?

19 / 50

The situation in the Middle East is an example of________________?

20 / 50

The urban trends resulting from the industrial Revolution include_________________?

21 / 50

Most empirical studies show that firm?s cost curves ?

22 / 50

Which are manifest functions of schools ?

23 / 50

Reproduction outside the family__________________?

24 / 50

What was the crude birth rate of 1998 ?

25 / 50

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

26 / 50

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

27 / 50

Export primary commodity concentration ratios are ?

28 / 50

If a product is an inferior good ?

29 / 50

Crowds and masses differ in that___________________?

30 / 50

The factor endowment theory was pioneered by ?

31 / 50

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

32 / 50

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

33 / 50

If PX > MCX, society gains by ?

34 / 50

It is correct to say that__________________?

35 / 50

Deviance is defined as________________?

36 / 50

Market power is ?

37 / 50

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

38 / 50

In essence people need government because________________?

39 / 50

The govt. can control inflation by______________?

40 / 50

A personality refers to______________?

41 / 50

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

42 / 50

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

43 / 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 ?

44 / 50

ideologies tend to arise during periods of_____________?

45 / 50

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

46 / 50

The United Stats in an exception in that_________________?

47 / 50

The term ?prejudice? implies that_________________?

48 / 50

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

49 / 50

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

50 / 50

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

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