Economics Quiz 56

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Economics Quiz 56

1 / 50

Normal profit occurs when ?

2 / 50

A personality refers to______________?

3 / 50

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

4 / 50

Market power is ?

5 / 50

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

6 / 50

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

7 / 50

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

8 / 50

If a product is an inferior good ?

9 / 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 ?

10 / 50

Material culture________________?

11 / 50

Deviance is defined as________________?

12 / 50

Export primary commodity concentration ratios are ?

13 / 50

If PX > MCX, society gains by ?

14 / 50

The govt. can control inflation by______________?

15 / 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 ?

16 / 50

Which of the following best defines price discrimination ?

17 / 50

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

18 / 50

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

19 / 50

Reproduction outside the family__________________?

20 / 50

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

21 / 50

For Harvard?s Dani Rodrik Globalization involves ?

22 / 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 ?

23 / 50

Crowds and masses differ in that___________________?

24 / 50

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

25 / 50

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

26 / 50

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

27 / 50

It is correct to say that__________________?

28 / 50

The situation in the Middle East is an example of________________?

29 / 50

The urban trends resulting from the industrial Revolution include_________________?

30 / 50

What does price elasticity of demand measure ?

31 / 50

Which are manifest functions of schools ?

32 / 50

The J-curve effect refers to the observation that ?

33 / 50

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

34 / 50

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

35 / 50

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

36 / 50

The United Stats in an exception in that_________________?

37 / 50

The factor endowment theory was pioneered by ?

38 / 50

Among the factors that favor individual mobility are_________________?

39 / 50

In essence people need government because________________?

40 / 50

The term ?prejudice? implies that_________________?

41 / 50

ideologies tend to arise during periods of_____________?

42 / 50

What was the crude birth rate of 1998 ?

43 / 50

Defense mechanisms function to________________?

44 / 50

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

45 / 50

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

46 / 50

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

47 / 50

Variables that exercise influence on other variables are called ?

48 / 50

Most empirical studies show that firm?s cost curves ?

49 / 50

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

50 / 50

As a result of social change some members of society_______________?

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