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