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