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