Economics Quiz 56

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Economics Quiz 56

1 / 50

In essence people need government because________________?

2 / 50

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

3 / 50

Among the factors that favor individual mobility are_________________?

4 / 50

A personality refers to______________?

5 / 50

The situation in the Middle East is an example of________________?

6 / 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 ?

7 / 50

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

8 / 50

The govt. can control inflation by______________?

9 / 50

Variables that exercise influence on other variables are called ?

10 / 50

If a product is an inferior good ?

11 / 50

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

12 / 50

The J-curve effect refers to the observation that ?

13 / 50

The United Stats in an exception in that_________________?

14 / 50

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

15 / 50

The urban trends resulting from the industrial Revolution include_________________?

16 / 50

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

17 / 50

For Harvard?s Dani Rodrik Globalization involves ?

18 / 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 ?

19 / 50

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

20 / 50

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

21 / 50

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

22 / 50

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

23 / 50

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

24 / 50

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

25 / 50

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

26 / 50

The factor endowment theory was pioneered by ?

27 / 50

Defense mechanisms function to________________?

28 / 50

If PX > MCX, society gains by ?

29 / 50

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

30 / 50

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

31 / 50

Deviance is defined as________________?

32 / 50

What does price elasticity of demand measure ?

33 / 50

It is correct to say that__________________?

34 / 50

The term ?prejudice? implies that_________________?

35 / 50

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

36 / 50

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

37 / 50

Market power is ?

38 / 50

Which of the following best defines price discrimination ?

39 / 50

Most empirical studies show that firm?s cost curves ?

40 / 50

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

41 / 50

What was the crude birth rate of 1998 ?

42 / 50

Export primary commodity concentration ratios are ?

43 / 50

Normal profit occurs when ?

44 / 50

ideologies tend to arise during periods of_____________?

45 / 50

Which are manifest functions of schools ?

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

Material culture________________?

48 / 50

Crowds and masses differ in that___________________?

49 / 50

Reproduction outside the family__________________?

50 / 50

As a result of social change some members of society_______________?

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