Economics Quiz 56

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Economics Quiz 56

1 / 50

It is correct to say that__________________?

2 / 50

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

3 / 50

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

4 / 50

Which are manifest functions of schools ?

5 / 50

As a result of social change some members of society_______________?

6 / 50

If PX > MCX, society gains by ?

7 / 50

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

8 / 50

The situation in the Middle East is an example of________________?

9 / 50

The J-curve effect refers to the observation that ?

10 / 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 ?

11 / 50

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

12 / 50

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

13 / 50

Most empirical studies show that firm?s cost curves ?

14 / 50

Variables that exercise influence on other variables are called ?

15 / 50

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

16 / 50

The urban trends resulting from the industrial Revolution include_________________?

17 / 50

Material culture________________?

18 / 50

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

19 / 50

The govt. can control inflation by______________?

20 / 50

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

21 / 50

The United Stats in an exception in that_________________?

22 / 50

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

23 / 50

What does price elasticity of demand measure ?

24 / 50

The factor endowment theory was pioneered by ?

25 / 50

If a product is an inferior good ?

26 / 50

What was the crude birth rate of 1998 ?

27 / 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 ?

28 / 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 ?

29 / 50

Which of the following best defines price discrimination ?

30 / 50

Among the factors that favor individual mobility are_________________?

31 / 50

Deviance is defined as________________?

32 / 50

Defense mechanisms function to________________?

33 / 50

For Harvard?s Dani Rodrik Globalization involves ?

34 / 50

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

35 / 50

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

36 / 50

In essence people need government because________________?

37 / 50

A personality refers to______________?

38 / 50

Normal profit occurs when ?

39 / 50

Export primary commodity concentration ratios are ?

40 / 50

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

41 / 50

The term ?prejudice? implies that_________________?

42 / 50

Reproduction outside the family__________________?

43 / 50

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

44 / 50

ideologies tend to arise during periods of_____________?

45 / 50

Crowds and masses differ in that___________________?

46 / 50

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

47 / 50

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

48 / 50

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

49 / 50

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

50 / 50

Market power is ?

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