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