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