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