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