Economics Quiz 56

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Economics Quiz 56

1 / 50

In essence people need government because________________?

2 / 50

The J-curve effect refers to the observation that ?

3 / 50

Among the factors that favor individual mobility are_________________?

4 / 50

Market power is ?

5 / 50

What was the crude birth rate of 1998 ?

6 / 50

Export primary commodity concentration ratios are ?

7 / 50

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

8 / 50

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

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

Variables that exercise influence on other variables are called ?

11 / 50

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

12 / 50

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

13 / 50

If a product is an inferior good ?

14 / 50

ideologies tend to arise during periods of_____________?

15 / 50

Defense mechanisms function to________________?

16 / 50

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

17 / 50

Which are manifest functions of schools ?

18 / 50

The factor endowment theory was pioneered by ?

19 / 50

The term ?prejudice? implies that_________________?

20 / 50

Reproduction outside the family__________________?

21 / 50

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

22 / 50

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

23 / 50

As a result of social change some members of society_______________?

24 / 50

What does price elasticity of demand measure ?

25 / 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 ?

26 / 50

The govt. can control inflation by______________?

27 / 50

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

28 / 50

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

29 / 50

Deviance is defined as________________?

30 / 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 ?

31 / 50

If PX > MCX, society gains by ?

32 / 50

It is correct to say that__________________?

33 / 50

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

34 / 50

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

35 / 50

For Harvard?s Dani Rodrik Globalization involves ?

36 / 50

The United Stats in an exception in that_________________?

37 / 50

Most empirical studies show that firm?s cost curves ?

38 / 50

Which of the following best defines price discrimination ?

39 / 50

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

40 / 50

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

41 / 50

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

42 / 50

The situation in the Middle East is an example of________________?

43 / 50

Material culture________________?

44 / 50

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

45 / 50

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

46 / 50

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

47 / 50

Crowds and masses differ in that___________________?

48 / 50

A personality refers to______________?

49 / 50

Normal profit occurs when ?

50 / 50

The urban trends resulting from the industrial Revolution include_________________?

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