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