Economics Quiz 56

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Economics Quiz 56

1 / 50

What does price elasticity of demand measure ?

2 / 50

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

3 / 50

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

4 / 50

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

5 / 50

It is correct to say that__________________?

6 / 50

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

7 / 50

The factor endowment theory was pioneered by ?

8 / 50

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

9 / 50

Export primary commodity concentration ratios are ?

10 / 50

The situation in the Middle East is an example of________________?

11 / 50

Defense mechanisms function to________________?

12 / 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 ?

13 / 50

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

14 / 50

Variables that exercise influence on other variables are called ?

15 / 50

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

16 / 50

In essence people need government because________________?

17 / 50

The urban trends resulting from the industrial Revolution include_________________?

18 / 50

Which are manifest functions of schools ?

19 / 50

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

20 / 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 ?

21 / 50

Market power is ?

22 / 50

Which of the following best defines price discrimination ?

23 / 50

If PX > MCX, society gains by ?

24 / 50

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

25 / 50

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

26 / 50

Reproduction outside the family__________________?

27 / 50

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

28 / 50

Most empirical studies show that firm?s cost curves ?

29 / 50

The govt. can control inflation by______________?

30 / 50

Deviance is defined as________________?

31 / 50

Normal profit occurs when ?

32 / 50

The term ?prejudice? implies that_________________?

33 / 50

The J-curve effect refers to the observation that ?

34 / 50

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

35 / 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 ?

36 / 50

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

37 / 50

What was the crude birth rate of 1998 ?

38 / 50

As a result of social change some members of society_______________?

39 / 50

A personality refers to______________?

40 / 50

Crowds and masses differ in that___________________?

41 / 50

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

42 / 50

If a product is an inferior good ?

43 / 50

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

44 / 50

Material culture________________?

45 / 50

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

46 / 50

Among the factors that favor individual mobility are_________________?

47 / 50

The United Stats in an exception in that_________________?

48 / 50

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

49 / 50

ideologies tend to arise during periods of_____________?

50 / 50

For Harvard?s Dani Rodrik Globalization involves ?

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